Record Details

Determinants of Private Investment in Tanzania

African Journal of Economic Review

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Field Value
 
Title Determinants of Private Investment in Tanzania
 
Creator Michael, IM
Aikaeli, J
 
Subject Private investment, gross fixed capital formation, Tanzania Investment Centre, GDP growth, credit to private sector
 
Description This article investigates the determinants of private investment in Tanzania using Error Correction Model and employing time series data for the period 1975 – 2010. The results show that public investment, GDP growth and credit to private sector are important in explaining growth of private investment but there is no enough evidence that interest rate, exchange rate and degree of openness of the economy have influence on growth of private investment. Policy implications on both fiscal and monetary sides are presented in line with the findings of this article.Key words: Private investment, gross fixed capital formation, Tanzania Investment Centre, GDP growth, credit to private sector
 
Publisher Centre for Economics and Community Economic Development
 
Contributor —
 
Date 2015-04-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/ajer/article/view/116282
 
Source African Journal of Economic Review; Vol 2, No 2 (2014); 39-52
1821-8148
 
Language eng
 
Relation https://www.ajol.info/index.php/ajer/article/view/116282/105802
 
Rights The copyright belongs to: African Journal of Economic Review, Centre for Economics and Community Economic Development, The Open University of Tanzania, P.O.Box 23409, Dar es salaam, Tanzania