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 Periodical article |
 Leiden University catalogue |
 WorldCat |
| Title: | Determinants of manufactured export performance in Namibia |
| Authors: | Kaakunga, Esau Matongela, Albert M. |
| Year: | 2012 |
| Periodical: | Journal for Studies in Humanities and Social Sciences (ISSN 2026-7215) |
| Volume: | 1 |
| Issue: | 2 |
| Pages: | 19-34 |
| Language: | English |
| Geographic term: | Namibia |
| Subjects: | exports industrial products economic policy |
| Abstract: | The key determinants of manufactured exports from Namibia were investigated. Non-mineral exports, particularly manufactured products have improved remarkably during the period under review (from 1970 through 2009), from 15.5 percent in 1990 to 51.6 percent in 2009. Due to the non-stationarity of many macro-economic variables, the Johansen Cointegration Procedure was adopted in this study. It was found that the investment GDP ratio and foreign income had a positive effect on manufactured exports, while the real effective exchange rate and the consumer price index were negatively related to the share of manufactured exports. This implies that exchange appreciation and currency overvaluation exert adverse effects on production for export. Surprisingly, the export processing zones showed an insignificant negative relationship. Hence the recommendation to amend the legislative framework of the export processing zone regime in order to make the zones more competitive. The authors also recommended to review the various investment incentives that are aimed at promoting manufactured exports with the aim of removing some constraints that might hinder companies in realizing full benefits from these regimes. Bibliogr., sum. [ASC Leiden abstract] |