Record Details

The Effect Of Psychic Distance On Kenyas Export Destinations

International Journal of Management & Information Systems

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Field Value
 
Title The Effect Of Psychic Distance On Kenyas Export Destinations
 
Creator Medinets, Ann
Muchai, Micheni
Odiyo, Martin Ogutu
 
Subject accounting; international trade; organizational structure
Psychic Distance; Growth Strategy; Export Destinations; Internationalization
 
Description Exports can be an important component of the growth strategy for developing countries, and an understanding of export destination choices can help to facilitate that growth. This paper uses the concept of psychic distance to examine Kenyas export pattern to selected markets. Regression analysis indicates that Kenyas total exports are significantly associated with countries that are psychically close (Uganda, Tanzania, and the United Kingdom), but not with countries that are psychically distant (Ethiopia, Egypt, and the United States). Thus, psychic distance explains Kenyas export choices better than geographic distance does. The paper concludes with suggestions about ways that an understanding of psychic distance can help Kenya and other countries that seek to expand their economies through export.
 
Publisher The Clute Institute
 
Date 2011-07-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.cluteinstitute.com/ojs/index.php/IJMIS/article/view/4939
10.19030/ijmis.v13i1.4939
 
Source International Journal of Management & Information Systems (IJMIS); Vol 13 No 1 (2009); 23-34
2157-9628
1546-5748
10.19030/ijmis.v13i1
 
Language eng
 
Relation https://www.cluteinstitute.com/ojs/index.php/IJMIS/article/view/4939/5031