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

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dc.contributor.authorOlasehinde-Williams, G.
dc.contributor.authorOshodi, A. F.
dc.date.accessioned2025-04-17T09:17:06Z
dc.date.available2025-04-17T09:17:06Z
dc.date.issued2024
dc.description.abstractOver the past few decades, the international trading system has become strongly organised around global value chains. Theoretical and empirical research show that there are numerous benefits associated with participation in global value chains. However, empirical findings on the importance of backward and forward linkages into global value chains are still limited. This paper makes a contribution to the global value chains literature by exploring the relationship between different measures of global value chains participation and export growth in South Africa. Empirical evidence on the relationship is obtained through the use of dynamic autoregressive-distributed lag simulations on data covering the period 1990-2019. Findings indicate the following; the backward linkages (foreign value added) and domestic value added in exports both have significant long-run increasing effects on export growth in South Africa. Indirect value added (forward linkages) has significant short-run and long-run increasing impact on export
dc.identifier.citationOlasehinde-Williams, G. & Oshodi, A. F. (2024). Global value chains and export growth in South Africa: evidence from dynamic ARDL simulations. Transnational Corporations Review, 16 (1), 48-60, Published by (Science Direct) Elsevier. Available on line at https://www.sciencedirect.com/science/article/pii/S1925209923000992?via%3Dihub
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/123456789/15114
dc.publisher(Science Direct) Elsevier
dc.subjectSouth Africa
dc.subjectglobal value chains
dc.subjectexport growth
dc.subjectdynamic ARDL simulation
dc.subjectInternational trade
dc.titleGlobal value chains and export growth in South Africa: evidence from dynamic ARDL simulations
dc.typeArticle

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