Title:
INSURANCE DEVELOPMENT AND ECONOMIC GROWTH IN NAMIBIA

Authors:
Nicoleta N Sikwambi, Johannes P S Sheefeni

Volume - 2 Issue - 5, Pages - 3282-3292

Abstract:
This study examined the relationship between insurance development and economic growth in Namibia. The study employed the autoregression distributive lag modelling approach based on quarterly data covering the period of 1991Q1 to 2015Q4. Other time-series techniques such as unit root test and co-integration were also used. The variables that were used included, insurance and financial services as percentage of exports, insurance and financial services as percentage of imports, FDI net inflows and real interest rate. The findings from the study revealed a negative and statistical insignificant relationship between insurance and financial services as percentage of exports and economic growth. There is also a negative and statistical insignificant relationship between insurance and financial services as percentage of imports.

Cite this Article:

[Mushongo, Anton K, and Johannes P S Sheefeni. "INSURANCE DEVELOPMENT AND ECONOMIC GROWTH IN NAMIBIA." International Journal of Social Science & Economic Research 2.4 (2017): 3282-292.]