The Impact of Private Sector Performance on Economic Growth in Senegal

Using a time series approach, this thesis investigates the impact of private sector performance on economic growth using Senegal as a case study for a period of 1981 - 2020. Johansen co-integration method reveals the existence of a long run relationship in the variables. The error correction model shows the coefficient of the error correction period, The Error Correction Model (ECM) result indicated that about 4.9% of the disequilibrium inaccuracies accumulated in the earlier period have been corrected in the current period. The estimated long run coefficient implies that domestic credit to the private sector had a statically significant positive effect on economic growth. Keywords: Private Sector Performance, Economic Growth, Time Series Analysis, Johansen Co-integration