Impact of maize, tobacco and cotton exports on economic growth in Zimbabwe from 1985 to 2017
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The main objective of the present analysis is to explore and quantify the impact of maize, cotton and tobacco exports on economic growth in Zimbabwe. The study estimated the impact of maize, tobacco and cotton exports on economic growth in Zimbabwe from 1985 to 2017, employing the ordinary least squares (OLS) technique on time series data using E-views 8 statistical package software. The results of this research have revealed that tobacco and cotton exports had a positive and significant relationship to economic growth trajectory in Zimbabwe and hence recommend that more investment and attention should be directed at tobacco and cotton farming as these have been discovered to have a positive impact in inducing economic growth. Tobacco and cotton products have to be specifically for exports as foreign markets have proved to be sustainable in causing economic growth. Thus according to this study, exports of cash crops will likely induce economic growth while staple cereals like maize need to be kept for domestic consumption.
- Department of Economics