2020, Volume 73 - Issue 2
RSS feed citation: at RePEc
Publication date: 06 May 2020
THE PERSISTING US TRADE DEFICIT. IS PROTECTIONISM THE RIGHT ANSWER?Read the article
TRADE RELATION BETWEEN INDIA AND OTHER BRICS COUNTRIES: A MULTIDIMENSIONAL APPROACH USING GRAVITY MODEL AND GRANGER CAUSALITYRead the article
STRATEGIC TRADE POLICY WITH ASYMMETRIC BARGAINING AGENDARead the article
TRADE LINKAGES AND BUSINESS CYCLE CO-MOVEMENT: ANALYSIS OF TRADE BETWEEN AFRICAN ECONOMIES AND THEIR MAIN TRADE PARTNERSRead the article
Mduduzi BIYASE, University of Johannesburg, School of Economics, South Africa
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
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.
SADC, Economic Growth, Technical Efficiency
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