The Impact of Real Interest Rate, Net Domestic Credit, Government Expenditure on Economic Growth in Egypt from 1976 to 2018 | ||||
المجلة العلمية للإقتصاد و التجارة | ||||
Article 5, Volume 52, Issue 3, October 2022, Page 167-192 PDF (390.42 K) | ||||
Document Type: المقالة الأصلية | ||||
DOI: 10.21608/jsec.2022.260517 | ||||
View on SCiNiTO | ||||
Authors | ||||
Abdallah Sayed Mossalem Ahmed Elshafei1; Rabab Mahmoud Abdou Saad Abdallah2 | ||||
1High Valley Institute for Management, Finance and Information Systems | ||||
2faculty of Management, Economics and Information Systems, Misr University for Science and Technology | ||||
Abstract | ||||
The objective of this research is to study the impact of real interest rate, Net domestic credit and government expenditure changes on the Egyptian economy. Using the Ordinary Least Squares (OLS) method, the results showed that the expansion of domestic debt in Egypt in the period under study (1976-2018) has a positive and significant impact on economic growth. The study recommends that the government should encourage Net Domestic Credit, provided that the funds are used in productive economic means. Net Domestic credit plays an important role in the growth of developed and emerging market economies. | ||||
Keywords | ||||
Real interest rate; Net domestic credit; government expenditure; Egypt | ||||
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