This study empirically examines the causal relationship between trade openness and economic prosperity in South Africa with quarterly data from 1970 to 2017. The analysis is disaggregated into pre-1994 and post-1994 to capture the economic situation…
AbstractThe current study investigates the impact of foreign direct investment on the growth of Namibia’s economy from 1990 to 2020 using the ARDL cointegration method. The results reveal that FDI, the interactive variable of FDI and trade openness…
The automotive industry is one of the South African industries that contribute to the manufacturing output and exports and plays important to the country’s economic performance. However, the export volume from this industry depends on various…
There is much literature to support the view that export-ers (both developed and developing countries) pay higherwages than nonexporters. While this so-called export wagepremium has also been found to be prevalent in SouthAfrica, it has not been…
BACKGROUND: Exporting poses a challenge to the achievement of inclusive growth because there is a discernible wage inequality between exporting and non-exporting firms. The literature shows that exporting firms pay a wage premium relative to non-…
Background: Namibia is an open economy where international trade accounts for a greater
proportion of gross domestic product (GDP). Openness of the Namibian economy for the
period 2010 to 2018 has been on average 111% of GDP. The high level of…