According toDu Plessis and Smit (2005), South Africa’s economic growth is affected by a lot of factors that include,among others, the role of demand side policy intervention by the government, capital and human accumulation, monetary and fiscal policy and technological chan
e study suggested that the positive relationship that exists between export diversification and economic growth
In thestudy on export diversification and specialisation in South Africa,Matthee and Naudé (2007)
The study employed the OLSregression method with economic growth as a dependent variable. I
measure of export diversification, the authors used four measures of export diversification which included the HI, the absolute index, the Normalised-Hirschmann Index(NHI)and the index that ranks exports in terms of their implied productivity.
n the same note the authors concludedthat export diversification was positively related to real GDP per capita
indication that rich regions exported products that were of better quality.
d be the possible reason why a country with increasing exports may fail to reduce income inequality among districts.
uthors concluded that vertical integration in South Africa was not a significant source of economic growthin the South African context. Horizontal diversification (into manufacturing exports), however, was associated with larger growth
it was not important to merely diversify exports from primary to secondary products, but the typ
and diversity of secondary products produced and exported were also essential for growth
Petersson (2005) concluded that exports diversification have continuously assumed greater significance in the growth of the economy.
looked at export diversification and intra-industry tradein South Africac
in relation to other
SADC countriesand utilised the linear regression method
study observed that manufacturing export
ut were affec
ed by minor short-term fluctuations
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