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Investigating The Effects Of Terms Of Trade On Economic Growth


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

The book assesses the effects of terms of trade, volume of import and export on economic growth as measured by South Africa’s value of GDP. The distinctive feature of this study is that terms of tradeand economic growth is examined from a time series perspective.The importance of the study lies with a policy perception that the element of trade liberalization adds a significance value to government’s decision making process with regard to comprehending the underlying supply capacity of the economy. The distinctive feature of this study is that terms of trade and economic growth is examined from a time series perspective. An important and interesting matter worth noting from the research is that the empirical results present both the volume of export and the terms of trade as positively related to growth whilst volume of imports is negatively related to growth. Given these outcomes, the paper therefore concludes that the price effects from tradable goods (including gold) and other services have a significant role in stimulating South Africa’s economic growth.

Product Specifications
SKU :COC34683
AuthorBonginkosi Mamba
Number of Pages80
Publishing Year10/15/2012
Edition1 st
Book TypePolitical science & theory
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-31 00:00:00