Open AccessA Quantitative Analysis For The Tanzania Industries Performance And Productivity
Author(s) -
Nuhu A. Sansa
Publication year - 2020
Publication title -
journal of science, computing and engineering research
Language(s) - English
Resource type - Journals
ISSN - 2708-1079
DOI - 10.46379/jscer.2020.010203
Subject(s) - tanzania , productivity , gross domestic product , economics , ordinary least squares , marginal product , agricultural economics , labour economics , economic growth , production (economics) , econometrics , macroeconomics , socioeconomics
Literature evidence manifests that the Tanzania manufacturing sector’s contributionto the economic development is inadequate and the targeted performance and productivity of thesector were never realized. With that regard the fundamental question for Tanzania Industriesperformance and productivity becomes the centred debate and significant for the investigation.This study focuses on investigating the performance of the industries and the labour forceproductivity during the period from 1996 to 2015 in Tanzania. The study considers employingthe Ordinary Least Square (OLS) method to analyze the average annual growth rates of the totalGross Domestic Product (GDP), employment and export during the period from 1996 to 2015.Time series macroeconomic data during the period from 1996 to 2015 for Tanzania werecollected from the World Bank. To assess the performance of the Tanzania industries particularlythe annual average marginal performance, the Gross Domestic Product (GDP) and the export’syearly average growth rate for the periodic 1996-2000, 2001-2005, 2006-2010, and 2011-2015were evaluated. While investigating the labour force productivity the extra productivity of theemployment labour force was evaluated during the period from 1996 to 2015 in Tanzania. Theresults of the investigatigation were in actual fact catching up the attention. The findings of thestudy reveals that the performance of the Tanzania industries is positive and meaningful whilethe labour force productivity is negative and insignificant during the period from 1996 to 2015 inTanzania.