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…
Orientation: Agriculture is key to South Africa’s economy, but exports face high transport costs, logistical bottlenecks, and infrastructure constraints, limiting competitiveness. Research purpose: To examine how transport costs and logistical…
This study aims at investigating the long-run and short-run relationships between international tourist arrivals in Mauritius and some of its key driving factors using an autoregressive distributed lag (ARDL) model over the period 1983–2019. Drawing…
Domestic tourism represents a promising emerging market for Mauritius, offering potential economic, socio-cultural, and environmental benefits. With Mauritius heavily reliant on international tourists, any unforeseen disruption can pose significant…
This research paper explores the dynamic relationship between trade openness, financial development, and economic growth in Lesotho. The study utilizes quarterly time series data spanning from 1970 to 2021, obtained from the Central Bank of Lesotho…