Analyzing the Drivers of Foreign Direct Investment Inflows and their Impact on Economic Growth in Tanzania

Research article

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Autor principal: Mushi, Hellena Mohamedy and Ahmed, Mumtaz
Formato: Artículo
Lenguaje:inglés
Publicado: New Challenges in Accounting and Finance 2026
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Acceso en línea:https://scholar.mzumbe.ac.tz/handle/123456789/1924
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author Mushi, Hellena Mohamedy and Ahmed, Mumtaz
author_facet Mushi, Hellena Mohamedy and Ahmed, Mumtaz
author_sort Mushi, Hellena Mohamedy and Ahmed, Mumtaz
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spelling ir-:123456789-19242026-06-24T18:49:05Z Analyzing the Drivers of Foreign Direct Investment Inflows and their Impact on Economic Growth in Tanzania Mushi, Hellena Mohamedy and Ahmed, Mumtaz Tanzania Foreign Direct Investment Inflows Economic Growth Research article This paper aims to deepen understanding and knowledge regarding the analyzing the drivers of foreign direct investment inflows and their impact on economic growth in Tanzania. Many developing countries aspire to shift from agriculture-centric economies to achieve sustainable development through industrialization. Realizing this goal, however, has been challenging, prompting an examination of the sixty-year trends and effects of FDI on Tanzania’s industrialization trajectory. This study employs a comprehensive approach utilizing time series models, specifically the Vector Autoregressive (VAR) model and the Error Correction Model (ECM), to analyze the dynamic influence of FDI on economic growth. By forecasting the 33-year trajectory of economic growth and FDI inflows using data from the World Bank spanning 1990 to 2020, this methodological framework aims to provide a nuanced understanding of the FDI- economic growth relationship, contributing valuable insights to the economic development discourse. The study’s results highlight the significant role of FDI in shaping both short- and long-term FDI progress, which is critical to advancing Tanzania’s economic growth. This underscores FDI as a key driver for economic growth by facilitating economic upgrading through FDI. Mzumbe University 2026-01-14T09:09:54Z 2025-04-08 Article APA https://scholar.mzumbe.ac.tz/handle/123456789/1924 en application/pdf New Challenges in Accounting and Finance
spellingShingle Tanzania
Foreign Direct Investment Inflows
Economic Growth
Mushi, Hellena Mohamedy and Ahmed, Mumtaz
Analyzing the Drivers of Foreign Direct Investment Inflows and their Impact on Economic Growth in Tanzania
title Analyzing the Drivers of Foreign Direct Investment Inflows and their Impact on Economic Growth in Tanzania
title_full Analyzing the Drivers of Foreign Direct Investment Inflows and their Impact on Economic Growth in Tanzania
title_fullStr Analyzing the Drivers of Foreign Direct Investment Inflows and their Impact on Economic Growth in Tanzania
title_full_unstemmed Analyzing the Drivers of Foreign Direct Investment Inflows and their Impact on Economic Growth in Tanzania
title_short Analyzing the Drivers of Foreign Direct Investment Inflows and their Impact on Economic Growth in Tanzania
title_sort analyzing the drivers of foreign direct investment inflows and their impact on economic growth in tanzania
topic Tanzania
Foreign Direct Investment Inflows
Economic Growth
url https://scholar.mzumbe.ac.tz/handle/123456789/1924
work_keys_str_mv AT mushihellenamohamedyandahmedmumtaz analyzingthedriversofforeigndirectinvestmentinflowsandtheirimpactoneconomicgrowthintanzania