Determinants of clove exports in Zanzibar: Implications for policy

Samwel J. Kabote and Jires Tunguhole

No wp-2022-54, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper analyses factors for the declining trend in clove exports in Zanzibar using time series data that were collected between 1980 and 2020 and analysed using the vector error correction model, complemented with qualitative analysis. Clove production, producer price, world price, gross domestic product, and the exchange rate showed positive statistically significant impacts in the long run at the one per cent level, while foreign direct investment, population growth rate, rainfall, and gross capital formation showed significant negative association. Inflation had no impact.

Keywords: Exports; Vector error correction; Zanzibar (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-dem, nep-int and nep-mac
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2022-54

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