Factors Affecting Export Performance of Textile and Garment Industry: The Case of Hawassa & Bole Lemi Industrial Park.
No Thumbnail Available
Date
2022-01-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
A.A.U
Abstract
The objective of this study was to examine the factors Affecting Export Performance of Textile and Garment Industry in Ethiopia by focusing on the industrial parks with regard to Infrastructure, Foreign Direct Investment (FDI), Trade Openness/Market access and Policy and regulatory situation in the import export business. In the study both quantitative and qualitative research design approaches were used. Data were collected from primary sources and secondary sources. The primary data were collected through questionnaire and analyzed by using Statistical Package for the Social Sciences (SPSS) version 20. To achieve the objectives of the study conceptual model was formulated by reviewing previous related literatures. The mean shows that the independent variables have positive and significant effect on the performance of export with mean value of 4.1. Correlation between the independent and dependent variables indicates a degree of less multi-collinearity. According to the findings, Infrastructure, Foreign Direct Investment (FDI), Trade Openness/Market access and Policy and regulatory situation have positive effect on export performance. From all the variables FDI has the highest positive relation on export performance of the garment and textile industry. The qualitative data also supports the result of the quantitative data. Export performance was mainly influenced by FDI and Infrastructure with very high statistical significance. Furthermore, trade openness and policy environment has also significant impact for the growth of textile and garment export. Thus, the research recommends that to improve the textile and garment export, the government need to work on securing dependable market access through WTO rather than AGOA and work hard to attract quality foreign investors in the sector.