Cakir, Mustafa Yavuz; Kabundi, Alain - Economic Research Southern Africa (ERSA) - 2011
This paper studies the trade linkages between South Africa and the BRIC (Brazil, Russia, India, and China) countries …. We apply a global vector autoregressive model (global VAR) to investigate the degree of trade linkages and shock … respectively treated as a single economy. The results suggest that trade linkages exist between our focus economies; however the …