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  Authors

Dr. Cairo Paul Mwaitete,Patrick Robert

  Keywords

Granger Causality, Cointegration, Population Growth, Inflation, Economic growth

  Abstract


This study investigates the impact of population growth on economic growth of Tanzania using granger causality and cointegration. Time series data for the period of 1991 to 2019 were used to validate the findings on granger causality and cointegration. Data were obtained from the World Bank, and were processed using Stata software. Vector error correction model was applied to examine the long run and short run causality. The study is of interest that population in Tanzania has been rising steadily, however the same could not be asserted on economic growth as the economy maintained a cyclical growth, therefore making pronouncements that economic growth prospects in Tanzania is a result of its growing population has been a challenge. The study reveals that there is cointegration between population growth, inflation and economic growth. Moreover, in the short run and long run population growth and inflation has causality impact on economic growth. Based on the findings the study recommends that the government should encourage population growth with caution. They have to make sure that the population is well educated to equip them with capability to engage into economic activities through consumption, investment, employment opportunities and exploitation of resources wisely. Furthermore, the government should carefully design a population growth strategy combined with institutional and policy changes to ensure population growth becomes beneficial to the country. On top of that, the government should also ensure that the economy is growing at a higher rate than the growth of population. This will ensure that the increased demand for goods and services generated by population growth is met.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2011146

  Paper ID - 200742

  Author type - Foreign Author

  Page Number(s) - 1179-1195

  Pubished in - Volume 8 | Issue 11 | November 2020

  DOI (Digital Object Identifier) -   

  No Of Downloads - 1464

  Author Country - 00000, Tanzania, Arusha, Arusha, Tanzania, Medical Science

  Publisher Name - IJPUBLICATION | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Published Paper PDF : - http://www.ijcrt.org/papers/IJCRT2011146

  Published Paper URL: : - http://ijcrt.org/viewfull.php?&p_id=IJCRT2011146

  Published Paper PDF Downlaod: - download.php?file=IJCRT2011146

  Cite this article

Dr. Cairo Paul Mwaitete,Patrick Robert,   "IMPACT OF POPULATION GROWTH ON ECONOMIC GROWTH OF TANZANIA ", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.8, Issue 11, pp.1179-1195, November 2020, Available at :http://www.ijcrt.org/papers/IJCRT2011146.pdf

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