Trade linkages and growth in South Africa: an SVAR analysis

dc.contributor.advisorKotze, Kevin
dc.contributor.authorLiu, Xinman
dc.date.accessioned2020-03-17T12:57:21Z
dc.date.available2020-03-17T12:57:21Z
dc.date.issued2019
dc.date.updated2020-03-17T12:19:49Z
dc.description.abstractThis paper investigates the vulnerability of South Africa to the shocks that originate from its major trading partners over time using a structural vector autoregressive framework. We examine the impact of shocks emanating from the EU, the US, China, Japan, India and Brazil on South Africa’s output growth through both direct and indirect trade linkages, by considering the changing trade patterns from 1996 to 2017. The results suggest that the South African economy has become more integrated with emerging economies. Furthermore, China has increased its impact on the output growth of the other sample economies through trade linkages, which implies that developments in China are of increasing importance to other economies. The US and the EU are still dominated in propagating shocks despite their declining impact on the output growth of other economies in this sample.
dc.identifier.apacitationLiu, X. (2019). <i>Trade linkages and growth in South Africa: an SVAR analysis</i>. (). ,Faculty of Commerce ,School of Economics. Retrieved from en_ZA
dc.identifier.chicagocitationLiu, Xinman. <i>"Trade linkages and growth in South Africa: an SVAR analysis."</i> ., ,Faculty of Commerce ,School of Economics, 2019. en_ZA
dc.identifier.citationLiu, X. 2019. Trade linkages and growth in South Africa: an SVAR analysis. . ,Faculty of Commerce ,School of Economics. en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Liu, Xinman AB - This paper investigates the vulnerability of South Africa to the shocks that originate from its major trading partners over time using a structural vector autoregressive framework. We examine the impact of shocks emanating from the EU, the US, China, Japan, India and Brazil on South Africa’s output growth through both direct and indirect trade linkages, by considering the changing trade patterns from 1996 to 2017. The results suggest that the South African economy has become more integrated with emerging economies. Furthermore, China has increased its impact on the output growth of the other sample economies through trade linkages, which implies that developments in China are of increasing importance to other economies. The US and the EU are still dominated in propagating shocks despite their declining impact on the output growth of other economies in this sample. DA - 2019 DB - OpenUCT DP - University of Cape Town KW - Trade linkages KW - South Africa KW - SVAR model KW - output shocks LK - https://open.uct.ac.za PY - 2019 T1 - Trade linkages and growth in South Africa: an SVAR analysis TI - Trade linkages and growth in South Africa: an SVAR analysis UR - ER - en_ZA
dc.identifier.urihttps://hdl.handle.net/11427/31614
dc.identifier.vancouvercitationLiu X. Trade linkages and growth in South Africa: an SVAR analysis. []. ,Faculty of Commerce ,School of Economics, 2019 [cited yyyy month dd]. Available from: en_ZA
dc.language.rfc3066eng
dc.publisher.departmentSchool of Economics
dc.publisher.facultyFaculty of Commerce
dc.subjectTrade linkages
dc.subjectSouth Africa
dc.subjectSVAR model
dc.subjectoutput shocks
dc.titleTrade linkages and growth in South Africa: an SVAR analysis
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMCom
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