How monetary policy affects industrial activity in Malawi: Evidence from ARDL and VAR models
AbstractIn this paper, the impact of monetary policy on industrial production is investigated for Malawi. Using the ARDL bounds testing approach, and VAR models, it is shown that tight monetary conditions negatively affect industrial production both in the short run and in the long run. This is the...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2023-12-01
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Series: | Cogent Economics & Finance |
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Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2023.2190643 |