Impact of Foreign Aid on Tanzania Economic Growth- Time Series Approach

Authors

  • Abeid Ahmed Ramadhan, Zhi Hong Jian, Yapatake Kossele Thales Pacific 1,2 School of Economics, Huazhong University of Science and Technology, 1037 Luoyu Road, Wuhan, China. 3 University of Yaoundé II-SOA, Cameroon, Institute of Governance, Humanities and Social Sciences

Abstract

This paper analyses the Impact of foreign aid economic growth of Tanzania. The studyusedannual data covering for the period of 1992-2014. Error Correction Model (ECM) was employed to determine the long-run and short-run impact of foreign on economic growth of Tanzania. Moreover, Granger Causality technique was used to examine the relationship between foreign aid and economic growth. The result shows that there is presence of long-run relationship economic growth and explanatory variables associated in the model.  In short-run, we found that foreign aid do not granger cause economic growth. The result advocated that government should seek other forms of foreign aids that is received to promote her economic growth.

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Published

2017-01-07

How to Cite

Yapatake Kossele Thales Pacific, A. A. R. Z. H. J. (2017). Impact of Foreign Aid on Tanzania Economic Growth- Time Series Approach. Academy of Social Science Journal, 1(6). Retrieved from http://innovativejournal.in/index.php/assj/article/view/1983

Issue

Vol. 1 No. 6 (2016): Academy of Social Science Journal

Section

Articles