Ruth Jepchirchir Kiprop

Macroeconomic Drivers of Subnational Debt: Evidence from Kenyan Counties after COVID-19

Ruth Jepchirchir Kiprop, Elijah Ng’eno & Paul Odwori · Asian Journal of Economics, Business and Accounting · 2025

This study examined how economic growth, tax revenue, government expenditure, and corruption levels affect the indebtedness of county governments in post-COVID-19 Kenya. It was based on the theory of debt accumulation and employed a fixed effects regression model. The model's res...