Appraisal of the control of industrial policies to the digital economy: proof from Tanzania
Corresponding Author(s) : NUHU A. SANSA
American Journal of Economics and Business Management,
Vol. 3 No. 1 (2020): AJEBM
Abstract
Recent in Tanzania evidence show that the rapid technology advancement resulted to the high and significant contribution to the Gross domestic product and economic development. Allude to that fact, the interrogation of policy infrastructure particularly industrial policies to pilot the digital economy is inescapable. The contemporary study is determined to explore the control of industrial policies to the digital economy specifically macroeconomic digital variables employed by the study (Information and Technology Gross Domestic Product and Population Using Internet) during the period from 2010 to 2017 in Tanzania. With respect to that, simple regression model is applied to inquire into the control of industrial policies to the digital economy in Tanzania during the period from 2010 to 2017. Ascribable to the sparseness of data, the only data accessible for the study during the period from 2010 to 2017 were gathered from the World Bank and the Bank Of Tanzania Annual Reports. Straight to investigate the control of industrial policies to the digital economy in Tanzania during the period from 2010 to 2017, industrial policies were represented by the economic openness which be positioned independent variable, while Information and Technology Gross Domestic Product and Population Using Internet were dependent variables in the study. The information discovered in the study were in actual fact catching the attention. Information discovered as a result of the exploration shows that the relationship between economic openness and all digital macroeconomic variable applied by the study (Information and Technology Gross Domestic Product and Population Using Internet) is Negative and meaningless.To such a degree industrial policies had no control to the digital economy during the period from 2010 to 2017 in Tanzania.
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References
John (2016). Industry in Tanzania Performance, prospects, and public policy . WIDER Working Paper 2016/5.
U., Lee, S., Fullerton, V., Yusuf, Y., Krantz, S., and Henstridge, M. (2018). Tanzania Case Study: Rapid Technological Change - Challenges and Opportunities Final Report Salam.
Kweka . J. (2018). Monitoring Policies To Support Industrialization In Tanzania. An Update And Policy Recommendation. Supporting Economic Transformation (SET).
Okeleke. K. (2019). Digital transformation in Tanzania The role of mobile technology and impact on development goals. GSMA.
John M. (2016) : Industry in Tanzania: Performance, prospects, and public policy, WIDER Working Paper, No. 2016/5, ISBN 978-92-9256-048-5, The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki, http://dx.doi.org/10.35188/UNU-WIDER/2016/048-5
Darkoh. M.B.K. (1984). Tanzania’s Industrial Development And Planning Experience. Journal Of Eastern African Research and Development.
Mwang’onda.S.E ,Mwaseba.S.L. ,Juma. M. S. (2018). Industrialisation in Tanzania: The Fate of Manufacturing. Sector Lies upon Policies Implementations. International Journal of Business and Economics Research. Vol. 7, No. 3, 2018, pp. 71-78. doi: 10.11648/j.ijber.20180703.14 .
Sheikheldin, Gussai , Diyamett, Bitrina , Makundi, Hezron (2018). Energy policy for industrialization: Tanzania’s big development challenge. Global Development.
Gray. H. (2013). Industrial policy and the political settlement in Tanzania: aspects of continuity and change since independence.