Tregenna, F. - Faculty of Economics, University of Cambridge - 2009
Chenery’s factor decomposition method is used to analyse the sources of growth, by sector, in South Africa from 1970 to … 2007. Using input-output data, the growth of each sector is decomposed into components associated with export growth …; import substitution; growth in domestic demand; and growth in intermediate demand. The results highlight the dependence on …