DO INVESTMENT AND EXPORT AFFECT ECONOMIC GROWTH? A CASE OF ZANZIBAR

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dc.contributor.authorHAJI, Iddi Salum
dc.date.accessioned2024-04-19T11:50:05Z
dc.date.available2024-04-19T11:50:05Z
dc.date.issued2024-02-28
dc.descriptionThis paper investigated the effect of investment and exports on economic growth in Zanzibar
dc.description.abstractThis paper investigated the effect of investment and exports on economic growth in Zanzibar. The study used secondary data obtained Zanzibar statistical abstracts downloaded from website of the Office of Chief Government Statistician and other resources from different websites, the data covered the period from 2006 to 2020.The data was tested for unit root, cointegration and causality and was found to stationary at the first deference, variables have long run relationship and no bidirectional granger causality running from investment and export to economic. The regression revealed that investment and export have positive and significant effect on economic growth, hence investments and exports have a strong positive relationship with economic growth, the study suggested that the increase in both investments and exports would lead to an increase in economic growth, the regression was also tested for diagnostic and stability tests the results revealed that the there is no serial correlation and the data was normally distributed.
dc.description.sponsorshipIISTE
dc.identifier.issn2222-1700 (Paper) ISSN 2222-2855 (Online)
dc.identifier.urihttps://repository.suza.ac.tz/handle/123456789/250
dc.language.isoen
dc.publisherJournal of Economics and Sustainable Development
dc.relation.ispartofseriesVol.15, No.3, 2024; 2024
dc.titleDO INVESTMENT AND EXPORT AFFECT ECONOMIC GROWTH? A CASE OF ZANZIBAR
dc.typeArticle
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