Dynamic Gains From Trade: Evidence From South Africa
March 1, 2000
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Summary
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It uses (i) a time series approach where trade is defined in terms of aggregate outcomes, i.e., as the share of imports plus exports in GDP, and (ii) a cross sectional approach, where trade is defined in terms of trade policy, i.e., as actual trade protection across different manufacturing sectors. The results indicate that there is a significant positive relationship between trade and TFP growth both over time and across sectors.
Subject: Imports, International trade, Production, Tariffs, Taxes, Total factor productivity, Trade liberalization, Trade policy
Keywords: Africa, formula duty, growth, import tariff, Imports, Openness, tariff, tariff line, tariff reduction, tariff regime, Tariffs, TFP growth, TFP series, time series, total factor productivity, trade, trade liberalization, Trade policy, trade policy orientation, trade policy variable, WP
Pages:
32
Volume:
2000
DOI:
Issue:
045
Series:
Working Paper No. 2000/045
Stock No:
WPIEA0452000
ISBN:
9781451846461
ISSN:
1018-5941
