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The effect of policy uncertainty on South Africa, SADC, and beyond

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  • Mustapha Douch

Abstract

The principal contribution of this paper is to investigate the relationship between policy uncertainty, caused by recent developments in international markets, and firms' trade margins for the largest economy in Africa: South Africa. In particular, using a unique database on the population of traders, we investigate the exogenous result of the Brexit referendum and assess its impact on South African exporters' and importers' participation in the global market.

Suggested Citation

  • Mustapha Douch, 2020. "The effect of policy uncertainty on South Africa, SADC, and beyond," WIDER Working Paper Series wp-2020-59, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2020-59
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    Cited by:

    1. Mustapha Douch & Terence Huw Edwards, 2022. "The bilateral trade effects of announcement shocks: Brexit as a natural field experiment," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(2), pages 305-329, March.

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    Keywords

    Brexit; policy uncertainty; Preferential trade agreements; Trade margins;
    All these keywords.

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