Determinants of Uganda’s Export Performance: A Gravity Model Analysis

Henry Tumwebaze

35 citations0/0 files storedInternational Journal of Business and Economics Research

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Global trade and economics Global Trade and Competitiveness Economic and Technological Innovation

Abstract

Exports play an important role in Uganda’s economy, influencing the level of economic growth, employment and the Balance of Payments. Uganda has initiated several trade policy reforms aimed at promoting the export sector. However, Uganda’s share in total world exports is still very low. Given the central role of exports in the economy, it was important to identify the plausible factors affecting export flows between Uganda and its trading partners. Thus, this paper examines the factors affecting Uganda’s exports using an augmented gravity model of trade. The panel dataset used was for the period 1980 to 2012. The results suggest that Uganda’s GDP, importer’s GDP, importer’s GDP per capita, per capita GDP difference between Uganda and its trading partners, real exchange rate, official common language, and contiguity had a positive and statistically significant effect on Uganda’s exports. The study further, shows that the formation of COMESA and EAC had a significant positive effect on Uganda’s exports. On the other hand, Uganda’s GDP per capita and distance between Uganda and its trading partners had a negative effect on Uganda’s export flows. These results are important for trade policy formulation in order to ensure that Uganda’s export potential is exploited so as to enhance economic growth.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 35 citations exist upstream.

References

2003Testing for unit roots in heterogeneous panels 2021Econometric Analysis of Panel Data 1999A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test 1985The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence 2004The local power of some unit root tests for panel data 1964Shaping the World Economy: Suggestions for an International Economic Policy.1964Shaping the World Economy: Suggestions for an International Economic Policy 1987Imperfect competition and international trade: Evidence from fourteen industrial countries

Cited by

2018Analyzing the Export Performance of the Horticultural Sub-Sector in Ethiopia: ARDL Bound Test Cointegration Analysis 2020Determinants of Ethiopian Agricultural Exports: A Dynamic Panel Data Analysis 2020Factors Affecting Manufacturing Exports 2016Factors Influencing the Growth of South Africa’s Agricultural Exports toWorld Markets

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.