| dc.description.abstract | The growth of wholesale and retail trade is significant in the development process
and was identified as a contributor to the achievement of Vision 2030 through
job creation. Its growth has been declining over the years constraining its ability
to contribute to job creation and gross domestic product as envisioned by Vision
2030. A key factor that influences growth of the sector is regulatory framework
that has implications on firm performance. This study assesses the effect of
Kenya's regulatory framework on the wholesale and retail trade sector through
growth of its firms. the study objective, the existing regulatory framework for
wholesale and retail trade was reviewed and policy gaps identified. A crosssectional
dataset from the World Bank enterprise survey 2018 was used for
empirical analysis as it contains regulatory variables that influence the growth
of wholesale and retail trade firms. The Tobit model was used for regression
analysis. The study established that business registration regulations, licensing
regulations, firm size, use of mobile money, business having its own website,
membership to trade association and training of employees enhances firms’
ability grow and create jobs. | en |
