Investment and economic growth in Uganda
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Date
2011-10
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Publisher
Kampala International University, College of Economics and Management
Abstract
This paper set out to investigate the relationship between Investment and Economic growth in Uganda from 1980 to 2010. The study employed the export facto research design since it basically examined secondary data; it was also a descriptive-correlation since it was interested in examining the relationship between the independent variables and the dependent variable. The Population of this study was the published reports on the variables of the study from 1980 to
2010. The study targeted annual reports by the Uganda Bureau of Statistics (UBOS), Bank of Uganda (BOU), Ministry of Finance Planning and Economic development and Uganda Investment Authority.
The objectives of this study were; to examine the level of investment in Uganda, determine the level of economic growth in
Uganda, and finally it was set to find the relationship between investment and economic growth in the following forms; Public investment and economic growth; Private investment and economic growth, FDI and economic growth from 1980 to 2010. The study found out that the level investment has been increasing since 1980 to 2010 with some seasonal variations. The study also found out that Uganda’s level of economic growth has continuously increased with a positive slope. It found out that Public investment does not have a significant effect on the growth of Uganda’s economy whereas results show that
FDI and private investment have had a significant effect on the growth of Uganda’s economy. The above relationships between Public and FDI were compiled using linear regression models and the relationship between Private investment and economic growth was computed using a nonlinear exponential model.
Description
A Thesis Presented to the School of Postgraduate Studies and Research Kampala International University Kampala, Uganda In Partial Fulfillment of the Requirements for the Degree Master of Arts in Economics
Keywords
Investment, Economic growth, Uganda