School of Economics (SE) Collections

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Now showing 1 - 5 of 509
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    Examining intentions to leave among employees in public organizations: a case study of Uganda Revenue Authority
    (Makerere University, 2025) Namutebi, Dorothy
    The purpose of this study was to examine the factors influencing employees’ intentions to leave public organizations, with the Uganda Revenue Authority (URA) as a case study. The study was guided by four objectives: to assess the level of employees’ intentions to leave, to evaluate the effectiveness of URA’s employee retention strategies, to identify the key factors influencing employees’ intentions to leave, and to propose recommendations for improving retention. A descriptive and cross-sectional research design with a quantitative approach was adopted. The study targeted URA staff within the Kampala Metropolitan Area, and data were collected from 206 respondents out of an intended 300, yielding a 68.7% response rate. The results revealed that the majority of respondents (60.1%) either disagreed or strongly disagreed with statements suggesting they were thinking about leaving URA, indicating generally low turnover intention among employees. Most respondents expressed satisfaction with job security, collegial relations, and organizational reputation, although moderate concerns remained regarding compensation competitiveness, career growth opportunities, and recognition. The findings also showed that while URA has implemented several retention strategies—such as training, staff welfare programs, and performance rewards—their perceived effectiveness was moderate, with employees citing limited communication, slow promotions, and bureaucratic procedures as persistent challenges. Overall, the study concluded that employee turnover intention at URA is relatively low, sustained largely by job security and institutional stability. However, intrinsic job satisfaction, professional growth, and recognition remain key drivers of long-term commitment. The study recommends that URA should strengthen career progression frameworks, enhance recognition systems, improve supervisory support, and maintain an open communication culture to further consolidate employee retention. Future research should explore comparative turnover dynamics across other public sector institutions. Keywords: Employees, Public organizations, Uganda Revenue Authority
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    The impact of domestic credit on Uganda’s export performance
    (Makerere University, 2025-10) Okuma, Isaac
    Uganda has made considerable efforts to promote trade and expand its integration into the global economy; however, the country continues to struggle with a persistent trade deficit, raising concerns about the effectiveness of domestic financial resources in fostering export growth. The motivation for this study, therefore, emerged from the need to examine how domestic credit, particularly credit extended to the private sector, contributes to enhancing export performance, given the central role that access to finance plays in stimulating productive investment. Quantitative research design was employed in this study. The time series data for the period 1960 to 2023 were considered in this study. This data was downloaded from the World Bank development indicator file of the World Bank. The study was guided by the export-led growth model, which suggests that every country’s economic growth is primarily driven by the expansion of its export sector, an idea that gained empirical support through the rapid development observed in East Asian economies such as South Korea, Taiwan, Hong Kong, and Singapore. This study performed the analysis at three levels. Descriptive statistics and normality tests were performed. Also, a pairwise correlation and the variance-covariance matrix plot were estimated. Lastly, the multivariable level comprised the estimation of the VECM model. Before model estimation, the study examined unit root tests, cointegration, and Granger Causality to inform model selection. The findings show that while domestic credit, GDP, and exchange rate appear positively correlated with export performance, the VECM model indicates otherwise. A 1% increase in domestic credit to the private sector reduces exports by about 2%, whereas a higher exchange rate enhances exports by strengthening the Ugandan currency. Additionally, because agriculture contributes 24% of GDP, further GDP growth is linked to slower export performance. The study recommends targeted credit allocation and incentives to promote export participation. Keywords; Domestic credit, Uganda’s export performance
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    The impact of domestic credit on Uganda’s export performance
    (Makerere University, 2025-10) Okuma, Isaac
    Uganda has made considerable efforts to promote trade and expand its integration into the global economy; however, the country continues to struggle with a persistent trade deficit, raising concerns about the effectiveness of domestic financial resources in fostering export growth. The motivation for this study, therefore, emerged from the need to examine how domestic credit, particularly credit extended to the private sector, contributes to enhancing export performance, given the central role that access to finance plays in stimulating productive investment. Quantitative research design was employed in this study. The time series data for the period 1960 to 2023 were considered in this study. This data was downloaded from the World Bank development indicator file of the World Bank. The study was guided by the export-led growth model, which suggests that every country’s economic growth is primarily driven by the expansion of its export sector, an idea that gained empirical support through the rapid development observed in East Asian economies such as South Korea, Taiwan, Hong Kong, and Singapore. This study performed the analysis at three levels. Descriptive statistics and normality tests were performed. Also, a pairwise correlation and the variance-covariance matrix plot were estimated. Lastly, the multivariable level comprised the estimation of the VECM model. Before model estimation, the study examined unit root tests, cointegration, and Granger Causality to inform model selection. The findings show that while domestic credit, GDP, and exchange rate appear positively correlated with export performance, the VECM model indicates otherwise. A 1% increase in domestic credit to the private sector reduces exports by about 2%, whereas a higher exchange rate enhances exports by strengthening the Ugandan currency. Additionally, because agriculture contributes 24% of GDP, further GDP growth is linked to slower export performance. The study recommends targeted credit allocation and incentives to promote export participation. Keywords; Domestic credit, Uganda’s export performance
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    Examining the linear and non-linear effect of financial innovation on economic growth in Uganda
    (Makerere University, 2025) Nakibuuka, Tasha
    Understanding the dynamics between financial innovation and economic growth is crucial for policymakers, financial institutions, and stakeholders to formulate effective strategies that can harness the benefits of financial innovation to drive sustainable economic growth in Uganda. Given that most studies in Uganda only centre at the linear approach to establish the effect of financial innovation on economic growth, this study examines both the linear and nonlinear effects of financial innovations on Uganda’s economic growth. Using quarterly data from 2004 to 2022 and five proxies of financial innovation —Automatic Teller Machines (ATMS) per 100,000 adults, Commercial bank branches, Mobile phone subscriptions as a proxy for mobile money, the ratio of broad money to narrow money, and domestic credit to private sector by banks, the study applies ARDL and NARDL models to assess symmetric and asymmetric effects. The NARDL findings reveal that in the long run, positive changes in ATMS, mobile subscriptions, and domestic credit significantly promote economic growth, while the effects of broad money to narrow money ratio and commercial bank branches are insignificant. The study highlights the need for policies that promote investment in human and physical capital, expand access to credit, and support international trade, while ensuring foreign direct investments aligns with Uganda’s development goals.
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    Effect of exports on economic growth in Uganda
    (Makerere University, 2025-03) Nambooze, Sandra
    This study investigates the relationship between exports and economic growth in Uganda from 1990 to 2023. Given the crucial role of exports in driving economic performance, particularly in developing nations, the research examines both the short-term and long-term effects of export on Uganda’s Gross Domestic Product (GDP). Using the Solow Growth Model as a theoretical framework, the study employs time-series data and econometric modeling techniques, including the Autoregressive Distributed Lag (ARDL) model, to analyze key macroeconomic variables like labor force, capital formation, technology, and exchange rates. The findings reveal a positive long term relationship between exports and gross domestic product (GDP) growth, with a unit increase in exports leading to a 0.446 increase in GDP growth. The study shows a positive relationship between technological advancements, gross capital formation and economic growth, while labour force and exchange rate depreciation have a negative effect on economic growth in the long run. The results provide valuable insights for policymakers aiming to enhance Uganda's export capacity and strengthen its economic resilience including assuring bilateral and multilateral agreements through trade negotiations and agreements to open new markets and lower trade barriers. Furthermore, guarantee infrastructure development, skill development, and training, as well as export financing and credit support to strengthen the competitiveness of export sectors and drive sustainable economic growth. Keywords; Exports, Economic growth, Uganda