An Empirical Analysis of the Relationship between FDI and Economic Growth in Tanzania 1990-2020
Tanzania, 1990 - 2020
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Reference ID
tza-bm-fegt-1990-2020-v2
Producer(s)
Benedict Huruma Peter Mwakabungu, Jignesh Kauangal
Metadata
Created on
Apr 21, 2022
Last modified
Jun 15, 2023
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1647
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116
Identification
Survey ID Number
tza-bm-fegt-1990-2020-v2
Title
An Empirical Analysis of the Relationship between FDI and Economic Growth in Tanzania 1990-2020
Country
| Name | Country code |
|---|---|
| Tanzania | tza |
Study type
Replication/Reproducibility Data
Abstract
The research examines the causal relationship between FDI inflows and economic growth in Tanzania using time series data from 1990 to 2020. The subset of data used for the publication is produced from OECD and World Bank national accounts data available at: https://data.worldbank.org/indicator/
Trade openness has been included as an intermittent variable leading to a system of tri-variate Granger-causality equations. Using the autoregressive distributed lag (ARDL) bounds testing approach, the results show that there is a unidirectional causal flow running from FDI to economic growth in Tanzania irrespective of the timeframe. These results support the FDI-led growth hypothesis and have implications for policy, practice, theory, and research related to the economic growth of Tanzania to support the country's industrialization in the COVID-19 pandemic response and recovery period.
Trade openness has been included as an intermittent variable leading to a system of tri-variate Granger-causality equations. Using the autoregressive distributed lag (ARDL) bounds testing approach, the results show that there is a unidirectional causal flow running from FDI to economic growth in Tanzania irrespective of the timeframe. These results support the FDI-led growth hypothesis and have implications for policy, practice, theory, and research related to the economic growth of Tanzania to support the country's industrialization in the COVID-19 pandemic response and recovery period.
Kind of Data
Time-Series
Version
Version Description
v2: Edited, anonymised data for public distribution
Version Date
2022-08-21
Version Notes
Version 1 covered data from 1991-20191. Version 2 includes data from 1990-2020.
Scope
Notes
Data used for the research includes GDP growth (Annual %), Net FDI inflows (% of GDP), Financial Development (% of GDP) and Trade as the sum of exports and imports / Real GDP) (Measured as GDP by expenditure, at constant 2015 prices in USD)
Producers and sponsors
Primary investigators
| Name | Affiliation |
|---|---|
| Benedict Huruma Peter Mwakabungu | College of Business Education, Dodoma, Tanzania |
| Jignesh Kauangal | Shree Narayana College of Commerce, Ahmedabad, India |
Data Collection
Dates of Data Collection
| Start | End | Cycle |
|---|---|---|
| 1990 | 2020 | Time-Series |
Data Collection Mode
Other
Data Collection Notes
The dataset was created from economic time-series data publicly available from the websites of the World Bank and United Nations Statistics Division
Access policy
Contacts
| Name | Affiliation | URL | |
|---|---|---|---|
| DataFirst Support | University of Cape Town | support@data1st.org | www.support.data1st.org |
Access conditions
Public access data for use under a Creative Commons CC-BY (Attribution-only) License
Citation requirements
Mwakabungu, B.H.P and Kauangal, J. 2022. FDI and economic growth in Tanzania 1990-2020 [dataset]. version 2. Dodoma and Ahmedabad: Mwakabungu and Kauangal [producers], 2022. Cape Town: DataFirst [distributor], 2022. DOI: https://doi.org/10.25828/XVVF-W006
Access authority
| Name | Affiliation | URL | |
|---|---|---|---|
| DataFirst | University of Cape Town | support@data1st.org | support.data1st.org |
Metadata production
Producers
| Name | Affiliation | Role |
|---|---|---|
| DataFirst | University of Cape Town | Metadata producer |
Date of Metadata Production
2022-08-24
DDI Document version
v4