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article · NG Journal of Social Development

Contribution of the Central Corridor Transport on the Tanzanian Economic Growth

20242 citationsOpen accessMzumbe University

Abstract

This study investigates the influence of intratrade within the Central Corridor, the effect of port cargo volume, and infrastructure expenditures on Tanzania's economy. Using quarterly data from 2001 to 2021 using the Ordinary least squares model, we found a positive relationship between cargo volume and economic growth, as well as a significant positive effect of intra-trade on the economy. However, budgetary infrastructure spending and exchange rates had insignificant impacts. The study suggests that the government should enhance regional business ties, improve port efficiency, and support corridor infrastructure development.

Research topics

  • Transport and Economic Policies
  • China's Global Influence and Migration
  • Global trade and economics

Sustainable Development Goals

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DOI: 10.4314/ngjsd.v13i1.11

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