Browsing by Author "Myovella, Godwin Aloyce"

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    Budget deficit and inflation in Tanzania: ARDL bound test approach
    (Press Academia, 2018) Myovella, Godwin Aloyce; Kisava, Zakayo Samson
    The study aimed at analyzing the existence of the long run relationship between the government budget deficits and inflation in Tanzania. We used annual time series data for the budget deficit and inflation from 1970 to 2015 sourced from International Monetary Fund (IMF) database. Autoregressive Distributed Lag (ARDL) bound test approach Pesaran and Shin (2001) was used. Our results revealed the positive relationship and existence of the long-run relationship between budget deficits and inflation. The coefficient of the speed of adjustment is significant at 5 percent; the whole system can get back to the equilibrium at the speed of adjustment of 72% towards a long run.We suggest the government to adopt measures that would reduce the large budget deficit that has been growing over time. This would be one of the necessary conditions in reducing inflation over time and thereby the high economic growth witnessed can be sustainable.
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    Budget deficit and inflation in Tanzania: ARDL bound test approach
    (Pressacademia, 2018-03-30) Myovella, Godwin Aloyce; Kisava, Zakayo Samson
    The study aimed at analyzing the existence of the long run relationship between the government budget deficits and inflation in Tanzania. We used annual time series data for the budget deficit and inflation from 1970 to 2015 sourced from International Monetary Fund (IMF) database. Autoregressive Distributed Lag (ARDL) bound test approach Pesaran and Shin (2001) was used. Our results revealed the positive relationship and existence of the long-run relationship between budget deficits and inflation. The coefficient of the speed of adjustment is significant at 5 percent; the whole system can get back to the equilibrium at the speed of adjustment of 72% towards a long run. We suggest the government to adopt measures that would reduce the large budget deficit that has been growing over time. This would be one of the necessary conditions in reducing inflation over time and thereby the high economic growth witnessed can be sustainable.
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    Socio-economic factors that determine employment in Tanzania: spatial analysis
    (Macrothink Institute, 2018) Myovella, Godwin Aloyce
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    Socio-economic factors that determine employment in Tanzania: spatial analysis
    (Macrothink Institute, Inc., 2018-01-04) Myovella, Godwin Aloyce
    This paper investigates the socio-economic determinants of Employment in Tanzanian regions. It used the cross-sectional data of 2014 on several variables as this was found to be the most recent dataset in the Tanzania National Bureau of Statistics. Despite the impressive growth rates of 7 percent observed in Tanzania poverty hasn’t been reduced as expected, and employment has been static. The paper applies spatial techniques including spatial lag (SAR), spatial error (SEM) and spatial Durbin models to discover the spatial patterns of employment. SAR model was selected as all the variables, GDP per capita, the number of schools, and health services measured by a number of dispensaries were significant. Also, the direct and indirect effects were conducted and GDP per capita were significant and conforms to the theory. The study concludes that there was some regional dependency on some variables hence spatial approach is appropriate as it avoids biased, inefficient and inconsistent results.