Dynamic Impact of Money Supply on Economic Growth in South Africa : an Ardl Approach

  • S. Dingela
  • Published 2017
This study investigates the dynamic impact of broad money supply (m3) on economic growth (GDP) per capita in South Africa using time-series data from 1980 to 2016. The study has employed the autoregressive distributed lag (ARDL)-bounds testing approach to cointegration and error correction model to investigate the impact of m3 on GDP per capita. The model… CONTINUE READING