Observational analysis shows positive contributions of agricultural sub-sectors to economic growth in Tanzania, indicating investment opportunities.
The study examined the contributions of agricultural sub-sectors to economic growth in Tanzania Mainland. The study used quarter-annual time series secondary data from 2010 to 2018, collected from National Bureau of statistics (NBS) office. Auto Distributive Lag (ARDL) technique was applied to estimate the long run dynamics and short run dynamics of the study variables. The findings revealed to be significant at the 5% level of significance hence giving strong evidence on the contribution of agricultural sub-sectors to economic growth in Tanzania Mainland.” Furthermore, the empirical findings of the study revealed that agricultural sub-sectors (crops, livestock and fisheries), with the exception of forestry, had positive contributions to economic growth of Tanzania Mainland in both long run and short run. The study recommends that massive attention and investments be directed to the agricultural sub-sectors, especially forestry in order to boost more economic growth of Tanzania
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Mhagama et al. (2024) studied this question.
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