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Business Cycles and Growth of South African Steel Manufacturing Industry

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  • Andretta Tsebe

Abstract

The paper studies the relationship between the South African business cycle and the performance of the steel industry. The analysis was conducted by first providing a brief bibliometric review of the definitions used for business cycles in literature. From this initial analysis, emerging themes were used to define the narrative literature review on the relationship between business cycles, economic growth, and supply-demand of the steel industry. Findings from the review, indicate a binary relationship between economic growth and steel industry output. It is recommended that future studies be done on quantitative analysis of the binary and ternary relationships between economic growth and other primary manufacturing industries in South Africa.

Suggested Citation

  • Andretta Tsebe, 2022. "Business Cycles and Growth of South African Steel Manufacturing Industry," Journal of Economics and Behavioral Studies, AMH International, vol. 14(1), pages 6-22.
    • Handle: RePEc:rnd:arjebs:v:14:y:2022:i:1:p:6-22
    DOI: 10.22610/jebs.v14i1(J).3256
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    References listed on IDEAS

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    5. I Botha & L Greyling & D J Marais, 2006. "Modelling the Business Cycle in South Africa: A Non-Linear Approach," Studies in Economics and Econometrics, Taylor & Francis Journals, vol. 30(2), pages 103-126, August.
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    7. Jingyuan Yang & Ling Wang & Ziyuan Sun & Fangming Zhu & Yihui Guo & Yan Shen, 2021. "Impact of Monetary Policy Uncertainty on R&D Investment Smoothing Behavior of Pharmaceutical Manufacturing Enterprises: Empirical Research Based on a Threshold Regression Model," IJERPH, MDPI, vol. 18(21), pages 1-17, November.
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