Population and economic growth in Uganda (1994 - 2012)
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Date
2013-06
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Publisher
Kampala International University, College of Economics and Management
Abstract
This research report set out to investigate the relationship between Population and economic growth (measured by GDP) in Uganda (1994-2012). The study employed time series survey data since examined data for a short time. Its objectives were; to establish the trend of Population in Uganda (1994-2012), to establish the trend of GDP growth of Uganda (1994-2012), to investigate the relationship between Population and GDP growth in Uganda (1994-2012). The hypothesis of the study was there is no relationship between Population and GDP growth in Uganda. Time series analysis such Correlation analysis, regression analysis mechanisms were used. The trend of Population and GDP growth showed a general increase respectively. Using the correlation, regression approach, there was a strong positive correlation between Population and GDP growth(r0.943), there was also significant relationship between Population and GDP growth at 0.05 level of significance, stationality was tested and found that both Population and GDP has trend by using ACF and PACF. In conclusion therefore both Population and GDP growth has a general increase; there is a positive relationship between Population and Economic growth in Uganda. It has agreed (Easterlin 1967; Thiriwall 1972; Simon 1992; Kelley and Schmidt 1996; Ahlburg 1 996).The trend in Population implies that high fertility rate low death rate among others.
Description
A Research Report Submitted to the College of Economics and Management Sciences in Partial Fulfillment of the Award of a Bachelor’s Degree in Economics and Applied Statistics of Kampala International University
Keywords
Population, Economic growth, Uganda