Working papers, Department of Economics, WU (Wirtschaftsuniversität Wien)
Stuck in the middle? The structure of trade between South Africa and its major trading partners
Abstract: This paper analyses the South African trade data from1992
until 2006 by means of a Grubel-Lloyd index, a measurement of marginal
intra-industry trade and a revealed comparative advantage (RCA) indicator.
During this period a lot happened that influenced the South African trade
policy, e.g. the political transition in 1994, the formation of the World
Trade Organisation in 1995, the rise of China as trading power, etc. The
purpose is not only to analyse the current structure of South African
trade, but also to examine its structural change over time. As a result
this paper shows that South Africa is principally a supplier of natural
resources to both industrialised and emerging economies. With respect to
its African neighbours South Africa has a more advantageous trading
position. More general this paper shows that an indicator reaches
significant different values, if different trading partners or industries
JEL-Codes: F14; (follow links to similar papers)
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