South Africa’s Wood Export Potential Using a Gravity Model Approach
AbstractUnder the Accelerated Shared Growth Initiative for South Africa (ASGISA), the South African government identified priority sectors that need to be promoted and developed in order to accelerate growth and reduce unemployment and poverty by the year 2014. Among these, the wood sector was identified as a priority sector that needs to be developed for this purpose. The development of this sector may contribute towards achieving this objective by higher levels of economic participation and income generation. This paper analyses the determinants of exports of wood and articles of wood using a gravity model approach. It further investigates whether there is unexploited trade potential between South Africa and its trading partners within this sector. The analysis has shown that there is unexploited trade potential among some of South Africa’s trading partners which could stimulate growth to alleviate unemployment and poverty.
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Bibliographic InfoPaper provided by University of Pretoria, Department of Economics in its series Working Papers with number 200723.
Length: 24 pages
Date of creation: Oct 2007
Date of revision:
Find related papers by JEL classification:
- C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- F10 - International Economics - - Trade - - - General
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
- F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications
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- Khan, Rana Ejaz Ali & Khan, Tasnim & Maqsood, Muhammad Farqan, 2010. "Export potential of cottage industry: a case study of Sialkot (Pakistan)," MPRA Paper 34427, University Library of Munich, Germany.
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