Contributions of Agricultural Sub-sectors to Economic Growth in Tanzania Mainland: 2010-2018
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Date
2023-06
Journal Title
Journal ISSN
Volume Title
Publisher
Tanzania Institute of Accountancy
Abstract
The study examined the contributions of agricultural sub-sectors to economic
growth in Tanzania Mainland. The study used quarter-annual time series
secondary data from 2010 to 2018, collected from National Bureau of statistics
(NBS) office. Auto Distributive Lag (ARDL) technique was applied to estimate
the long run dynamics and short run dynamics of the study variables. The
findings revealed to be significant at the 5% level of significance hence giving
strong evidence on the contribution of agricultural sub-sectors to economic
growth in Tanzania Mainland.” Furthermore, the empirical findings of the study
revealed that agricultural sub-sectors (crops, livestock and fisheries), with the
exception of forestry, had positive contributions to economic growth of Tanzania
Mainland in both long run and short run. The study recommends that massive
attention and investments be directed to the agricultural sub-sectors, especially
forestry in order to boost more economic growth of Tanzania.
Description
Keywords
Agricultural Sub-Sectors, Autoregressive Distributed Lag (ARDL) Framework; Economic Growth (GDP) DOI: https://dx.doi.org/10.4314/ajasss.v5i1.4