Master of Economic Policy and Planning - Main Campus

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Browsing Master of Economic Policy and Planning - Main Campus by Subject "Economic growth"

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    Balance of trade and economic growth in Uganda (1984-2014)
    (Kampala International University, 2017-02) Farah, Sid-Omar Osman
    The study was set to investigate the relationship between trade balance and economic growth rate of Uganda from 1984-2014.
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    Economic growth and unemployment in Uganda (1991 - 2014)
    (Kampala International University; College of Higher Degrees and Research, 2016-04) Ahmed, Mohamed E.
    This post-graduate thesis presents a regression analysis of the accumulated empirical evidence on the relationship between economic growth and unemployment in Uganda. Okun’s law emphasis the relationship between economic growth and unemployment stating that there is inverse relationship among economic growth and unemployment. Even so, sometimes both variables move towards same direction meaning an increase of economic growth leads to a rise of unemployment. The researcher employed correlation design with linear regression analysis using Statistical Package for Social Science (SPSS) to analyze the empirical impacts of economic growth on unemployment in Uganda. The data of these both variables were confidential and were taken from the Ugandan Bureau Of Statistics and World Bank as this thesis concerned in Uganda. The result of findings showed that there is weak negative correlation between economic growth and unemployment in Uganda from 1991 to 2014. The analysis displayed that 1% increase of economic growth reduces 2.3% of the unemployment in Uganda which is acceptable according the Okun’s law, saying “ to reduce unemployment in l% point during a year, the economic growth must grow nearly 2% points faster than the rate of growth of potential economic growth over that period. The regression analysis further showed that the null hypothesis was rejected as critical value of F (0.159) is greater than 0.05 of significant level. The researcher recommended according to the findings that Uganda should not emphasize the economic growth more to reduce the unemployment in the country but the other variables (investment, inflation, government policies etc) that affect the unemployment after when research is being done.
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    Economic growth and unemployment in Uganda (1991 — 2014)
    (Kampala International University, College of Economics & management., 2016-04) Ahmed Mohamed, Elmi
    This post-graduate thesis presents a regression analysis of the accumulated empirical evidence on the relationship between economic growth and unemployment in Uganda. Okun’s law emphasis the relationship between economic growth and unemployment stating that there is inverse relationship among economic growth and unemployment. Even so, sometimes both variables move towards same direction meaning an increase of economic growth leads to a rise of unemployment. The researcher employed correlation design with linear regression analysis using Statistical Package for Social Science (SPSS) to analyses the empirical impacts of economic growth on unemployment in Uganda. The data of these both variables were confidential and were taken from the Ugandan Bureau of Statistics and World Bank as this thesis concerned in Uganda. The result of findings showed that there is weak negative correlation between economic growth and unemployment in Uganda from 1991 to 2014. The analysis displayed that 1% increase of economic growth reduces 2.3% of the unemployment in Uganda which is acceptable according the Okun’s law, saying “to reduce unemployment in b/a point during a year, the economic growth must grow nearly 2% points faster than the rate of growth of potential economic growth over that period. The regression analysis further showed that the null hypotheses was rejected as critical value of F (0.159) is greater than 0.05 of significant level. The researcher recommended according to the findings that Uganda should not emphasize the economic growth more to reduce the unemployment in the country but the other variables (investment, inflation, government policies etc) that affect the unemployment after when research being done
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    Economic growth and unemployment in Uganda (1991-2014)
    (Kampala International University,College of Economics and Management, 2016-04) Ahmed, Mohamed; Elmi
    This post-graduate thesis presents a regression analysis of the accumulated empirical evidence on the relationship between economic growth and unemployment In Uganda. Okun’s law emphasis the relationship between economic growth and unemployment stating that there Is Inverse relationshIp among economic growth and unemployment Even so, sometimes both variables move towards same direction meaning an increase of economic growth leads to a rise of unemployment. The researcher employed correlation desIgn with Ilnearregression analysisusing Statistical Package for Social ScIence (SPSS) to analyse the empirical impacts of economic growth on unemployment In Uganda. The data of these both variables were confidential and were taken from the Ugandan Bureau Of Statistics and Woild Bank as this thesis concerned In Uganda. The result of findIngs showed that there is weak negative correlation between economic growth and unemployment In Uganda from 19Ô1 to 2014. The analysis displayed that 1% increase of economic growth reduces 2.3% of the unemployment In Uganda which is acceptable according the Okun’s law, saying “to reduce unemployment In 1% poInt during a year, the economic growth must grow nearly 2% poInts faster than the rate of growth of potential economic growth over that period. The regression analysis further showed thatthe nullhypotheses was rejected as critical value of F (0.159) is greater than 0.05 of significant level. The researcher recommended according to the findings that Uganda should not emphasize the economic growth more to reduce the unemployment In the country but the other variables (investment, Inflation, government polides etc) that affect the unemployment after when research being done.
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    Effect of fiscal policy on economic growth in Uganda (1985-2016)
    (Kampala International University , College Of Economics And Management, 2018-08) Elmi, Mohamed Ahmed
    The purpose of the study was to investigate the effect of fiscal policy on economic growth in Uganda (1985-2016). The study objectives were (i) To determine the effect of government expenditure on economic growth of Uganda (ii) To examine the effect of government tax revenue on the economic growth of Uganda and (iii) To assess the effect of government non tax earning on the economic growth of Uganda. The study was entirely secondary data which was collected from World Bank and OECD and world economic indicators on government expenditure, tax revenue, nontax revenue and economic growth in Uganda shillings (LCU) period of 32 years. The study used time series analysis Ex-post facto design based on quantitative techniques to analyze secondary data scientifically to critically conclude the research objectives. The study conducted a series of tests ranging from unit root test, normality tests, regression analysis and serial tests to establish the status of the variables and also establish the effect of the variables using regression. The study findings indicate that all the coefficient of the Tax revenue significantly correlated to economic growth at 0.001 while public expenditure and non tax revenue was statistically not significant at 5% level of significance in explaining variations in economic growth in Uganda because their p-values 8.17 for public expenditure 0.001 for Tax revenue and 0.802 for Non tax revenue are all less than 0.05. The study concludes that public expenditure was increasing over the period of the study; the results reveal that the public expenditure had a significant effect on economic growth in Uganda. The study concludes that public expenditure needs to be improved for attaining economic growth of Uganda. The study findings on the second objective conclude that tax revenue was increasing over the time and the effect was significant, the study concludes that the tax revue increase lead to generation of values for the economy and need more comprehension for attaining economic growth of Uganda. The study finally established that the non tax revenue earnings had a low effect on the growth in Uganda. The study on overall concludes that fiscal policy had high effect on economic growth Uganda’s economic growth for Uganda from 1985 to 2016. The studies recommend that there is need for government increase in expenditure on social services and rejuvenation of infrastructure. There is need for government policy ensuring quality and sustained growth that can potentially improve the pace of Uganda’s economic advancement. On the second objective tax revenue contributes to improved economic growth. There is need for increasing revenue generation preferably through encouraging investments and supporting the creation of small business that can yield capital in order to generate more tax revenue for economic growth. The third objective recommends that there is need for generation of non tax revenue through improving accessibility to the tourism sector and growth of the tourism sector including gazeting the economic activity that generate the tax. The study contribute to prominent findings from this study is the fact that it has provided evidence to support the Keynesian theory. Indeed, economic growth or GDP can significantly be increased with public expenditure increase and tax revenue. It is now clear that an effective tax regime generates economic growth of a country. This is contrary to common belief that taxes alone cannot generate growth.
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    Foreign direct investment and economic growth in Uganda (1986- 2016)
    (Kampala International University, College of Economics and Management, 2019-04) Keinadid, Mohamed Abdiasis
    Study used multivariate vector auto regressive model (VAR) to investigate the impact of foreign direct investment (FDI) on economic growth, and assess the determinants of FDI inflows in Uganda for the periods between 1986 and 2016. Interpretations of results are based on Granger Causality and innovation accounting (variance decomposition and impulse response functions). The study finds that international capital flows are of great importance in stimulating economic growth in Uganda. Results further revealed that the determinants of economic growth are foreign direct investment(FDI), human capital, infrastructure, trade openness The study detected three different channels through which FDI inflows impacts on economic growth in Uganda. The First one is direct transmissions from FDI to GDP growth. The second channel is indirectly through domestic investments and by multiplier process, higher level of economic growth is generated. The third channel is through exports thereby yielding export-led growth. macro economic stability through proper policies among others all these will attract FDI’s. The government should however put in place measures to limit FDI’s from coming along with experts from their home countries but rather employ the local people this will reduce problems of retrenchment or lay off some workforce that comes along with privatization. This will also will also solve the problem of limited skills and lead to skills improvement among the people as well as reduce unemployment. There is adequately need for an adequate policy on the development and management of the FDIs in order to avoid the negative effect of some trade of FDI nature, regulations and monitoring is adequately needed to ensure proper form of the foreign businesses [n the country together with enhancing the management situation for the management of the business for economic growth.
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    Foreign direct investment and economic growth in Uganda (1986-2016)
    (Kampala International University, 2019-04) Keinadid, Mohamed Abdiasis
    Study used multivariate vector autoregressive model (VAR) to investigate the impact of foreign direct investment (FDI) on economic growth, and assess the determinants of FDI inflows in Uganda for the periods between 1986 and 2016. Interpretations of results are based on Granger-Causality and innovation accounting (variance decomposition and impulse response functions). The study finds that international capital flows are of great importance in stimulating economic growth in Uganda. Results further revealed that the determinants of economic growth are foreign direct investment(FDI), human capital, infrastructure, trade openness The study detected three different channels through which FDI inflows impacts on economic growth in Uganda. The first one is direct transmissions from FDI to GDP growth. The second channel is indirectly through domestic investments and by multiplier process, higher level of economic growth is generated. The third channel is through exports thereby yielding export-led growth. Macroeconomic stability through proper policies among others all these will attract FDI’s. The government should however put in place measures to limit FDI’s from coming along with experts from their home countries but rather employ the local people this will reduce problems of retrenchment or lay off some workforce that comes along with privatization. This will also will also solve the problem of limited skills and lead to skills improvement among the people as well as reduce unemployment. There is adequately need for an adequate policy on the development and management of the FDIs in order to avoid the negative effect of some trade of FDI nature, regulations and monitoring is adequately needed to ensure proper form of the foreign businesses in the country together with enhancing the management situation for the management of the business for economic growth.
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    Infrastructure investment and economic growth in Uganda (1985-2016)
    (Kampala International University, 2018-06) Elmi Mohamed, Mohamed
    The purpose of the study was to establish the effect of infrastructure investment on economic growth of Uganda. The objectives were to examine the effect of health infrastructure investment on economic growth. To examine the effect of road infrastructure investment on economic growth and to establish the effect of educational infrastructure investment on economic growth. The study was conducted based on time series data for the period of 1985-2016, the data was attained was analyzed using different tests among which was the fully modified OLS based on regression. The study findings reveal that health, road and education expenditures had a significant effect on economic growth of Uganda Based on the findings, the study concludes that the infrastructural investments have had a positive effect on economic growth of Uganda from 1985 to 2016. The study results provided that the health infrastructure investments had a significant effect on economic growth of Uganda while road infrastructure had a significant effect, it is concluded that the low level of health investments contribute to economic growth. It is also concluded that the road infrastructure has generated or affected the economy; these could be due to high roads investments in the country. On the third objective the education infrastructure has a low effect on economic growth of Uganda, therefore conclude that the there is low level investments of the health systems through the budgets of the country to enhance the functionality of the country. The study recommend that government need to refocus on investing more in the health systems in order to increase the system functionality and have it vibrant to generate the economic growth improvement for the country, there is need for more concerted efforts in improving the state of the health systems through increasing personnel. There is need for a refocus on the systems of the country to enable it generate values for the economy and enhancing the economic growth for the country. There is need for streamlining the policy on education to make it more skillful so as to encourage job creators for economic development.
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    Private sector development and economic growth in Rwanda
    (Kampala International University, 2017) Ngendahayo, Gatete Gedeon
    The study investigated the impact of private sector development on economic growth in Rwanda
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    Public expenditure and economic growth in Uganda from 1995 - 2014
    (Kampala International University, 2017-02) Saed, Adam Hassan
    This study established the influence of public expenditure on economic growth in growth in Uganda 1995-2014
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    Public expenditure and economic growth in Uganda from 1995-2014
    (Kampala International University. College of Economics and Management, 2017-02) Saed, Adam Hassan
    The main purpose of this study was to establish the influence of public expenditure on economic growth in Uganda from 1995-2014. It was driven by three major objectives; To determine the trend of public expenditure from 1995 -2014; To determine the trend of economic growth from 1995-2014; To establish if there is significant relationship between public expenditure and economic growth from 1995-2014. Using time series data from the World Bank and Uganda bureau of statistics, both correlational and regression analysis statistical tools were applied to investigate and build a model for explaining the variation in economic growth. The Gross Domestic Product (GDP) representing Uganda’s GDP in Nominal terms is considered as the dependent variable in this study. Public expenditure (independent variable) is divided into three different attributes, for instance, public expenditure on consumption, public expenditure on education and public expenditure on health. The data shows that there have been irregular changes in real gross domestic product (RGDP) for years 1995 to 2014 throughout the nineteen year period the study was conducted because the RGDP data registered some random increases and decreases within this time. The data further shows that there has been a rather constant variation in the percentage of public expenditure on health. Analysis of the public expenditure data reveals that public expenditure has registered some slight spikes for the last nineteen years. The data also shows that there has been an irregular and relatively low variation in the percentage of public expenditure on education. The results of the analysis indicate that there exists a negative relationship between Expenditure on health and economic growth the results also show that there is a positive relationship between expenditure on consumption and economic growth. The data also reveals that the three different attributes to expenditure, for instance, expenditure on consumption, health and education explain only 16.96% of the variation in overall government growth. The study thus recommends that if the government is to spur economic progress through public expenditure, then the most appropriate of doing so should be through consumption. Furthermore, the data shows that although public expenditure, best form of government spending to stimulate the economy, is not a very reliable way of increasing economic activity.
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    Public expenditure and economic growth in Uganda from 1995-2014
    (Kampala International University, College of Economics and Management, 2017-02) Hassan, Saed Adam
    The main purpose of this study was to establish the influence of public expenditure on economic growth in Uganda from 1995-2014. It was driven by three major objectives; To determine the trend of public expenditure from 1995 -2014; To determine the trend of economic growth from 1995-2014; To establish if there is significant relationship between public expenditure and economic growth from 1995-2014. Using time series data from the world bank and Uganda bureau of statistics, both correlational and regression analysis statistical tools were applied to investigate and build a model for explaining the variation in economic growth. The Gross Domestic Product (GDP) representing Uganda’s GDP in Nominal terms is considered as the dependent variable in this study. Public expenditure (independent variable) is divided into three different attributes, for instance, public expenditure on consumption, public expenditure on education and public expenditure on health. The data shows that there have been irregular changes in real gross domestic product (RGDP) for years 1995 to 2014 throughout the nineteenyear period the study was conducted because the RGDP data registered some random increases and decreases within this time. The data further shows that there has been a rather constant variation in the percentage of public expenditure on health.Analysis of the public expenditure data reveals that public expenditure has registered some slight spikes for the lastnineteen years. The data also shows that there has been an irregular and relatively low variation in the percentage of public expenditure on education. The results of the analysis indicate that there exists a negative relationship between Expenditure on health and economic growth. the results also show that there is a positive relationship between expenditure on consumption and economic growth. The data also reveals that the three different attributes to expenditure, for instance, expenditure on consumption, health and education explain only 16.96% of the variation in overall government growth. The study thus recommends that if the government is to spur economic progress through public expenditure, then the most appropriate of doing so should be through consumption. Furthermore, the data shows that although public expenditure, best form of government spending to stimulate the economy, is not a very reliable way of increasing economic activity.
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    Remittances and economic growth in Uganda (1993-2017)
    (Kampala International University, 2019-05) Mohamed, Abdirizak Osman
    A booming interest in the topic of Diaspora remittances has developed over the past few years on the part of academics, donors, international financial institutions, commercial banks, money transfer operators, microfinance institutions, and policy makers. The surge of remittances to countries of origin in the last two decades, exceeding aid and foreign direct investment (FDI) to developing countries, has reignited debate on their development potential in receiving countries. Alongside the interest in remittances, there is also growing recognition of the importance of transnational practices in shaping the relationship between remittances and economic growth. The main objective of this study was to examine the relationship between remittances and economic growth in Uganda (1993-2017). Specific objectives: To investigate the long run relationship between remittances on Economic growth in Uganda (1993-2017), To examine the effect of remittances and economic growth in Uganda (1993-2017). The data used was sourced from UN data, Word Bank, BOU for the period 1993 to 2013. Augmented Dickey- Fuller (ADF), Philip-perron (PP) tests were carried out on the variables and were found to non-stationary at level but stationary after first difference, The study employed co-integration to test the long run relationship between remittances and economic growth and regression analysis to examine the effect of remittances on economic growth, and from the discussion of the findings, it can be concluded that the remittances are the among the most significant factors influencing positively the economic growth in Uganda. Since the remittances have positive relationship with economic growth, therefore there is need to optimize the volume of remittances because the country with the high remittance level boosts the economy through domestic saving and in the long run investment and increased positive growth effects of remittances are most likely to occur when remittances are transmitted in formal channels, incentives that make remitting money using formal channels cheaper as compared to the informal ones should be provided.