International Scholarly Research Notices

Research Article

Effects of the Global Crisis on the Egyptian Textiles and Clothing Sector: A Blessing in Disguise?

Table 8

Sample estimates for production, sales, and exports (2004–2009).


	2004	2005	2006	2007	2008	2009

Level (LE millions) for 265 firms*
Real production	2511	2263	2298	2099	2034	1604
Real sales	1183	1158	1132	1203	1011	854
Real exports	1038	1013	1164	1081	970	755
Growth rate (%)
Real production			2%
Real sales				6%
Real exports			15%

Source: Author’s calculations based on IDSC firm questionnaire data [6]. *Note: these figures are calculated using sampling weights for all surveyed firms after dropping firms with missing observations. Firms that opened up after 2004 are also excluded from the analysis. Figures converted from nominal to real using CPI from world development indicators [15] and IMF financial statistics [16] .