Intra-industry trade in South Africa.
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Date
1987
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Abstract
Intra-industry trade is a recent development in international
trade theory. This study attempts, for the first time, to
measure the extent of intra-industry trade in South Africa. It
is found that approximately a one-third of total South African
trade is of the intra-industry type.
The first chapter places theoretical developments accounting for
intra-industry trade in relation to the conventional models of
trade. This chapter is followed by a detailed coverage of seven
models that allow for intra-industry trade, in order to ascertain
the major determinants of intra-industry trade. A third chapter
examines the "existence problem" and discusses measures of intra-industry
trade and a fourth chapter estimates the level of intra-industry
trade in South Africa. Statistical analyses of the major
determinants of intra-industry trade were generally successful,
except for the poor performance of product differentiation
proxies.
A final chapter concerns the commercial policy and welfare
aspects of intra-industry trade, concluding that there are gains
to be had, from social and political changes within South Africa,
if such changes lead to greater economic integration and cooperation
in the Southern Africa region.
Description
Thesis (M.Com.)-University of Natal, 1987.
Keywords
Theses--Economics., South Africa--Commerce., South Africa--Commercial Policy.