ABSTRACT The literatures show that, until recently, Tanzania’s poverty indices have been calculated using an income approach only. Therefore, this study aimed at covering the existing gap of measuring poverty in multidimensional way. The main objective of the study was to calculate the multidimensional poverty index of Tanzania. Specifically, the study intended to determine non-monetary deprivation levels in Tanzania; to examine the determinants of multidimensional poverty; and to determin...
ABSTRACT The study analyzed the impact of fiscal and monetary policies on economic growth and stability in Tanzania. The study questioned mechanisms that make one policy more effective than the other and traced efficient way of using these policies; which most prior empirical works did not mention. The study filled this gap in literature by analyzing fiscal adjustments of revenue and spending; comparing effects of money supply and interest rate; and finally deriving an optimal policy – mix...
Abstract: This paper analyses the impacts of indirect tax policy reforms on income distribution and poverty in Tanzania by applying a standard static microsimulation model TAZMOD v1.8. The simulations model two indirect tax reforms involving changes to the excise duty and value-added tax rates on alcoholic beverages and tobacco products, and changes to employers’ and employees’ contributions to the National Health Insurance Fund. The results of the first reform find a positive effect on g...
Abstract This study examines the effect of social capital on willingness to pay (WTP) for health services provided through community based health insurance schemes (Community Health Fund) in Tanzania. The study covered 274 household heads. We use probit regression analysis to model the relationship between the predictors and our outcome variable. Our results have shown that with the exception of religion, all other social capital variables have a positive and significant impact on the WTP fo...
ABSTRACT Maize storage losses are a threat to smallholder farmers in developing countries. In Tanzania, smallholder farmers adopt various storage technologies in storing their maize. Hence, it is crucial to examine effectiveness of each technology adopted in storage loss abatement. Thus, this study aimed to undertake an Economic Analysis of Maize Storage Technologies Adopted by Smallholder Farmers in Kilosa and Kongwa Districts. It specifically focused on identifying various maize storage tec...
Abstract The article analyzes the development of trade relations between Russia and Tanzania in 2010-2017, defining the Tanzania’s contribution to Russia’s foreign trade, the dynamics and commodity structure of mutual export and import of the two countries, the degree of intensity of trade relations, factors hindering the development of trade, and perspective directions of diversification of bilateral trade and economic relations. The assessment of promising sectors of the economy for the...
Abstract This study sets out to investigate the relationship between stock prices and exchange rates in Zambia. The relationship between the two variables is well explained by the portfolio balance and the traditional approaches to exchange rates determination. The portfolio balance explains that stock prices lead exchange rates by affecting investors’ wealth and interest rates in an economy; on the other hand the traditional approach explains that exchange rates leads Stock prices. There ...
Abstract This paper presents an empirical analysis of the related risk and return. This study is helpful to analyse the asymmetric nature of data including the seasonal effect and non-linear properties in risk and return relationship scenario. In this study, monthly data was used regarding stock prices and the NSX local index, Market capitalisation ratios and beta was calculated. The data span of all variables covers the time period from January 2013 to December 2017. Our results show that t...
ABSTRACT The study provides an assessment of the relationship between budget deficit and economic growth in Namibia using time series quarterly secondary data covering the period, 1993 Q4 to 2015, Q4. The study employs the Auto Regressive Distributed Lag (ARDL) bounds test and estimates the coefficients of the variables from the unrestricted error correction model in examining the relationship between budget deficit and economic growth. The KPSS unit root test results show that real GDP, deb...
ABSTRACT The housing sector plays a significant role in the economy. However, house prices are presumed to be more volatile than other goods and services, because of their high demand. This study aimed to conduct an empirical analysis of the determinants of house price volatility in Namibia. Moreover, the direction of causality between house price volatility and the macroeconomic determinants was examined. The ARCH and GARCH models together with the VAR/VECM approaches were used to analyse ...
ABSTRACT The thrust of this study was to estimate the potential output per capita of Zimbabwe using Structural Vector Autoregressive method (SVAR). The study used quarterly data for the period 1990 to 2012 on the following variables: Gross Domestic Product per Capita (GDPC), Consumer Price Index and unemployment rate presented as yet, pt and ut respectively. The long‐run SVAR model estimation was done to show the permanent effect of unemployment, consumer price index and gross domestic pro...
ABSTRACT This thesis uses data from Kenya to contribute to the literature on tobacco and alcohol control policies in low and middle-income countries. The thesis uses the two most recent household and budget surveys (2005/6 and 2015/16), to examine some of the effects of the tobacco and alcohol control policies that were implemented in Kenya between 2005 and 2015. Chapter 2 considers the impact of consumption and taxation of tobacco and alcohol on household spending patterns. An instrumental v...
ABSTRACT Over the years, Namibia has made efforts to promote the agriculture sector in its National Development Plans. The current five-year plan still identifies the agriculture sector with the potential to boost economic growth to address challenges of food security, unemployment and poverty reduction. However, despite these efforts, the sector’s contribution to GDP remains minimal. Even though, economic theory supports the view that agriculture is a pre-requisite to stimulate growth ...
ABSTRACT The study investigated the causal relationship between economic growth and foreign direct investment in Namibia. It used annual secondary time series data covering the period between 1980 and 2016 for the following variables: economic growth, foreign direct investment and manufacturing. The study employed Vector Error Correction (VECM) Model to analyse the data. The time series properties of the data were analysed using Augmented Dickey Fuller (ADF) and Phillips-Perron (PP) unit ...