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Jooste, Andre; Bahta, Sirak Teclemariam. |
According to the RCA and RCA# the beef sub-sector in South Africa has shown a revealed comparative disadvantage for 17 out of the 22 years to 2002, while the maize sub-sector showed a revealed comparative advantage for 18 out of the same 22 years. However, this article argues that these results do not show the real state of competitiveness that exists in these sub-sectors, mainly because RCA measures should not be used to make definitive conclusions whether an industry, sector or sub-sector is competitive, nor whether it uses scare resources efficiently. RCA measures explain in more accurate ways, relative to a simple analysis of export trends, how a country features in the context of world trade. Hence, one possible application of RCA measures is to... |
Tipo: Journal Article |
Palavras-chave: International Relations/Trade. |
Ano: 2005 |
URL: http://purl.umn.edu/31703 |
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Bahta, Sirak Teclemariam. |
Trade policies form the main economic 'buffer' between one national economy and another, i.e. the general and specific elements of each nation's trade policy interact directly or indirectly with those of other nations in all economic transactions across international borders. A nation's trade policy involves specific actions to encourage and promote or discourage foreign trade through the legal, financial and institutional environment within which foreign transactions occur. This study evaluates the trade policy applicable to the beef and maize sub-sectors in South Africa. Issues that are investigated include whether trade policy provides more or less protection than needed, whether it creates more openness for trade and the revealed comparative... |
Tipo: Thesis or Dissertation |
Palavras-chave: Crop Production/Industries; International Relations/Trade; Livestock Production/Industries. |
Ano: 2004 |
URL: http://purl.umn.edu/28061 |
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