EconPapers    
Economics at your fingertips  
 

Investment climate and Trade Margins in Egypt: Which Factors Do Matter?

Nora Aboushady () and Chahir Zaki ()
Additional contact information
Nora Aboushady: Cairo University
Chahir Zaki: Cairo University

Economics Bulletin, 2019, vol. 39, issue 4, 2275-2301

Abstract: In this paper, we explore the nexus between firms' exports performance and components of the investment climate in Egypt. We include a variety of factors affecting investment, such as political and institutional factors, in addition to factors related to physical infrastructure, macroeconomic policies and competition in the market. We do this for the manufacturing sector, using firm-level data from the World Bank Enterprise Survey. We also account for both the extensive and the intensive trade margins. Our results suggest that, in fact, political, macroeconomic, institutional and competition-related factors are the most important impediments that hinder the increase in the modest number of exporters and/or the quantity of exports. While political instability and corruption affect the quantity of exports, tax payments and competition from the informal sector affect the firms' decision to become exporters. Finally, access to finance affects both extensive and intensive trade margins.

Keywords: Investment; Exports; Firm-Level data; Egypt (search for similar items in EconPapers)
JEL-codes: F1 L1 (search for similar items in EconPapers)
Date: 2019-10-13
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2019/Volume39/EB-19-V39-I4-P213.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-19-00666

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

 
Page updated 2019-11-24
Handle: RePEc:ebl:ecbull:eb-19-00666