Abstract: The main objective of this study was to examine the effect of real Interest rate on investment level in Rwanda over the period (1998-2016).For long run, Johansen Co-integration test was employed. Whereas, vector error correction model (VECM) was used to find short run association over the period of 1998-2016. The results indicated that there was a long-term relationship association among variables.
Keywords: Investment, Real Interest Rate, Gross Domestic Product, and Rwanda.
Title: The empirical effect of real interest rate on Investment in Rwanda (1998-2016)
Author: NZARAMBA Vedaste, Dr. KASULE Taha Ahmad, Dr. Clement Bula Basuayi
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
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