Appraisal of the control of industrial policies to the digital economy: proof from Tanzania
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"GLOBAL RESEARCH NETWORK" LLC (USA)
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Recent in Tanzania evidence show that the rapid technology advancement resulted to the high and significant contribution to the Gross domestic product and economic development. Allude to that fact, the interrogation of policy infrastructure particularly industrial policies to pilot the digital economy is inescapable. The contemporary study is determined to explore the control of industrial policies to the digital economy specifically macroeconomic digital variables employed by the study (Information and Technology Gross Domestic Product and Population Using Internet) during the period from 2010 to 2017 in Tanzania. With respect to that, simple regression model is applied to inquire into the control of industrial policies to the digital economy in Tanzania during the period from 2010 to 2017. Ascribable to the sparseness of data, the only data accessible for the study during the period from 2010 to 2017 were gathered from the World Bank and the Bank Of Tanzania Annual Reports. Straight to investigate the control of industrial policies to the digital economy in Tanzania during the period from 2010 to 2017, industrial policies were represented by the economic openness which be positioned independent variable, while Information and Technology Gross Domestic Product and Population Using Internet were dependent variables in the study. The information discovered in the study were in actual fact catching the attention. Information discovered as a result of the exploration shows that the relationship between economic openness and all digital macroeconomic variable applied by the study (Information and Technology Gross Domestic Product and Population Using Internet) is Negative and meaningless.To such a degree industrial policies had no control to the digital economy during the period from 2010 to 2017 in Tanzania.
Keywords
Tanzania, Industrial Policies, Digital Economy