Moses M. Sichei (Department of Economics, University of Pretoria) Chris Harmse (Department of Economics, University of Pretoria) Frans Kanfer (Department of Economics, University of Pretoria)
Abstract
The study attempts to empirically identify factors that determine South Africa-US intra-industry trade (IIT) in selected services during the period 1994-2003. A number of hypotheses based on models of IIT for goods trade are tested. The study utilises an estimation methodology that is robust to heteroscedasticity, contemporaneous and serial correlation among errors. The empirical results, in principle, show that South Africa-US IIT in the selected services is determined by factors similar to goods-based ÒNorth-SouthÓ IIT studies. A key policy implication from the study is that South Africa should increase her IIT in unaffiliated services by minimising the differences with the US in income per capita, market size, FDI, and degree of market openness.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Paper provided by University of Pretoria, Department of Economics in its series Working Papers with number
200515.
Find related papers by JEL classification: C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies