Imports are fundamental for the survival of a small open economy such as Kenya. Various trade reforms have been implemented to achieve several objectives including raising revenue, maintaining favourable balance of ...

This study investigates the effects of population dynamics as Kenya strives to reap from demographic dividend arising from accelerated economic growth as the population changes. Now, 78 per cent of Kenya’s population is ...

This study addresses the key research question of whether differences in financial development are significantly associated with differences in economic growth for 13 African countries using panel data from 1984 to 2002. ...

This study investigates the effects of integration process, trade and foreign direct investment (FDI) on economic growth of East African Community (EAC) member countries. Using a panel data and a single equation model, ...

This study investigates the determinants of current account balance (CAB) in Kenya using intertemporal approach. By use of time series analytical framework, an error correction model is estimated in order to examine ...

Several studies make different prior assumptions on the magnitude of factor shares and scale of production when accounting for economic growth. The initial Solow estimations, for instance, assumed a capital share of 0.3 ...

Agriculture is the most important sector in the Kenyan economy given its contribution to employment, foreign exchange, food, and its linkages with other sectors of the economy. Indeed, the sector’s performance directly ...

Kenya’s bilateral exports were positively affected by its productive capacity, absorptive capacity of its trading partners, and Kenya’s increased involvement in regional integration. Progression of COMESA from Preferential ...

This study seeks to highlight the levels of income inequality in Kenya and its implications on various policy options targeted at reducing poverty. The 2003 Kenya SAM is used to develop a multiplier simulation model, which ...

Policy makers and development experts in many countries have had to deal with a decision on exactly what sources of economic growth they must target to achieve higher growth rates. Most development practitioners and ...