Determinants of Export Growth in Uganda (1991-2016)

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ABSTRACT Agriculture in Ugandan, accounts for about half of GDP, it contributes about 85% of exports, and employs 80% of the work force. Statistics show that the value of traditional exports remained minimal compared to the other sectors of the economy. This study examined factors affecting export performance in Uganda between 1991 and 2016. Secondary data were employed using time series to analyze the influence of macroeconomic factors such as Foreign Direct Investment (FDI), Real Exchange Rate (RER) and Terms of Trade (TOT). The study found out that real exchange rate foreign direct investment and terms of trade were significant to export performance. Gross Domestic Product was also found positively related to export growth. However, Inflation Rate was found negatively related to exports. The study concludes that improved export performances for both traditional and nontraditional exports, as well as to diversify export base of the country by formulating good trade policy, attract more Foreign Direct Investment, improve infrastructure and create good business environment. This study also recommended that Uganda’s economy must try to attract more foreign direct investment not only to improve its exports, but also to bring in foreign exchange, capital, technology & other important resources such as market knowledge.

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APA

SALAH, M (2022). Determinants of Export Growth in Uganda (1991-2016). Afribary. Retrieved from https://afribary.com/works/determinants-of-export-growth-in-uganda-1991-2016

MLA 8th

SALAH, MOHAMOUD "Determinants of Export Growth in Uganda (1991-2016)" Afribary. Afribary, 21 Sep. 2022, https://afribary.com/works/determinants-of-export-growth-in-uganda-1991-2016. Accessed 29 Mar. 2024.

MLA7

SALAH, MOHAMOUD . "Determinants of Export Growth in Uganda (1991-2016)". Afribary, Afribary, 21 Sep. 2022. Web. 29 Mar. 2024. < https://afribary.com/works/determinants-of-export-growth-in-uganda-1991-2016 >.

Chicago

SALAH, MOHAMOUD . "Determinants of Export Growth in Uganda (1991-2016)" Afribary (2022). Accessed March 29, 2024. https://afribary.com/works/determinants-of-export-growth-in-uganda-1991-2016