The growth of exports and manufacturing in South Africa from 1947 to 1987 |
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| Authors: | Merle Holden |
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| Institution: | Department of Economics , University of Natal , Durban |
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| Abstract: | This paper establishes the direction of causality between export growth and manufacturing output growth in the period 1947 to 1987. Total exports and manufacturing output demonstrated bidirectional causality for the entire period, yet from 1947 to 1970 there was found to be no relationship between them. A test for the direction of causality between merchandise exports and manufacturing output found that causation ran from manufacturing output to exports from 1947 to 1970. In the period 1968 to 1987, bidirectional causation was established between merchandise exports and manufacturing output |
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