Economic Complexity and Industrial Policy in Kenya
| dc.contributor.author | Malot, Kenneth | |
| dc.contributor.author | Mutuku, Cyrus | |
| dc.contributor.author | Otindo, Clement | |
| dc.contributor.author | Rand, John | |
| dc.contributor.author | Shibia, Adan | |
| dc.contributor.author | Sørensen, Bjørn Bo | |
| dc.date.accessioned | 2025-02-13T13:27:09Z | |
| dc.date.available | 2025-02-13T13:27:09Z | |
| dc.date.issued | 2025 | |
| dc.description.abstract | Kenya Vision 2030 aims to transform Kenya into a globally competitive economy, but its current export performance constitutes a significant impediment to realizing this objective. By systematically accounting for supply- and demand-side factors, this study identifies new products that can help to diversify and upgrade Kenya’s economy. In a supply-side analysis, we first use economic complexity methods to identify 70 complex target products - primarily in the Machinery & Electronics and Metals sectors - that Kenya can learn to export competitively given the current structure of its economy. In a demand-side analysis, we then use gravity models to predict a high export potential among target products in sectors like Vehicles & Transport Equipment, Machinery & Electronics, Chemicals, and Metals. We predict that many of Kenya's current trade partners could be key importers of the target products, but we also find a high demand in several underexploited markets such as Australia, Canada, Italy, Japan, Nigeria, South Africa, Spain, and Zambia. | |
| dc.identifier.uri | https://publication.aercafricalibrary.org/handle/123456789/3970 | |
| dc.language.iso | en_US | |
| dc.publisher | AERC | |
| dc.relation.ispartofseries | GOK-AERC-UCPH-DERG-006 | |
| dc.title | Economic Complexity and Industrial Policy in Kenya | |
| dc.type | Working Paper |