South Africa's international cost competitiveness and exports in manufacturing

被引:37
作者
Edwards, L [1 ]
Golub, S
机构
[1] Univ Cape Town, ZA-7925 Cape Town, South Africa
[2] Swarthmore Coll, Swarthmore, PA 19081 USA
关键词
Africa; South Africa; relative unit labor costs; international competitiveness; globalization; export-led growth;
D O I
10.1016/j.worlddev.2004.03.005
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The new South African government has embraced globalization, with mixed results to date. Controversies center on South Africa's international cost competitiveness and whether South African exports respond to changes in competitiveness. We measure competitiveness by relative unit labor costs. We find that South African relative unit labor costs declined in the 1990s, but are still high relative to other developing countries. Econometric analysis reveals a strong effect of relative unit labor costs on exports. (C) 2004 Elsevier Ltd. All rights reserved.
引用
收藏
页码:1323 / 1339
页数:17
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