This paper presents a detailed description of a macroeconometric model of Tanzania, a small open economy at an early stage of economic development. In this economy, imports are a crucial constraint on sectoral output. Since exports are a main source of finance for imports, the export sector is modelled in some detail. The paper describes the theoretical structure of the model, provides a complete list of equations, and briefly discusses its forecasting properties.

Additional Metadata
Keywords Macroeconomic model, Supply constraints, Tanzania
Persistent URL
Journal Economic Modelling
Lipumba, N. (Nguyuru), Ndulu, B. (Benno), Horton, S. (Sue), & Plourde, A. (1988). A supply constrained macroeconometric model of Tanzania. Economic Modelling, 5(4), 354–376. doi:10.1016/0264-9993(88)90009-0