Causality between Manufactured Exports and Economic Growth in Kenya (1990-2023)
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| Format: | Recurso digital |
| Langue: | anglo-saxon (environ 450-1100), ancien anglais |
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2025
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| _version_ | 1866902050919415808 |
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| author | Edwin Omurumba Mkabane Dr. Richard Kiplangat Siele (PhD) Dr. James Onyango (PhD) |
| author_facet | Edwin Omurumba Mkabane Dr. Richard Kiplangat Siele (PhD) Dr. James Onyango (PhD) |
| contents | <p>According to Kenya's Vision 2030, the manufacturing sector is a major engine of economic expansion, yet the sector's contribution to the country's GDP has been below expectations. Manufacturing exports are particularly critical, as they have the potential to drive industrialization, create jobs, and improve Kenya's global competitiveness. Despite this potential, the sector continues to underperform, limiting Kenya’s broader economic ambitions. This study analyzed the influence of manufacturing exports on Kenya's economic growth from 1990 to 2023. Drawing inspiration from China’s manufacturing success, the research assessed whether manufacturing exports could serve as a sustainable growth engine for Kenya. The study utilized annual time series data from the Kenya National Bureau of Statistics and the World Bank, employing an Autoregressive Distributed Lag (ARDL) model to capture both short- and long-term dynamics between manufacturing exports and GDP growth. Key objectives included evaluating the relationship between manufacturing exports and economic performance and exploring the potential for policy reforms to strengthen the sector. The results indicate a statistically significant long-run relationship between manufacturing exports (coefficient = 9.691, p = 0.009) and GDP. However, the impact of manufacturing on growth is delayed, which reflects the time lag required for policy interventions to stimulate economic activity under ELG hypothesis. To attain sustainable growth from manufactured exports, Kenya should strengthen its manufacturing sector through export-oriented policies and address structural constraints such as infrastructure, financing, and trade logistics.</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_15797115 |
| institution | Zenodo |
| language | ang |
| publishDate | 2025 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | Causality between Manufactured Exports and Economic Growth in Kenya (1990-2023) Edwin Omurumba Mkabane Dr. Richard Kiplangat Siele (PhD) Dr. James Onyango (PhD) Manufactured Exports, Economic Growth, Export Led Growth, GDP, Competitiveness, Policy, Export Potential <p>According to Kenya's Vision 2030, the manufacturing sector is a major engine of economic expansion, yet the sector's contribution to the country's GDP has been below expectations. Manufacturing exports are particularly critical, as they have the potential to drive industrialization, create jobs, and improve Kenya's global competitiveness. Despite this potential, the sector continues to underperform, limiting Kenya’s broader economic ambitions. This study analyzed the influence of manufacturing exports on Kenya's economic growth from 1990 to 2023. Drawing inspiration from China’s manufacturing success, the research assessed whether manufacturing exports could serve as a sustainable growth engine for Kenya. The study utilized annual time series data from the Kenya National Bureau of Statistics and the World Bank, employing an Autoregressive Distributed Lag (ARDL) model to capture both short- and long-term dynamics between manufacturing exports and GDP growth. Key objectives included evaluating the relationship between manufacturing exports and economic performance and exploring the potential for policy reforms to strengthen the sector. The results indicate a statistically significant long-run relationship between manufacturing exports (coefficient = 9.691, p = 0.009) and GDP. However, the impact of manufacturing on growth is delayed, which reflects the time lag required for policy interventions to stimulate economic activity under ELG hypothesis. To attain sustainable growth from manufactured exports, Kenya should strengthen its manufacturing sector through export-oriented policies and address structural constraints such as infrastructure, financing, and trade logistics.</p> |
| title | Causality between Manufactured Exports and Economic Growth in Kenya (1990-2023) |
| topic | Manufactured Exports, Economic Growth, Export Led Growth, GDP, Competitiveness, Policy, Export Potential |
| url | https://doi.org/10.5281/zenodo.15797115 |