The contribution of tourism to the Ethiopian economy and its impact on the GDP
The contribution of tourism to the Ethiopian economy and its impact on the GDP

Author: Molla Dessie

Publisher: GRIN Verlag

Published: 2020-10-06

Total Pages: 64

ISBN-13: 3346264505

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Bachelor Thesis from the year 2016 in the subject Economics - Case Scenarios, Addis Ababa University, course: economics, language: English, abstract: The main objective of the study is to see overall contribution of tourism to the Ethiopian economy. Specifically: Tourism contribution to the GDP of the country, Tourism contribution to employment, Tourism contribution to foreign exchange generation, To examine the causal effect of tourism on economic growth. Furthermore this research is to investigate the contribution of tourism for the Ethiopian economy over the year 2004-2014 for descriptive and 1991-2014 for econometrics. Graphs, table and, percent and Autoregressive Distributed Lag (ARDL) Approach to Co-integration and Error Correction Model are applied in order to investigate the long-run effect of tourism receipt on economic growth. Specifically this research assessed the impact of tourism on GDP, employment, foreign exchange earnings, and economic growth. The result shows tourism positive contribution to GDP, employment, foreign exchange earnings and stable relationship between tourism receipt and economic growth. The empirical result reveals that tourism receipt found to have positive impact on economic growth. So the government and citizens should strive to improve tourism industry and to generate more income especially foreign exchange. According to WTO, tourism is a combination of activities travelling to and staying in places outside their usual environment for not more than one year for leisure, business and other activities. It is beyond the common perception of tourism as being limited to holiday activity. The WTO further explains that tourism refers to all activities of visitors including both tourist (overnight visitors) and same day visitors. This definition was adopted by UK government and WTO used it since 2004. Tourism developed many years back when people travel from one place to another place for different purpose. Human beings have been active travelers for the purpose of hunting and gathering, herding animals in small groups that provided them with food, skin for cloth and bones for making different tools.

The Oxford Handbook of the Ethiopian Economy
The Oxford Handbook of the Ethiopian Economy

Author: Fantu Cheru

Publisher: Oxford University Press

Published: 2019-01-10

Total Pages: 1000

ISBN-13: 0192546449

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From a war-torn and famine-plagued country at the beginning of the 1990s, Ethiopia is today emerging as one of the fastest-growing economies in Africa. Growth in Ethiopia has surpassed that of every other sub-Saharan country over the past decade and is forecast by the International Monetary Fund to exceed 8 percent over the next two years. The government has set its eyes on transforming the country into a middle-income country by 2025, and into a leading manufacturing hub in Africa. The Oxford Handbook of the Ethiopian Economy studies this country's unique model of development, where the state plays a central role, and where a successful industrialization drive has challenged the long-held erroneous assumption that industrial policy will never work in poor African countries. While much of the volume is focused on post-1991 economic development policy and strategy, the analysis is set against the background of the long history of Ethiopia, and more specifically on the Imperial period that ended in 1974, the socialist development experiment of the Derg regime between 1974 and 1991, and the policies and strategies of the current EPRDF government that assumed power in 1991. Including a range of contributions from both academic and professional standpoints, this volume is a key reference work on the economy of Ethiopia.

Tourism in Africa
Tourism in Africa

Author: Iain Christie

Publisher: World Bank Publications

Published: 2014-06-19

Total Pages: 325

ISBN-13: 1464801975

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This book presents how tourism initiates economic development and how constraints to the growth of tourism in Sub-Saharan Africa can be addressed. With 24 case studies that illustrate tourism development, it reveals that despite destination challenges, the basic elements needed to initialize or intensify success are applicable across the region.

Assessing the total economic value of pastoralism in Ethiopia
Assessing the total economic value of pastoralism in Ethiopia

Author: Soboka Gebisa

Publisher: GRIN Verlag

Published: 2019-05-09

Total Pages: 44

ISBN-13: 366893536X

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Seminar paper from the year 2015 in the subject Agrarian Studies, Dilla University, course: Agricultural Economics, language: English, abstract: Ethiopian Pastoralists make an immense contribution to the national economy despite living in some of the most inhospitable and drought-prone parts of the country. Fundamental misconceptions about the pastoral production system in Ethiopia have led to a general perception among policy makers that pastoral lands are underused and therefore should be developed. Such misperceptions have subjected pastoral communities to political and economic marginalization. These economic misunderstandings have an important impact on the environmental goods and services that pastoralism provides, since they lead to low and misdirected investment, poor service provision and promotion of less sustainable alternatives to pastoralism. This paper will argue that pastoralism contributes significantly to the GDP of Ethiopian economies. This review on the total economic value of pastoralism has two broad objectives: reviewing the economic significance of pastoralism and the direct and indirect economic contribution of pastoralism to the Ethiopian economy. The future of pastoralism is the subject of national and global discussions. The concerns are receiving attention from the scientific community to generate knowledge and share experiences and best practices that may offer solutions for the survival of pastoralism and the millions of people who depend on it.

The Impact of Fiscal Policy Shocks on Ethiopian Economy
The Impact of Fiscal Policy Shocks on Ethiopian Economy

Author: Asmare Workneh Alamrew

Publisher:

Published: 2019-01-10

Total Pages: 84

ISBN-13: 9783668856059

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Master's Thesis from the year 2017 in the subject Economics - Finance, language: English, abstract: Fiscal policy is one of the macroeconomic policies which play a decisive role on economic growth; especially in developing economies which have many economic and social bottlenecks. This study examines the impacts of fiscal policy shock on Ethiopian economy; through applying static compatible general equilibrium (Stage CGE) model which allows quantifying the impacts of fiscal instrument shock on the economy and welfare of households. Fiscal problems like small tax revenue and consistent fiscal deficit put its own major influences on developing economies performance. The study uses 2009/10 Ethiopian SAM as an input for the model and applies three simulation scenarios. In the first simulation, tariff cut affects GDP and household welfare negatively. In the second simulation increasing direct tax has negative impact on total GDP. The other alternative simulation scenario is reducing direct tax and which give a positive change on the total GDP. In general, the government should reduce direct tax to improve economic performance. In addition, liberalizing tariff is not advisable for Ethiopian economy.

Sectoral Analysis of the Impact of Foreign Aid on Economic Growth in Ethiopia
Sectoral Analysis of the Impact of Foreign Aid on Economic Growth in Ethiopia

Author: Fikadu Goshu

Publisher: GRIN Verlag

Published: 2014-10-29

Total Pages: 78

ISBN-13: 3656826226

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Master's Thesis from the year 2014 in the subject Economics - Other, grade: Frst Grade, Wollega University (Business and Economics), course: Development Economics, language: English, abstract: This study has examined sectoral analysis of the impact of foreign aid on aggregate and sectoral economic growth in Ethiopia over the period 1981 to 2012 using multivariate Vector auto regression analysis. All the necessary time series tests such as stationary test, co-integration test, weak exiguity test, vector error correction, and causality test in vector error correction model and the like are conducted. The empirical result from the growth equation shows that aid has a significant positive impact on educational sector GDP in the long run. On the other hand, foreign aid has positive but insignificant impact on real GDP, agriculture GDP, and health sector GDP of Ethiopia. Foreign aid is effective in enhancing growth at aggregate level of the economy in general and education sector of the economy of Ethiopia in particular. The test result of the study result reveals that there is a bi-directional causal relationship between educational GDP and educational foreign aid in Ethiopia. However, the agricultural and health sector does not show any bi-directional causality with their respective sector aid. This implies that all aid allocated for sectors is ineffective all in all in achieving its objectives of economic development. Therefore, aid recipient country like Ethiopia has to work how to enhance the domestic revenue raising capacity of the country which is at the heart of the mechanism to meet the capital required for the economy in times of short falls and ineffectiveness of external resources.

Economic Growth and Development in Ethiopia
Economic Growth and Development in Ethiopia

Author: Almas Heshmati

Publisher: Springer

Published: 2018-06-15

Total Pages: 276

ISBN-13: 9789811081255

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This volume is a collection of selected empirical studies on determinants of economic growth and development in Ethiopia.The core argument for editing this book is to provide an up-to-date picture of the state and patterns of growth and development in Ethiopia. Ethiopia has been under focus in the past due to draughts, war, famine, development changes and the effects of global economic crisis in the country. A main contribution of this volume is that it helps identify selected important determinants of growth and development in Ethiopia and provides an estimation of their effects using up-to-date data, modelling and methods. Taken together the studies provide a comprehensive picture of the state of growth and development, their measurements, causal relationships and evaluation of efficient policies and practices in achieving progress in Ethiopia. The issues covered represent major challenges to the government and development organizations who are aiming at achieving higher growth and alleviating poverty in the country. The studies cover transition from rural agriculture to urban industry and the development of services.

A Profile of the Ethiopian Economy
A Profile of the Ethiopian Economy

Author: Assefa Bequele

Publisher:

Published: 1969

Total Pages: 154

ISBN-13:

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Basic data on the economy of Ethiopia - covers historical and geographical aspects, the population structure, religion, the social structure, the government, agriculture, land ownership, land tenure, the industrial structure, trade, national income and budget, banking, the infrastructure, education, labour force, etc. Map, references and statistical tables.

Tourism Satellite Account: Recommended Methodological Framework
Tourism Satellite Account: Recommended Methodological Framework

Author: OECD

Publisher: OECD Publishing

Published: 2001-06-01

Total Pages: 148

ISBN-13: 9264193634

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Presents a recommended methodological framework for a tourism satellite account for national accounts made by a working group having the participation of the Statistical Office of the European Communities, the Organisation for Economic Cooperation and Development and the World Tourism Organisation.