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assessing the impact of service sector performance to the economic growth in Tanzania,

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Show simple item record MPILIPILI, FESTO 2020-11-16T05:01:45Z 2020-11-16T05:01:45Z 2020
dc.identifier.citation APA en_US
dc.description A Dissertation submitted in partial Fulfillment of the Requirements for the Degree of Master of Science in Accounting and Finance (MSc – A & F) Mzumbe University. en_US
dc.description.abstract The motive of the study was to assess the impact of service sector performance to the economic growth in Tanzania. The specific objectives of this study were to assess the performance of Service Sector, to examine the economic growth and trends, to assess the relationship between service sector performance and economic growth, and to examine the factors affecting service sector performance and Economic Growth in Tanzania. The researcher used secondary data and collected the yearly time series data covering between 1993 and 2019 periods for analysis from International Monetary Fund, World Bank Group and Bank of Tanzania. This research work adopted deductive reasoning in explaining the effect of service industry on economic development. The types of analytical tests performed were; the Stationarity Analysis of the Data, descriptive statistics, the correlation analysis and the ordinary least square regression analysis. The finding of this study indicated that service sector performance has a significant positive effect on GDP per capita, The inflows of FDI and Government Consumption Expenditure have a significant negative impact on service GDP at constant price, trade openness is positively and significantly impacting the service GDP at constant price, Household Final Consumption Expenditure has a positive significant impact on service GDP at constant price. Also the result showed that the inflation rate and FDI inflows have a positive insignificant impact on GDP, household final consumption expenditure has a positive significant impact on GDP, interest rate and trade openness have a negative insignificant impact on GDP, GCE has a negative significant impact on GDP. Finally the study recommends that service sector need to be given proper attention by policy makers which will aim at designing and promoting proper innovation structure that will mainly focus on helping to increase service sector production, government have to formulate and implement properly interest rate policies which are friendly to the investment in order to promote the growth of the economy and also the government should reduce foreign direct investment entry barriers, since FDI help to develop an economy. en_US
dc.language.iso en en_US
dc.publisher Mzumbe University en_US
dc.subject economic growth en_US
dc.title assessing the impact of service sector performance to the economic growth in Tanzania, en_US
dc.type Thesis en_US

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