Thesis & Dissertations(Doctoral & Master)
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- ItemEffects of Trade Openness on the Economic Growth of Uganda.(2024) Ayebale, JobEconomic growth plays an important role in improving the quality of life in an economy. This study focuses purposely on examining the effect of Trade Openness on economic growth in Uganda. The study objectives are; to examine the short-run effects of trade openness on the economic growth of Uganda, to examine the long-run effects of trade openness on the economic growth of Uganda, to examine the impact of interest rate on the economic growth of Uganda, to examine the influence of exchange rate on the economic growth of Uganda, and to establish the contribution of Foreign Direct Investment on the economic growth of Uganda. The study adopted a causal research design and used time series of secondary data obtained from World Bank indicators from the period 1986 to 2021. The study variables include trade openness, foreign direct investment, Interest rate, real exchange rate, Inflation, total labor force, capital formation as the independent variable and gross domestic product as the dependent variable. The study uses multivariate time series econometric techniques of the Autoregressive Distributed Lag (ARDL) model as the most reliable and suitable estimation technique because it is suitable for relatively small samples and can be employed, whether the underlying series are integrated of order zero [I(0)], order one [I(1)] or mixed order to examine the effect of the identified determinants on gross domestic product in Uganda for the period under study. This was also subject to a diagnostic tests aimed at verifying the validity of the econometric model estimation results for the period under study. The results show that in the short run Interest rate, Real exchange rate, and Capital formation have a significant negative effect on GDP growth. However, in the long run, the Real exchange rate and total labour force exhibits a positive significant effect on GDP growth, and on the contrary interest rate exhibits a negative significant effect on GDP growth. Finally, using the ARDL Regression consisting of the robust standard error results conclude that depreciation of the foreign currency, total labor force, and capital formation significantly impact positively on Uganda’s GDP and appreciation of the foreign currency brings about a negative effect on the Economic growth whereas Trade openness and FDI exhibit a positive insignificant effect on GDP and then Interest rate together with Inflation exhibit a negative statistically insignificant effect on GDP. Among the recommendations there is a need to expand Uganda’s exports with more emphasis on value addition as a way of exporting products and discourage those that are not value-added as this affects price fluctuation on the international market.
- ItemDeterminants of Electricity Power Losses in Uganda.(2023) Tuhamire, RobertThis study investigates the determinants of electricity power losses in Uganda. Employing the Auto Regressive Distributed Lag (ARDL) approach, the study regressed Non-technical electricity power losses against domestic tariffs, income (measured as GDP per capita) and population growth over a 30-year period using annual data. The study established that in the short run, domestic tariff and income have a negative and significant effect on power losses with the reducing-effect of income spreading across a four-year period. Population growth on the other hand has a positive and significant short run effect on electricity power loss. In the long run, domestic tariff and population growth have positive and significant effects on power losses while the effect of income is not significant. The study therefore recommended that policy makers should strive to raise people’s income because high incomes have an immediate reducing effect on power losses. There should also be direct efforts to regulate and stabilize electricity tariffs and an installation of a clear policy on population growth in Uganda in order to sustain electricity supply in the long run.
- ItemEconomic Growth, Urbanization, Electricity Prices and Electricity Consumption in Uganda.(2023) Mwesigwa, NoaThe Study examines the long-run relationship between economic growth, urbanization and electricity consumption in Uganda while controlling for electricity tariffs. The Study used quarterly time series data from the Electricity Regulatory Authority of Uganda and the World Bank. The Study tests for the unit root and cointegration using Augmented Dickey-Fuller and Johansen cointegration respectively. The existence of a long-run relationship allowed the Study to examine the existence of the series under investigation using vector error correction causality/block exogeneity Wald tests. The Study results show population, urbanization and economic growth have a positive and significant long-run effect on electricity consumption while electricity tariff has a negative and significant effect on electricity consumption. The Study, therefore, recommends that the government through Electricity Regulatory Authority should strive to make electricity affordable by lowing tariffs and allowing the provision for load shifting at peak to off-peak hours by domestic consumers, manufacturers and local small businesses. The Study further recommends that government should boost the purchasing power for both rural and urban people through creating self-help projects and cheap financial credits for capital development.
- ItemForeign Direct Investment Inflows, Volatility and Economic Growth in Uganda.(2023) Natukunda, LillianThis study aimed at examining the effect of FDI inflows and FDI-inflow volatility on economic growth in Uganda. Although Uganda has targeted annual growth of about 8% per year over a thirty year period to become a modern state, GDP growth has annually remained below target. This is despite the liberalised investment climate. The study thus set out to establish how FDI inflows and FDI-inflow volatility affected growth in the country. Time series data for the period 1991-2020 are used in the analysis. The empirical model is estimated by the method of Auto Regressive Distributed Lag (ARDL). Results show that FDI inflows have a positive and significant effect on Uganda’s GDP both in the short run and in the long run whereas volatility positively affected GDP in the short run but with a negative long run effect. The study thus recommends broadening of FDI inflows as well as streamlining of the investment code to reduce FDI volatilities.
- ItemAssessment of Job Expectations of the Millennial Employees at National Water-Kampala Head Office, Uganda.(2023) Nassuna, Brenda MiiroThe millennial generation is a demographic group (aged 25 to 35 years) that has recently completed higher education and is now entering or has just entered the labor force (Shih & Allen, 2007). Millennials expect compensation, job security, professional development, fair treatment, working conditions, training, and promotions that may be direct or indirect. Millennials' job expectations tend to be higher given their high levels of optimism regarding employment opportunities in the market (Josiam et al., 2009). Millennials might seek a range of benefits for their work, such as higher status, money, or the use of their skills (Conway & Coyle-Shapiro, 2012). Leaders of companies may create job offerings and workplace environments that are attractive to Millennials by understanding their job expectations. The millennial generation is becoming a bigger part of the workforce but has unique job expectations (Shaw & Fairhurst, 2008), which organizations need to address in order to enhance the expectations of millennials. Millennial employees tend to associate expectations with job content, career development, training, financial rewards, and job security (De Hauw & De Vos, 2010). If the workplace environment does not meet an employee‘s expectations, the employer faces the risk of losing that employee. The money invested in initial recruiting and training is lost when an employee leaves the company (Palanski, Avey, & Jiraporn, 2013).