Determinants of Export Performance in East Africa Countries
The main objectives of this study are to identify and analyze variables which have impact on export performances of seven East Africa countries and suggest possible solutions to improve export performance in East Africa. Using data from World Development Indicators database we conducted panel data analysis for the period of 1990 - 2014. Empirical results show that labor force, industrialization, foreign direct investment, and exchange rate have positive impact on export value. In the other hand, inflation has negative impact on export performance while GDP growth is the only variable that does not affect the export value of East Africa countries. Finally, we suggest some recommendations, including the need of replacing agricultural exports by the industrial export, improving infrastructural facility as well as the quality of human capital and the need of policies for attracting international investors.
Keywords: Export Performance, East Africa, Panel Data Analysis, International Trade