Global value chains and export growth in South Africa: evidence from dynamic ARDL simulations

Author(s):  
Godwin Olasehinde-Williams ◽  
Ayodele Folorunso Oshodi
2014 ◽  
Vol 14 (2) ◽  
pp. 239-258
Author(s):  
Ewa Cieślik

Abstract Integration of Southern Africa has resulted in changes in trade structures and production process across borders. The aim of this article is to present transformations taking place in the structure of trade exchange of the Southern African states (Botswana, Lesotho, Namibia, Swaziland, and South Africa) that are members of the Southern African Customs Union (SACU), and the position of South Africa in global value chains. South Africa seems to be the group of the most advanced countries in analyzed region. The analysis takes advantage of both the conventional methods of comprehensive study on international trade and the modern indicators and measures examining similarity, concentration or the position of South Africa in global value chains in general and sectoral terms.


2019 ◽  
pp. 79-91 ◽  
Author(s):  
V. S. Nazarov ◽  
S. S. Lazaryan ◽  
I. V. Nikonov ◽  
A. I. Votinov

The article assesses the impact of various factors on the growth rate of international trade. Many experts interpreted the cross-border flows of goods decline against the backdrop of a growing global economy as an alarming sign that indicates a slowdown in the processes of globalization. To determine the reasons for the dynamics of international trade, the decompositions of its growth rate were carried out and allowed to single out the effect of the dollar exchange rate, the commodities prices and global value chains on the change in the volume of trade. As a result, it was discovered that the most part of the dynamics of international trade is due to fluctuations in the exchange rate of the dollar and prices for basic commodity groups. The negative contribution of trade within global value chains in 2014 was also revealed. During the investigated period (2000—2014), such a picture was observed only in the crisis periods, which may indicate the beginning of structural changes in the world trade.


2017 ◽  
pp. 38-60 ◽  
Author(s):  
Ewa Cieślik

The paper evaluates Central and Eastern European countries’ (CEEs) location in global vertical specialization (global value chains, GVCs). To locate each country in global value chains (upstream or downstream segment/market) and to compare them with the selected countries, a very selective methodology was adopted. We concluded that (a) CEE countries differ in the levels of their participation in production linkages. Countries that have stronger links with Western European countries, especially with Germany, are more integrated; (b) a large share of the CEE countries’ gross exports passes through Western European GVCs; (c) most exporters in Central and Eastern Europe are positioned in the downstream segments of production rather than in the upstream markets. JEL classification: F14, F15.


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