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Expertise related to UN Sustainable Development Goals
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This dissertation explores three interconnected topics concerning external financing to education for human capital development in Africa, gender productivity differences in farming and effects of education on fertility and labour supply. Chapter 1 provides the overarching introduction for the three individual research studies covered in Chapter... Read more
School: School of Law, Economics and Government
Research type: Doctoral Thesis Issue year: 2022
Author: Nsanja, Lamulo Supervisor(s): Ben Kaluwa , Winfred MasanjalaThis paper uses asset pricing models to analyse whether the nascent Malawi stock exchange exhibits calendar anomalies and whether returns are influenced by factors investigated in mature and more sophisticated markets. The findings are that there exists a positive Tuesday and Thursday day of the week effect on returns at the market level but wit... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2019
Author: Saulosi, Thokozani Maxin Supervisor(s): Ben Kaluwa , Innocent MakutaOver the last decade, the telecommunication industry has been an emerging and important economic sector with immense impacts on the social and economic structures of Malawi. Despite some entry of new providers the industry is still concentrated and there are fears of collusive pricing. This study uses panel data for the period 2004 to 2014 for f... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2017
Author: Wittika, Alan Chimwemwe Supervisor(s): Ben KaluwaThis study sought to establish the impact of interest rate spread on the profitability of commercial banks in Malawi by examining the annual financial reports of eleven banks for a period of twenty one years (1994 to 2014). Malawi’s economy measured by GDP has remained stagnant for the twenty one years while its interest rates have remained high... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2017
Author: Chibwana, Olive Kampira Supervisor(s): Ben KaluwaThe primary objective of the study was twofold: Firstly, to establish the extent to which power outages affect firm’s labour productivity and secondly to establish the extent to which power outages affect firm output in the manufacturing sector in Malawi. Using OLS, the statistical analysis undertaken for this study supports empirical findings t... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2016
Author: Banda, George Oscar Supervisor(s): Ben Kaluwa , Martin PhangaphangaRising oil prices have adverse effects especially to a non-oil producing economy such as Malawi. However, fuel prices in Malawi are relatively stable which implies that they do not give a true reflection of the volatility of oil prices on the international market. This study therefore investigated the pass-through of international oil price shoc... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2016
Author: Mpingasa, Marietta Naomi Supervisor(s): Ben Kaluwa , Winfred MasanjalaSince 2000 the world has seen a resurgence of increasing oil prices which paralleled the 1978 and 1979 world oil price shock which had global repercussions. Several studies have been conducted so as to understand the magnitude of the impact of oil price fluctuation and the channels through which they affect the economy. This paper investigates t... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2014
Author: Mbuzi, Mathias Geofrey Chunga Supervisor(s): Ben KaluwaThis study provides empirical evidence on the existence of a long run equilibrium relationship between the effects of monetary policy on stock market performance in Malawi using the ARDL bounds testing approach to cointegration. The study uses monthly data for the period November, 1996 to April, 2012. The study reveals that in the short run it i... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2013
Author: Kumwenda, Thomson Nelson Supervisor(s): Ben Kaluwa , Ronald ManganiThis study investigated the impact of the universal subsidy program on households in Mwandama millennium villages in the Zomba district of Malawi. This was done by comparing yield before the agriculture intervention and after the intervention. There is a clear yield difference between the before the intervention period and the after the interven... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2011
Author: Mtika, Alick Galimoto Stephens Supervisor(s): Ben KaluwaDespite being preventable and curable, malaria continues to be one of the global leading killer diseases especially amongst young children. Curative as well as preventive measures have been devised and revised but the war against malaria seems far from over. To re-awaken the curative fight and therefore reduce fatality of the disease, a socio ec... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2008
Author: Keijuko T.P. Supervisor(s): Ben Kaluwa , Patrick KambewaThis study examines the causal relationship between Foreign Direct Investment and economic growth in Malawi and how the two interact with trade openness and inflation. The study employs vector auto regression analysis method using time series annual data from 1970 to 2005. The Granger causality tests and innovation accounting were used to invest... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2008
Author: Chauma, Takondwa Christina Supervisor(s): Ben Kaluwa , Exley SilumbuThe study provides an empirical assessment of the determinants of FDI in Malawi. This is coming from the background that previously most studies in Malawi have ignored this issue of FDI. But FDI is increasingly becoming a source of growth and development in the SSA. The study used a time series analysis and OLS technique to obtain the results. T... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2007
Author: Mughandira, Wathando Trevor Supervisor(s): Ben Kaluwa , Winfred MasanjalaThe twin deficits hypothesis mainly states that government budget deficits will cause a trade or current account deficit, which implies that government budget deficits have a negative impact on the current or trade account balance. However; this is not the only theoretically possible relationship between budget deficits and the trade or current... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2007
Author: Nakyambade, Dorothy Supervisor(s): Ben Kaluwa , Exley SilumbuThe study employs multivariate macro-econometric techniques in assessing the credibility of the Malawi Growth and Development Strategy’s (MGDS) implementation plan. The multivariate approach looks at the dynamic relationships over the study period of four macroeconomic variables. Based on the Mundell-Fleming three-sector model, a structural vect... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2007
Author: Chirwa, Themba Gilbert Supervisor(s): Ben Kaluwa , Patrick KambewaThis study seeks to examine the impact of financial development on investment and output in the manufacturing sector of Zimbabwe during the 1965-2003 period. The role of finance in the process of economic growth has been recognized more than a century ago and of late there has been a built up of literature on the same. In promoting investment an... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2007
Author: Chireshe, Jaison Supervisor(s): Ben Kaluwa , Ephraim ChirwaPrivate investment, both domestic and foreign is one of the key players in economic development in Kenya. While developing countries as a whole attracted an annual average of $41 of Foreign Direct Investment( FDI) per capita in the period 1996-2003, Kenya only drew average annual inflows of $1.3 per capita, thereby missing out on the global surg... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2006
Author: Asuna, Monica Marren Supervisor(s): Ben Kaluwa , Winfred MasanjalaThe twin deficits hypothesis asserts that a reduction in the budget deficit causes a reduction in the current account deficit. The Keynesian hypothesis proposes that the causality runs from budget deficits to current account deficits. However; conflicting theories have been proposed, arguing that possibility exists of reverse causality from curr... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2014
Author: Kamwana, Tayamika Thandi Supervisor(s): Ronald Mangani , Ben KaluwaThis study provides empirical evidence on the existence of a long run equilibrium relationship between inflation and its covariates in Malawi using the ARDL bounds testing approach to cointegration. The study uses monthly data for the period January, 2002 to December, 2010 and reveals that money supply, maize prices, industrial production, South... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2012
Author: Maganga, Owen Supervisor(s): Ronald Mangani , Ben KaluwaCultivation of improved varieties is one way of increasing productivity of many crops especially in developing countries where there is pressure of land due to high population growth. Adoption studies have proved to be helpful in giving the picture of the performance of technologies amongst users like farmers and in line with this the study was ... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2012
Author: Kapalasa, Eliya Gideon Supervisor(s): G Kumchulesi , Ben KaluwaMicro and Small Enterprises (MSEs) have been widely recognized for playing significant role in poverty reduction through income generation from sales, job creation at low cost, utilization of locally found resources to add value to agriculture produce, and production of goods and services that meet basic needs of the poor. However, the contribut... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2008
Author: Maoni, Felix Mancin Supervisor(s): Ephraim Chirwa , Ben KaluwaFemale labour supply has been rigorously researched in the literature. In Malawi, however, studies on female labour supply do not exist. The objective of this study is to explore the determinants of farm labour supply of females. The recent IHS survey for 2005 has shown an increase in participation of females in the labour force. In the recent p... Read more
School: School of Education
Research type: Master Thesis Issue year: 2007
Author: Gondwe, Kondwani Victor Supervisor(s): Winfred Masanjala , Ben KaluwaThis study focused on determinants of cigarettes demand in Kenya for the period 1970 to 2005. Myopic addiction model of cigarettes demand was used to capture the addictive nature of cigarettes demand. Ordinary Least Squares (OLS) and Maximum likelihood ARCH (ML-ARCH) estimation methods were used to estimate the long run cointegrating myopic ciga... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2007
Author: Odhiambo, Scholastica Achieng Supervisor(s): Patrick Kambewa , Ben KaluwaBarely five years after its inception, the privatisation programme in Malawi was temporarily suspended in 2001. Government decided to suspend the program after the public questioned the benefits and expressed the fears of the negative impact of privatisation. This study contributes to the few available literature on the impact of privatisation i... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2006
Author: Kanyoma, Edwin Elliya Supervisor(s): Ephraim Chirwa , Ben KaluwaInternational tourism is a fast growing industry generating half a trillion dollars in annual revenues and accounting for almost 10% of total international trade, and almost half of total trade in services. However, it has so far failed to receive the attention it deserves from mainstream economics. This study has investigated the determinants o... Read more
School: School of Law, Economics and Government
Research type: Master Thesis Issue year: 2006
Author: M'madi, Martha Mwapasa Supervisor(s): Patrick Kambewa , Ben KaluwaAwards
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