Effects of Technological Progress and Productivity on Economic Growth in Uganda: A Generalized Least Squares Approach

نویسندگان

چکیده

The paper makes use of the generalized least squares method to examine effects technological progress and productivity on economic growth in Uganda during 1970 2020 period. Data employed conducting empirical analyses were collected from United Nations data bank. is based neoclassical model Cobb–Douglas production function with decreasing returns scale because often takes place within feasible region production. Therefore, we focus range diminishing (but non–negative) factors We also some determinants technology (e.g., output, innovation, capital, labor, capital productivity, labor household consumption, investment spending, government exports imports) given important previous research works tended more constant increasing production, but less Yet operates, outside find that increase technology, innovation could have boosted growth, while, had negative consequences Uganda,

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ژورنال

عنوان ژورنال: Arab Economic and Business Journal

سال: 2023

ISSN: ['2214-4625']

DOI: https://doi.org/10.38039/2214-4625.1033