Macro Economic Policy Model for Kenya: An Explanatory ManualRepublic of Kenya, Ministry of Finance and Office of the Vice-President and Ministry of Planning and National Development, 1994 - Kenya - 130 pages |
Common terms and phrases
adjusted balance of payments banking system budget capital stock cent constant 1982 prices consumer price index deficit depreciation development expenditure Difference year-to-year change domestic dummy variables economic elasticity employment estimated excluding exogenous explanatory variable export compensation external loans Factor Cost financing fixed investment GDP at Factor GDP deflator Government Fiscal Growth Rate Index of Imports input interest rate Kenya shilling merchandise imports modern sector money multiplier negative coefficient Nominal GDP non-factor services Non-Monetary sector obtained output parastatals percent petroleum products Price Index price of coffee private sector projected public consumption rates and conditions ratio RBAR RBAR² real exchange rate Real Exports real GDP real terms recurrent and development recurrent expenditure regression equations regressor revenue sample period significant simulation SITC Sections SMPL specification t-ratio terms of trade total GDP Treasury bill trend Value Added Tax Value of Exports