“…They found that capital, labor, real exchange rate, capacity utilization, trade openness ) ( t to and electricity generation, education attainment, inflation rate and trade openness have significant effect on industrial sector growth. Based on Joahansen cointegration and Granger causality results, Mohsen et al, (2015), concluded relevancy of gross fixed capital formation, manufactured exports, population growth rate and agricultural output and oil prices in industrial sector output growth in Syria. While using the panel generalized method of moments Sertic et al, (2015) concluded that domestic demand, industrial production, real effective exchange rate, labor cost and dummy variable for economic crisis i have significant effect on manufacturing industry exports in European Union.…”