Abstract
M.Com. (Development Economics)
The study, empirically examines the determinants of total factor productivity in different sectors of the Angolan economy between the period of 1995 and 2017. The Autoregressive Distributed Lag (ARDL) modelling approach was used to investigate the determinants of total factor productivity in different sectors. The motivation behind the thesis was the low and shrinking economic growth that Angola has been facing in recent years. In addition to this, many studies in Africa on determinants of total factor productivity have been done, but the focus of those studies is not Angola. The empirical findings indicate that foreign direct investment is positively and significantly associated with an increase in total factor productivity in all sectors. Moreover, openness of the economy and the exchange rate have a positive impact on total factor productivity in the manufacturing sector whilst having a negative impact on total factor productivity in the primary and service sectors...