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The impact of an increase in wine industry exports on the South African economy, focusing on the Western Cape AgEcon
McDonald, Scott; Punt, Cecilia; Bhanisi, Sipho.
A marketing strategy undertaken by role players in the wine industry is expected to lead to increases in South African wine exports. A multi-sector analysis, which takes into account the linkage effects in an economy, was conducted to estimate the impact of an increase in wine exports on the South African economy. The increase in wine exports will be the result of changed perceptions and hence increases in the export price faced by South African wine producers. Results of a 10% increase in the international wine price indicated an increase of 0.1% in gross domestic product (GDP). The general positive effect on the economy is reflected by the creation of 5 824 employment opportunities, of which 20% is in the Western Cape. Factor incomes shows varied...
Tipo: Working or Discussion Paper Palavras-chave: Computable General Equilibrium Models; Agriculture in International Trade; Agricultural and Food Policy; International Relations/Trade; Research Methods/ Statistical Methods; C68; Q17.
Ano: 2006 URL: http://purl.umn.edu/58210
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