Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/45077 
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dc.contributor.authorNaudé, Wimen
dc.contributor.authorRossouw, Riaanen
dc.date.accessioned2010-02-16-
dc.date.accessioned2011-04-26T07:40:25Z-
dc.date.available2011-04-26T07:40:25Z-
dc.date.issued2008-
dc.identifier.isbn978-92-9230-147-7en
dc.identifier.urihttp://hdl.handle.net/10419/45077-
dc.description.abstractShould developing countries focus on diversifying their export basket or should they instead specialize their exports according to their existing comparative advantage? In this paper we attempt to answer this question by reviewing the literature on export diversification and specialization, by investigating the extent of export diversification and specialization in South Africa over the period 1962-2000 and its relationship to GDP per capita. We use a computable general equilibrium (CGE) model to investigate the economy-wide impacts of greater export diversification versus greater export specialization. We find tentative evidence of a U-shaped relationship between per capita GDP and export specialization. Also, Granger causality test suggests that export diversification induces changes in GDP per capita. Our CGE simulations find that export diversification results in higher GDP growth and employment. The main channel for this observation is that greater export diversification results in a more substantial increase in exports (of between 1.28 and 7.03 per cent) than in the case of greater export specialization. We conclude by discussing some policy implications.en
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Research Paper |x2008/93en
dc.subject.jelF10en
dc.subject.jelF14en
dc.subject.jelO24en
dc.subject.jelO14en
dc.subject.jelO55en
dc.subject.ddc330en
dc.subject.keywordexportsen
dc.subject.keyworddiversificationen
dc.subject.keywordspecializationen
dc.subject.keywordSouth Africaen
dc.subject.keywordgeneral equilibrium modellingen
dc.subject.stwExportdiversifizierungen
dc.subject.stwExporten
dc.subject.stwInternationale Arbeitsteilungen
dc.subject.stwCGE-Modellingen
dc.subject.stwSüdafrikaen
dc.titleExport diversification and specialization in South Africa: Extent and impact-
dc.typeWorking Paperen
dc.identifier.ppn589769979en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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