Corti Paul Lakuma

• Research Associate at Economic Policy Research Centre (EPRC)

We examined the impact of COVID-19-induced tax policy adjustments on Uganda’s gross domestic product. The analysis is based on a Structural Vector Autoregressive (SVAR) model of Ugandan quarterly data (2009 to 2021). We find that a one standard deviation positive tax policy shock has a negative effect on Uganda’s GDP. Likewise, a one standard devia...

The East African Community (EAC) States are exporters of mainly primary products, concentrated in the agricultural sector. In 2005, the EAC adopted EAC Custom Union and one of the objectives was to increase the variety and quality of EAC manufactures. As part of the customs union, the EAC partners adopted a Common External Tariff (CET) on commoditi...

This paper seeks to establish the contribution of the Common Market for Eastern and Southern Africa (COMESA) programmes in promoting industrialization. It further seeks to establish the link between industrialization and productivity. The paper uses a gravity model to estimate a cross‐sectional time‐series (panel) dataset for the period 2001–2015....

Abstract This paper draws on data from Uganda’s 2013 World Bank Enterprise Survey (WBES), which comprises data on 762 firms across Uganda to assess the effects of the business environment, with particular interest on the impact of finance on firm growth by focusing on differences across firm size. Unlike past studies, we use firm level data that al...

This study examined the effects of mobile money—a recent innovation in Uganda’s financial-sector landscape—on aggregate economic activity and other macroeconomic variables. We first estimated the long-run mobile-money demand function using vector error correction (VEC) techniques, distinguishing between balances and transfers/transactions. We then...

While Uganda is considered to be at low risk of debt distress, the stagnant tax effort and large planned capital expenditures might significantly alter this position. This paper employs the dynamic stochastic general equilibrium (DSGE) model to examine tax design issues that arise in addressing debt increases. The results suggest that Uganda may im...

While Uganda is considered to be at low risk of debt distress, the stagnant tax effort and large planned capital expenditures might significantly alter this position. This paper employs the dynamic stochastic general equilibrium (DSGE) model to examine tax design issues that arise in addressing debt increases. The results suggest that Uganda may im...

The study utilizes survival analysis methodology to examine unemployment duration in Uganda's five regions. The analysis is developed on a database of cohorts of the Uganda National Household Survey (UNHS) for the year 2005/06 and the Uganda National Panel Survey (UNPS) for the years 2009/10, 2010/11 and 2011/12. This work analyses individuals' fir...

I hypothesize that the merger activities, in the American crude oil industry, in the period 1990–1999 explains the highly concentrated industry in the period 2000–2012. The resulting structural change raises concern about the competitive aspects of the industry. In this study we attempt to capture the extent of market power in the industry using th...