Record Details

Impact of Export Instability on Economic Growth in Tanzania

Botswana Journal of Economics

View Archive Info
 
 
Field Value
 
Title Impact of Export Instability on Economic Growth in Tanzania
 
Creator Kweka, Godfrey J
Rutasitara, Longinus
 
Description This paper investigates the consequence of export earnings instability on growth in Tanzania. Applying time-series econometric technique on annual data for the period 1968-2008, a long-run relationship between export instability and growth is confirmed to be negative for aggregate exports. However, the relationship is stronger for traditional exports which dominate the export basket. This is consistent with the findings in most commodity-dependent developing countries that export instability is detrimental to economic growth. Reducing export instability is possible through diversification of the export basket and destination markets, with policy attention on resolving constraints to domestic production for exporting and export competitiveness and technological and skills upgrading.Keywords: Tanzania, developing countries, export instability, economic growth, traditional exports, commodity price volatility, export diversificationBotswana Journal of Economics, vol 9 (13) 2012
 
Publisher The Botswana Economics Association
 
Date 2012-11-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Identifier https://www.ajol.info/index.php/boje/article/view/82935
10.4314/boje.v9i13.
 
Source Botswana Journal of Economics; Vol. 9 No. 13 (2012)
1810-0163
1810-0163
 
Language en