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In this paper, we challenge the traditional assumption of a linear relationship between exchange rate volatility and economic growth in South Africa. By using data collected from 1970 to 2016 applied to a smooth transition regression (STR) model, we are able to prove that the exchange...
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from 1990 to 2014. Empirical results were insignificant to explain the long-run relationship between South Africa’s trade …, direct foreign investment and growth with the BRIC countries. The short-run trade effect was little to instil any significant … effect on South Africa’s growth. BRICS trade does not Granger Cause growth in South Africa. Trade and investment policy …
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