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An Analysis of the impact of Trade Policy Reform on Economic Growth. A Case Study of Uganda (1987 - 2007)

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List of Text
Page
Advisors Signature page??????????????????.. ii
Abstract????????????????????????.....iii
Acknowledgement?????????????????????.iv
Abbreviations and Acronyms?????????????????v-vi
List of Tables and Figures??????????????????.vii-ix
Chapter 1 - Introduction???????????????????.1-4
1.1 General?????????????????????1-2
1.2 Statement of the hypothesis?????????????2
1.3 Specific Research Objectives????????????..2
1.4 Significance of the Study??????????????3
1.5 Limitations of the Study??????????????..3-4
1.6 Definition of Key Concepts and terms?????????4

Chapter 2 - Background of the research?????????????..5-11
2.1 The Ugandan Economy???????????????5-6
2.2 Trade Policy Reforms???????????????..6-11

Chapter 3- Literature Review?????????????????..12 -19
3.1 Introduction to literature review???????????...12-15
3.2 Empirical review?????????????????..16-19

Chapter 4- Methodology???????????????????.20-22
4.1 Methodology introduced??????????????..20
4.2 Data??????????????????????...20-22

Chapter 5- Research Findings and Discussion???????????..23-29
5.1 Research Findings?????????????????..23
5.2 Empirical results??????????????????.24-25
5.3 Estimation equation using OLS and results????????25-27
5.4 Estimating the Error Correction Model (ECM)??????..27-29

Chapter 6- Conclusion and Policy Implications???????????.30-33
6.1 Conclusion????????????????????...30-31
6.2 Policy Recommendations???????????????31-33

Appendix??????????????????????????.34-43
References?????????????????????????...44


List of Figures

Figure 2.1 Real GDP growth rates (1987 ? 2007) ???????????..7 & 35
Figure 2.2 Uganda?s Commercial Openness Index (COI)????????..8
Figure 2.3 Representation of GDP, Exports and Imports growth rates???...8
Figure 2.4 Percentage growth rates of GDP??????????????9
Figure 2.5 Pie Chart: Uganda?s Percentage Composition of Industrial
Structure in 1990...............................................................................36
Figure 2.6 Pie Chart: Uganda?s Percentage Composition of Industrial
Structure in 2007???????????????????..36
Figure 2.7 Value of Uganda?s Exports of Major Commodities (2003-2007)?41
Figure 2.8 Value of Uganda?s Major Import Products (2003-2007)????..41
Figure 2.9 Interplay between Exports and Imports growth rates?????...42
Figure 5.1 Relationship between GDP and Exports???????????23
Figure 5.2 Relationship between GDP and Imports???????????24
Figure 5.3 Graphical representation of time series data in Natural logarithm.....25
Figure 5.4 Graphical representation of residual????????????...27
Figure 5.5 Map and Geographical Location of Uganda?????????...34






List of Tables

Table 2.1 Uganda?s annual Economic indicators for selected years?????11
Table 2.2 Uganda?s Major Exports in recent years (2003-2007) ??????.37
Table 2.3 Uganda?s Major Exports by Country of Destination ??????....38
Table 2.4 Uganda?s Major Imports by Country of Origin?????????.39
Table 2.5 Uganda?s Major Imports by Product Category?????????..40
Table 2.6 Uganda?s GDP and Trade Statistics?????????????...42
Table 2.7 Summary of Uganda?s Trade Policy Reforms (1987-2007)????..43
Table 3.1 Uganda?s Output multipliers and Economic impact???????.17
Table 5.1 Unit root results????????????????....................24
Table 5.2 Long-run estimation results of cointegration test????????.26
Table 5.3 Residual Unit root results?????????????????..27
Table 5.4 Short-run estimation Output-Error Correction Model (ECM)???...28

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