Determinants of Private Investment in Tanzania

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.


Issue Date:
Jul 01 2014
Publication Type:
Journal Article
ISSN:
1821-8148
Language:
English
Published in:
African Journal of Economic Review, Volume 02, Number 2
Page range:
39-52




 Record created 2017-10-20, last modified 2017-10-20

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