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Dynamic Gains from Trade
Evidence from South Africa
Author : Jonsson, G., and Subramanian, A.
Publisher: International Monetary Fund
Place of Publish: U.S.A., Washington, D.C.
Year: 2001
Acc. No: 579-S
Category: Soft Documents
Type of Resource: Trade policy, Trade development, Economic growth and development, Trade liberalisation
ISBN: English
This paper examines the empirical relationship between trade and total factor
productivity (TFP) in South Africa. Using data on actual trade protection across
different manufacturing sectors, it is shown that trade liberalization had a positive
impact on TFP growth during the 1990s. In addition, time-series evidence on
macro data supports a positive long-run relationship between TFP and openness.
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