The Nexus between Export and Economic Growth in Tanzania

Dimoso, Romanus Lucian; Utonga, Dickson

doi:10.22158/ibes.v1n2p95

Cited by 3 publications

(3 citation statements)

References 4 publications

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“…These insights have shown that economic growth promotes expansion of exports in Luxembourg and Iceland. These results are in line with other previous investigations by Mishra (2011), Tekin (2012, Abbas (2012), andDimonso andUtonga (2019). This means that a growing economy spurs exporting of goods and services more than exports manage to stimulate economic growth.…”

Section: Discussionsupporting

confidence: 93%

“…The results have suggested that the focus should be on increasing production which, in the long-run, has an impact upon both trade and economic performance. Dimonso and Utonga (2019) have revealed that in the long-run, economic activities impact on exports in Tanzania. Hussaini et al (2015) studied an export-growth nexus in India between 1980 and 2013.…”

Section: Findings Of Recent Investigationsmentioning

confidence: 99%

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Does causality exist between exports and economic development? Evidence from selected EU countries

Dudzevičiūtė¹

2021

Journal of International Studies

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The investigation focuses on the assessment of inter-linkages between exports performance and economic development in selected EU countries, such as Lithuania, Latvia, Estonia, Luxembourg, Denmark, and Iceland. The research covers the period between 1990 and 2019. The author has employed econometric techniques in order to explore inter-linkages between the variables. The correlation analysis has revealed very strong and positive inter-relationships between exports and development in all of the countries under consideration. The Granger causality test has shown evidence of a bidirectional link between exports performance and economic development in Denmark, causality which runs from real GDP per capita to exports per capita in Luxembourg and Iceland, a causal link from exports to development in Latvia, and no causal links between the variables for Lithuania and Estonia. The insights could be useful in terms of the implementation of economic policy aimed at promoting sustainable development in EU countries.

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Section: Discussionsupporting

confidence: 93%

Section: Findings Of Recent Investigationsmentioning

confidence: 99%

Does causality exist between exports and economic development? Evidence from selected EU countries

Dudzevičiūtė¹

2021

Journal of International Studies

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“…In Tanzania Dimoso and Utonga [34] explored the causal relationship between exports and economic growth by analyzing annual time series data from 1980 to 2015. The causality test results showed the existence of causality which runs from economic growth to exports.…”

Section: Literature Reviewmentioning

confidence: 99%

Causality Analysis on Export and Economic Growth Nexus in Ghana

Mensah¹,

Okyere²

2020

OJS

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The study examined the causal relationship between export and economic growth based on monthly data for the period 2010 to 2019. Composite Index Economic Activity (CIEA) was used as a proxy for real GDP (economic growth). Time series econometric techniques were employed to explore long-run and short run relationships as well as the causality between them. The results revealed the existence of long-run relationships; evidence of bi-directional causality and a rapid adjustment to equilibrium between real GDP and exports. Recommendations are that, policy makers should focus on implementing export oriented policies and promote economic growth to achieve sustainable development.

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Exports and economic growth: relationships and threshold analysis for the Southern Africa customs union

Chiwira,

Muchingami,

Jambani

2023

IJRBS

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This study examines the short-run and long-run relationships between exports and economic growth in the Sothern Africa Customs Union (SACU), as well as the corresponding threshold level. The study used panel data covering the period 1980 to 2021 and employed the Autoregressive Distributed Lag (ARDL) Bounds to test for co-integration relationships, and the Generalized Least Squares (GLS) to determine the respective threshold level. Exports positively support economic growth both in the short-run and in the long-run in SACU. There is long-run bidirectional causality between exports and economic growth. The minimum threshold for exports is 59%. That is, exports only start contributing significantly to economic growth when they are above 59% of the Gross Domestic Product (GDP). SACU should put in place economic policies and regulations that are skewed towards the improvement of the competitiveness of its local products on the global market and also strategically consider export-oriented industrialization strategies. Efforts should also be channeled towards the implementation of bilateral and multilateral trade agreements and harnessing the synergic benefits through the adoption of deliberate value chain mechanisms and initiatives.

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The Nexus between Export and Economic Growth in Tanzania

Cited by 3 publications

References 4 publications

Does causality exist between exports and economic development? Evidence from selected EU countries

Does causality exist between exports and economic development? Evidence from selected EU countries

Causality Analysis on Export and Economic Growth Nexus in Ghana

Exports and economic growth: relationships and threshold analysis for the Southern Africa customs union

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