Regionalism, Trade And Growth: The Case Of The Eu-South Africa Free Trade Arrangement
AbstractIn a sequential Computable General Equilibrium analysis, we investigate the likely effects of the EU-South Africa Free Trade agreement (FTA), with a special emphasis on South Africa’s growth prospects. We find that the FTA increases South African output and welfare. We note, however, that the gains are very modest when viewed in the context of the time period over which full adjustment to the treaty provisions is expected to occur. Only 2 percent of the economic growth expected over the next 18 years in South Africa can be linked to additional trade associated with the FTA. The long phase-in period and the partial benefits of regionalism limit the importance of trade as an engine of growth.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series International Trade with number 0108001.
Length: 18 pages
Date of creation: 01 Aug 2001
Date of revision:
Note: Type of Document - PDF; prepared on PC; to print on HP/PostScript/Franciscan monk; pages: 18
Contact details of provider:
Web page: http://184.108.40.206
Free Trade Area; South Africa; European Union;
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
This paper has been announced in the following NEP Reports:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- By Gunnar Jonsson & Arvind Subramanian, 2001.
"Dynamic Gains from Trade: Evidence from South Africa,"
IMF Staff Papers,
Palgrave Macmillan, vol. 48(1), pages 8.
- Arvind Subramanian & Gunnar Jonsson, 2000. "Dynamic Gains from Trade - Evidence from South Africa," IMF Working Papers 00/45, International Monetary Fund.
- Francisco Rodriguez & Dani Rodrik, 1999. "Trade Policy and Economic Growth: A Skeptic's Guide to Cross-National Evidence," NBER Working Papers 7081, National Bureau of Economic Research, Inc.
- Lewis, Jeffrey D. & Robinson, Sherman & Thierfelder, Karen, 2001.
"Free trade agreements and the SADC economies,"
TMD discussion papers
80, International Food Policy Research Institute (IFPRI).
- Nicolas Hérault, 2004. "Un modèle d'équilibre général calculable (MEGC) pour évaluer les effets de l'ouverture au commerce international : le cas de l'Afrique du Sud," Documents de travail 102, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.