ASSESSMENT OF THE EXPENDITURE ON ROAD CONSTRUCTION AND ECONOMIC GROWTH IN TANZANIA
Benjamin Tillya
, Dr. cairo Mwaitete , Rev Bikiombe Kachunga
Road, Construction, Expenditure, Economic Growth
The study sought to assess the expenditure on road construction and economic growth in Tanzania. The secondary data were obtained for the period of 31 years (1990-2020). This data was quantified and coded using descriptive and inferential statistics using STATA Version 13. Findings revealed that there is a significant relationship between expenditure on road construction, government spending, industry value-added, foreign direct investment, and economic growth whereby the value of R2 was 64.64 percent, which is a significant level to describe our model. This means that expenditure on road construction, government expenditures, manufacturing value-added, industry value-added, inflation, and foreign direct investment all have an impact on economic development. The entire value of R2 indicates the six independent variables, while with the remaining 35.36 percent explained by other factors hence results indicated that there is an insignificant relationship between Manufacturing Value Added, Inflation and Economic Growth. The researcher recommended that there is a need for the government to ensure the execution of policies that stimulate road construction spending to boost Tanzania's economic growth by providing a price policy, a perfect market, and financing facilities. Either, this study suggests a further in-depth investigation of the impact of road construction expenditure on Tanzanian economic growth.
"ASSESSMENT OF THE EXPENDITURE ON ROAD CONSTRUCTION AND ECONOMIC GROWTH IN TANZANIA", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.7, Issue 10, page no.210 - 216, October-2022, Available :https://ijsdr.org/papers/IJSDR2210036.pdf
Volume 7
Issue 10,
October-2022
Pages : 210 - 216
Paper Reg. ID: IJSDR_201968
Published Paper Id: IJSDR2210036
Downloads: 000347242
Research Area: Transportation Engineering
Country: ARUSHA, ARUSHA, Tanzania, United Republic of
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
