EconStor >
United Nations University (UNU) >
World Institute for Development Economics Research (UNU-WIDER), United Nations University >
WIDER Research Papers, United Nations University (UNU) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/45077
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorNaudé, Wimen_US
dc.contributor.authorRossouw, Riaanen_US
dc.date.accessioned2010-02-16en_US
dc.date.accessioned2011-04-26T07:40:25Z-
dc.date.available2011-04-26T07:40:25Z-
dc.date.issued2008en_US
dc.identifier.isbn978-92-9230-147-7en_US
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_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch paper / UNU-WIDER 2008.93en_US
dc.subject.jelF10en_US
dc.subject.jelF14en_US
dc.subject.jelO24en_US
dc.subject.jelO14en_US
dc.subject.jelO55en_US
dc.subject.ddc330en_US
dc.subject.keywordexportsen_US
dc.subject.keyworddiversificationen_US
dc.subject.keywordspecializationen_US
dc.subject.keywordSouth Africaen_US
dc.subject.keywordgeneral equilibrium modellingen_US
dc.subject.stwExportdiversifizierungen_US
dc.subject.stwExporten_US
dc.subject.stwInternationale Arbeitsteilungen_US
dc.subject.stwCGE-Modellingen_US
dc.subject.stwSüdafrikaen_US
dc.titleExport diversification and specialization in South Africa: Extent and impacten_US
dc.typeWorking Paperen_US
dc.identifier.ppn589769979en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

Files in This Item:
File Description SizeFormat
589769979.pdf279.96 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.