Technological progress boosts economic growth in Uganda, but productivity may hinder.
The study looked at how technological progress and productivity affected economic growth in Uganda from 1970 to 2020. They used a method called generalized least squares and data from the United Nations. By focusing on factors like output, innovation, capital, and labor, they found that growth in technology, capital, labor, and innovation helped boost the economy. However, increases in capital and labor productivity had negative effects on economic growth during the period studied.