Agriculture and economic growth in Uganda (1990-2014)
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Date
2015-08
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Kampala International University, College of Economics and Management
Abstract
The purpose of the study was to establish the relationship between agriculture and economic growth of Uganda in the period between 1990 and 2015. The objectives of the study were; identifying the trend of agriculture growth, identifying the trend of economic growth of Uganda and establishing the relationship between agriculture and economic growth of Uganda in the period between 1990 and 2013. The study was quantitative. Secondary data for Uganda on
agriculture and economic growth in terms of GDP was used in the study. The data were tested for normality using the Shapiro-Wilk test of normality and multicollinearity using the Variance Inflation Factor (VIF) of the variables used. The study findings revealed that there was an increasing trend of agriculture production of Uganda in the period between 1990 and 2013. The findings further indicated that there was a constant trend of GDP growth of Uganda in the period. Furthermore, that there was a weak contribution of agriculture towards economic growth of Uganda in the same period. The R2 value suggested that agriculture accounted for only 43.2 per cent in the variation of GDP growth of Uganda. The Pearson’s Correlation Coefficient is 0.5686.
This indicates a moderate positive correlation between agriculture and GDP growth rate from 1990 to 2013. The study recommends that effort towards improving agriculture by introducing modern methods of fanning and focusing on the quality of output, transforming the output so as to expand sales to the international markets; specifically focusing on fishing production at a commercial level. This would serve to gain more share of agriculture in contributing to GDP growth of Uganda.
Description
A research report submitted to the college of economics and management sciences in partial fulfillment of the requirement for the award of the Bachelors Degree in Applied Economics and Statistics of Kampala
International University
Keywords
Agriculture, economic growth, Uganda (1990-2014)