Showing 1 - 10 of 54
Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...
Persistent link: https://www.econbiz.de/10014533949
Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an economic growth explosion. In this paper, we critically...
Persistent link: https://www.econbiz.de/10014464111
Should developing countries focus on diversifying their export basket or should they instead specialize their exports according to their existing comparative advantage? In this paper we attempt to answer this question by reviewing the literature on export diversification and specialization, by...
Persistent link: https://www.econbiz.de/10010273435
A small but growing literature has been concerned about the economic (and environmental) vulnerability on the level of countries. Less attention is paid to the economic vulnerability of different regions within countries. By focusing on the vulnerability of subnational regions, our paper...
Persistent link: https://www.econbiz.de/10010273470
We use a modified gravity model to estimate the relationship between trade and foreign direct investment (FDI) in the Southern African Development Community (SADC). We find evidence of a significant causal relationship from SADC's exports to inward FDI. Distance (reflecting remoteness and...
Persistent link: https://www.econbiz.de/10010273486
When South Africa implemented its non-pharmaceutical interventions (NPIs) (its "lockdown") to stem the COVID-19 pandemic in March 2020, it was hailed as exemplary. By June 2020 however, the lockdown was in disarray: the number of confirmed infections continued to grow exponentially, placing the...
Persistent link: https://www.econbiz.de/10012322448
Population density gradients for South Africa's cities are quite small in absolute value, indicating a relatively flat population distribution across the cities. In contrast employment is less flatly distributed than the population. The relationship between employment densities and distance...
Persistent link: https://www.econbiz.de/10010280179
In this paper, the question of the location of exporters of manufactured goods within a country is investigated. Based on insights from new trade theory, the new economic geography (NEG) and gravity-equation modelling, an empirical model is specified with agglomeration and increasing returns...
Persistent link: https://www.econbiz.de/10010284528
This paper provides empirical evidence on the location of export-oriented manufacturing firms in Africa (South Africa), and on how the patterns of location has changed over the past decade after the country embarked on trade liberalization. It is found that (a) the proximity to a port is an...
Persistent link: https://www.econbiz.de/10010284547
Success in international trade depends, amongst other things, on distance from markets. Most new economic geography models focus on the distance between countries. In contrast much less theorizing and empirical analysis have focused on how distances within a country for instance due to the...
Persistent link: https://www.econbiz.de/10003725591