An analysis of the performance of the manufacturing sector in Botswana
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Date
2014
Authors
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Publisher
University of Dar es Salaam
Abstract
This study analyses the relationship of Botswana’s manufacturing sector performance and economic growth. The study uses Ordinary Least Squares estimation technique on time series data for the period 1994-2013 at quarterly time series to determine the relationship between manufacturing sector and growth. Important economic activities at 2006 constant prices were used to analyse performance. One of the important findings of the study is that manufacturing plays the highest important role in explaining economic growth in Botswana between 1994 -2013. The results of the regression show that manufacturing is significant in influencing gross domestic product. However, the contribution of mining to GDP is more significant than agriculture and manufacturing as it accounts for approximately one-third of Botswana's GDP but due to the sectors capital intensive nature accounts for less percentage of private sector employment compared to manufacturing sector. It is worth noting that there is a gradual transformation of the economy away from the mining sector in favour of manufacturing, construction and service oriented sectors. This implies that from a policy perspective, effort should focus on outward oriented trade and industrial policies since the initiatives in place are more focused in nurturing citizen involvement in economic activities.
Description
Available in print form, East Africana Collection, Dr. Wilbert Chagula Library, Class mark (THS EAF HD9737.B55K452)
Keywords
Manufactures, Botswana
Citation
Kgathi, K. N. (2014) An analysis of the performance of the manufacturing sector in Botswana,University of Dar es Salaam, Dar es SalaamMaster dissertation,