Impact of Tourism Sector to Economic Growth of Tanzania:A Case Study of Rubondo National Park at Geita Region.

Nyamohanga, Erick (2023) Impact of Tourism Sector to Economic Growth of Tanzania:A Case Study of Rubondo National Park at Geita Region. Masters thesis, The Open University of Tanzania.

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Abstract

The study assesses the impact of tourism sector on economic growth in Tanzania specifically of Rubondo Island national park in Geita region and their relative importance. Annual time series data were employed for the period 2000-2020.Both descriptive statistics and multivariate regression analysis were utilized. Johansen cointegration test revealed that long run relationship exists among the variables and vector error correction mechanism results revealed short-run and long-run causality exists among the variables. The economic growth in Tanzania has increased a great with tourism sector, as a result of which Tanzania employment rate and tax collection rate in tourism sector has increased. The study further showed that; hunting, hotels, animals, horticultural, business around national park, tour guides, petty business, hunting companies, foreign exchange had an impact on the economy. The study concluded that Tanzania economic growth has been contributed by availability of tourists who leads to income generation and provision of employment. It was recommended to harmonise fiscal policy with monetary policy first before effectively linking them to tourism policy. Keywords: Tourism sector, Economic growth, Employment creation, Tax collection

Item Type: Thesis (Masters)
Subjects: 300 Social Sciences > 330 Economics
Divisions: Faculty of Arts and Social Sciences > Centre for Economics and Community Economic Development
Depositing User: Mr Habibu Kazimzuri
Date Deposited: 29 Aug 2024 13:19
Last Modified: 29 Aug 2024 13:19
URI: http://repository.out.ac.tz/id/eprint/4028

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