Infrastructure investment and economic growth in Uganda (1985-2016)

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Date
2018-06
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Publisher
Kampala International University
Abstract
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.
Description
A Research Proposal Submitted to the College of Higher Degrees and research in Partial Fulfillment of the Requirements for the award of the Master Degree of Arts in economics of Kampala International University
Keywords
Infrastructure investment, Economic growth, Uganda
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