dc.contributor.author | Iraki, X.N. | |
dc.date.accessioned | 2013-09-27T12:59:05Z | |
dc.date.available | 2013-09-27T12:59:05Z | |
dc.date.issued | 2013-08 | |
dc.identifier.citation | DBA, Africa Management Review. August 2013, Vol.3 No.2 Pp. 16-23 | en |
dc.identifier.uri | http://journals.uonbi.ac.ke/damr/article/view/1151 | |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/57181 | |
dc.description | Full Text | en |
dc.description.abstract | Policy makers, academics and practitioners see economic growth as the secret behind
the high standards of living worldwide. The ingredients that go into economic growth
are still being debated, the only reason few countries have sustained long term economic
growth despite all the promises politicians and policy makers make during political
campaign periods or in times of economic crisis. One of the forgotten ingredients into
economic growth is capacity utilization, there is overwhelming evidence that nations
and regions could do more with what they already have if they focused more on
capacity utilization. Even advanced countries like USA have never had a 100 percent
capacity utilization, which operations managers might argue is not always desirable. It
is hypothesized that focusing on capacity utilization might be a better exit strategy out
of poverty than attracting expensive investments and expanding plants. This paper
attempts to unlock the potential of capacity utilization in economic growth and by
extension poverty eradication. The paper while focusing on the USA will draw useful
lessons for East Africa in general. Data is drawn from US economic and business official
reports. To cater for economic crisis, the data is drawn to cover past crises such as the
oil crisis, the Asian crisis and any other event that might have adversely affected the
world or regional economies. Linear regression is used in the analysis to investigate the
drivers of capacity utilization and by extension economic growth. Private investment
and productivity explains growth in capacity utilization in USA. | en |
dc.description.sponsorship | University of Nairobi, DBA_Africa Management Review | en |
dc.language.iso | en | en |
dc.publisher | DBA, Africa Management Review | en |
dc.subject | Capacity | en |
dc.subject | Poverty | en |
dc.subject | Economic growth | en |
dc.subject | Utilization | en |
dc.subject | Trading | en |
dc.title | Capacity Utilization: The Forgotten Secret in Trading Out Poverty | en |
dc.type | Article | en |
local.publisher | School of Business, University of Nairobi | en |