Contents of the volume

2020, Volume 73 - Issue 2

ISSN: 2499-8265
RSS feed citation: at RePEc
Publication date: 06 May 2020

THE PERSISTING US TRADE DEFICIT. IS PROTECTIONISM THE RIGHT ANSWER?

Riccardo Fiorentini

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GLOBALISATION AND ECONOMIC GROWTH: A PANEL DATA APPROACH

Cândida Ferreira

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TRADE RELATION BETWEEN INDIA AND OTHER BRICS COUNTRIES: A MULTIDIMENSIONAL APPROACH USING GRAVITY MODEL AND GRANGER CAUSALITY

Narayanasamy Kubendran

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STRATEGIC TRADE POLICY WITH ASYMMETRIC BARGAINING AGENDA

Luciano Fanti, Domenico Buccella

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TRADE LINKAGES AND BUSINESS CYCLE CO-MOVEMENT: ANALYSIS OF TRADE BETWEEN AFRICAN ECONOMIES AND THEIR MAIN TRADE PARTNERS

Lumengo Bonga-Bonga, Emilie Kinfack

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TECHNICAL EFFICIENCY AND ECONOMIC GROWTH IN THE SADC REGION

Mduduzi Biyase, Mokgadi Maleka, Abelwe Maluleka, Talent Zwane

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Genoa Chamber of Commerce
Economia Internazionale / International Economics

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Corresponding author

Mduduzi BIYASE, University of Johannesburg, School of Economics, South Africa

Co-authors

Mokgadi MALEKA, University of Johannesburg, School of Economics, South Africa

Abelwe MALULEKA, University of Johannesburg, Department of Education, South Africa

Talent ZWANE, University of Johannesburg, School of Economics, South Africa

Technical Efficiency and Economic Growth in the SADC Region

Pages

307-324

Abstract

The aim of this study is to investigate the determinants of technical efficiency in the SADC countries, over the period 1985 to 2014. A stochastic frontier analysis based on the Cobb-Douglas production functional model and various datasets (Penn World Tables and the World Development Indicators) are applied to estimate the technical efficiency of output among SADC countries. The results of stochastic frontier production approach present a positive and significant impact of labour, capital and human capital on economic growth, consistent with many studies in this field. The result of the technical inefficient model shows that government expenditure presents a negative and statistically significant estimates on technical inefficiency, while trade openness is found to have a negative but insignificant effect on technical inefficiency.  The study recommends that investing in human capital, labour, capital  and sources of technical efficiency should continue to be a major focus of enhancing its pro‐growth efforts in the SADC region.

JEL classification

F43, O24

Keywords

SADC, Economic Growth, Technical Efficiency

Index

  1. Introduction
  2. Literature review
  3. Methodology
  4. Results
  5. Conclusion 

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