| dc.description.abstract | Since early 1990's, Kenya has implemented a number of trade and fiscal policy reforms that were partly intended to encourage increased export activity by manufacturing firms. This strategy to promote exports was in accordance with the principle that increased exports would enhance overall economic performance. The trade and fiscal policy reforms have been an integral part of Kenya's economic development strategic plan, a key policy instrument to spearhead rapid economic growth. In this paper, the question of the role of EPZ on manufactured exports in Kenya has been investigated.
The study has used OLS technique to determine the level of increase of manufactured exports in Kenya as a result of EPZ investments and EPZ output growth. In line with this study's objective, the key findings are that there is a positive and significant relationship between EPZ output and manufactured exports. Further, there is a positive but insignificant relationship between EPZ investment and manufactured exports. Consequently, any policy measure that can help boost the output level of firms operating under EPZ is expected to go a long way in increasing the level of Kenya's manufactured exports. | en_US |
