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The Implications Of Oecd Growth For South African Exports

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  • L. Rangasamy
  • K. Brick

Abstract

This paper examines the role of OECD growth on South African exports using a vector error correction model. In the long run both OECD growth and the real effective exchange rate were found to influence South Africa's export performance, while in the short run, the real effective exchange rate was found to be an important driver of export growth. The policy implications that emerge from the study underscore the importance of fully exploiting current trading relationships, diversifying South African export destinations and enhancing competitiveness.

Suggested Citation

  • L. Rangasamy & K. Brick, 2007. "The Implications Of Oecd Growth For South African Exports," South African Journal of Economics, Economic Society of South Africa, vol. 75(4), pages 644-658, December.
  • Handle: RePEc:bla:sajeco:v:75:y:2007:i:4:p:644-658
    DOI: 10.1111/j.1813-6982.2007.00151.x
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    References listed on IDEAS

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    1. Morris Goldstein & Mohsin S. Khan, 2017. "Income and Price Effects in Foreign Trade," World Scientific Book Chapters, in: TRADE CURRENCIES AND FINANCE, chapter 1, pages 3-81, World Scientific Publishing Co. Pte. Ltd..
    2. Alberto Behar & Lawrence Edwards, 2004. "Estimating elasticities of demand and supply for South African manufactured exports using a vector error correction model," CSAE Working Paper Series 2004-04, Centre for the Study of African Economies, University of Oxford.
    3. Mr. Mohsin S. Khan & Mr. Morris Goldstein, 1982. "Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries," IMF Occasional Papers 1982/005, International Monetary Fund.
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