Trade, Industry and Private Sector DevelopmentThis research focus area addresses development issues from the perspective of the firms and industries that will be integral to the transformation of the economy. The theme has various components, including policy (sectoral development policies, competition, privatization etc.) as well as issues around regulation and the business environment. It also includes trade policy and regional integration. The theme also encompasses specialized industry analysis, e.g. of value chains in agriculture and tourism, although the specific industry focus may change over time. This focus area has three research themes: Trade and regional integration; Economic Sectors; and Productivity, Competitiveness and Innovation.http://knowledge.bidpa.bw:8080/xmlui/handle/123456789/42024-03-29T13:00:56Z2024-03-29T13:00:56ZUnderstanding the Firm-Level Export Diversification Characteristics in BotswanaKebakile, Pinkie Gertrudehttp://knowledge.bidpa.bw:8080/xmlui/handle/123456789/1722023-03-28T13:13:35Z2023-01-01T00:00:00ZUnderstanding the Firm-Level Export Diversification Characteristics in Botswana
Kebakile, Pinkie Gertrude
EXECUTIVE SUMMARY
prerequisite for sustained economic growth in the
country.
• The growth and diversification of Botswana’s
export bundle is undermined by the exporters’
inability to break into new export markets.
• The main policy message is therefore that to
transition from the upper-middle income status to
high-income status by 2036, the country needs to
nurture and develop the multi-product
multi-destination exporters. Targeted interventions
aimed at developing these exporters are therefore
called for.
his Policy Brief unravels interesting insights
pertaining to firm-level export diversification
characteristics in Botswana, which is an
approach that views export diversification at the
micro-level. The following are the key highlights
from the Policy Brief:
• Exporters whose export portfolios are varied
in terms of products and export markets,
commonly referred to as multi-product
multi-destination exporters in the literature
fetch high export values, which is
Policy Brief
2023-01-01T00:00:00ZKey Drivers of Industrial GrowthKhanie, Goitseonehttp://knowledge.bidpa.bw:8080/xmlui/handle/123456789/1622021-09-13T09:30:56Z2020-01-01T00:00:00ZKey Drivers of Industrial Growth
Khanie, Goitseone
manufacturing sector value added as the proxy for industrial growth. It employs the
Autoregressive Distributed Lag (ARDL) cointegration approach using annual time
series data for the period 1983 to 2015. Empirical results show that industrial growth
is driven by financial sector development, human capital development, trade openness
and foreign direct investment. Specifically, domestic credit to the private sector as a
percentage of GDP and secondary school enrolment ratio are found to be significantly
related to manufacturing value added as a percentage of GDP both in the long run and
short run. While the relationship is limited to long run for total trade to GDP, it only
exits in the short run for FDI net inflows. The study therefore recommends that policy
makers should design and ensure proper implementation of financial sector development
strategies that can help ease access to credit for manufacturing enterprises in the country.
There is also a need for a holistic approach in the design and implementation of innovation
and human resource development policies in order to provide a conducive environment
for skills acquisition, innovation and technological advancements in the manufacturing
sector. Trade policies and export promotion strategies should heighten productivity and
value addition in the manufacturing sector, so as to make local firms internationally
competitive. Finally, with regards to FDI, the Government of Botswana should create
an environment that could entice multinationals to invest in the local manufacturing
industry. This, however, should be coupled with protectionist policies to avoid crowding
out local manufacturers and exposing them to foreign competition.
The series comprises of papers which reflect work in progress, which may be of interest
to researchers and policy makers, or of a public education character. Working papers
may already have been published elsewhere or may appear in other publications.
2020-01-01T00:00:00ZThe Impact of Business Regulatory Quality on Private Sector Investment in BotswanaSekakela, Kedibonyehttp://knowledge.bidpa.bw:8080/xmlui/handle/123456789/792021-06-08T09:42:52Z2019-03-01T00:00:00ZThe Impact of Business Regulatory Quality on Private Sector Investment in Botswana
Sekakela, Kedibonye
A market-friendly regulatory environment is key for private sector investment. In this
paper, we examine the impact of business regulatory quality on private sector investment
in Botswana. The paper finds that the business regulatory environment stimulates private
sector investment in the long term and this phenomenon occurs when the quality of
bureaucracy improves, among other factors. Other critical factors affecting private
sector investment examined in this paper include; corporate credit, output and public
infrastructure investment. Private sector investment responds positively to increases
in corporate credit in the short term but not responsive in the long term. Economic
activities support private sector investment positively but weak. On the other hand,
public infrastructure investment crowds in(out) investment in the short and long term
respectively. Policy wise, Botswana should further deepen its efforts towards creating
a market-friendly regulatory environment and also consider how business regulatory
quality interact with other policy variables for better investment and growth outcomes.
2019-03-01T00:00:00ZImpact of Internationalization on Firm Performance in BotswanaKhanie, Goitseonehttp://knowledge.bidpa.bw:8080/xmlui/handle/123456789/782021-06-08T09:39:07Z2018-08-01T00:00:00ZImpact of Internationalization on Firm Performance in Botswana
Khanie, Goitseone
Internationalization can affect a firm’s performance. This study determines how a firm’s
engagement in international business activities affects its performance in Botswana. The
study uses the Ordinary Least Squares method to regress firm performance over the
degree of internationalization index (DOI), a composite variable of export intensity,
import intensity and FDI intensity and control variables, size of the firm and the industry
in which the firm operates. The results show that there is a positive relationship between
firm performance and the degree of internationalization. This implies that among other
growth strategies, internationalization can be considered as an important strategy to
improve firm performance. The policy implication of these results is that efforts should
be made to assist firms to internationalize their operations as a way of improving their
performance.
2018-08-01T00:00:00Z