IMPACT OF INFLATION TARGETING IN SOUTH AFRICA ON PRIVATE SECTOR SPENDING ON CONSTRUCTION

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dc.contributor.authorBabalola, A. J.
dc.date.accessioned2022-09-23T12:08:34Z
dc.date.available2022-09-23T12:08:34Z
dc.date.issued2016
dc.descriptionScholarly Articleen_US
dc.description.abstractThe purpose of this study is to investigate the effects of inflation targeting on the private sector spending on construction in South Africa. The research approach was quantitative and the data were historical, drawn from different data sources such as South African Reserve Bank, Statistic South Africa and Quantec. The data used were private sector spending on construction as the dependent variable while GDP, inflation rate and interest rate were independent variables covering the period between 1984 and 2011. The estimation technique used is the ordinary least squared method. To ensure that the model is robust and alid, diagnostic check such as R-squared; probability ofF-statistics; and normality were carried out. It as discovered that the model is robust, stable and all the independent variables jointly influenced the pendent variable. The study recommended that the monetary policy in South Africa should look into ays of growing the economy so as to make itsustainable, thereby promoting every sector.en_US
dc.identifier.citationBabalola, A. J. (2016). Impact of Inflation Targeting in South Africa on Private Sector Spending in Construction. Journal of Contemporary Issues in Real Estate, Department of Estate, University of Lagos, Nigeria; Vol. 3, No. 1. Pg. 115-121.en_US
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/11539
dc.language.isoenen_US
dc.publisherJClRE, Journal of Department of Estate Management, University of Lagos, Nigeria ..en_US
dc.relation.ispartofseriesJClRE, Journal of Department of Estate Management, University of Lagos, Nigeria ..;
dc.subjectConstruction sectoren_US
dc.subjectEconomy performanceen_US
dc.subjectInflation targetingen_US
dc.subjectPrivate sectoren_US
dc.subjectSouth Africaen_US
dc.subjectResearch Subject Categories::TECHNOLOGYen_US
dc.titleIMPACT OF INFLATION TARGETING IN SOUTH AFRICA ON PRIVATE SECTOR SPENDING ON CONSTRUCTIONen_US
dc.typeArticleen_US
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