Analysing the Impact of Sudden Capital Inflow Shocks on Kenya's Economic Growth: A Quarterly Time Series Analysis (2008 - 2022)

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Abstract

Economic growth indicates the ability of a country to alleviate the poverty rate, reduce the unemployment rate, attain a surplus in balance of payments, and achieve a sustainable increase in gross domestic product (GDP). To achieve improved and continued growth of the economy in a country, there is a need to consider the stability of macroeconomic factors. Therefore, this study sought to examine the effect of capital inflow shocks on Kenya’s economic growth. The study employed a correlational design using time series quarterly data for a period of fourteen years, spanning from 2008 to 2022. The unit root test realized that capital inflow shock was stationary at levels since p-value

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Analysing the Impact of Sudden Capital Inflow Shocks on Kenya's Economic Growth: A Quarterly Time Series Analysis (2008 - 2022)

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