Determinants Of Economic Growth In South East Asian Countries A Comparison Study Between China And South Africa On Special Economic Zones.
Journal Title: IOSR Journal of Economics and Finance (IOSR-JEF) - Year 2018, Vol 9, Issue 3
Abstract
How large are the benefits of Special Economic Zones and what are the channels of these benefits? To shed light on these questions, I collect a unique data set of Chinese and south Africaneconomic statistics from 1960-2016 and useit to evaluate the impact of a Special Economic Zone experiment aimed at attracting foreign direct investment. Guided by a conceptual framework, I define the Special Economic Zone policy: 1) increases per capita foreign direct investment mainly in the form of foreign-investment and export-oriented industrial enterprises; 2) does not reduce domestic investment and domestically owned capital stock and 3) increases total factor productivity growth rate. The results suggest that creating Special Economic Zones not only brings capital, but also more advanced technology, and provide important policy implications for many developing countries.
Authors and Affiliations
Thapelo Emmanuel Booi
Keywords
Related Articles
- EP ID EP414813
- DOI 10.9790/5933-0903021727.
- Views 169
- Downloads 0
African Diaspora and Structural Economic Transformation of Africa: Lessons from Asia
Income levels tend to converge across different regions through the diffusion of technology and productivity. Asian economies are closing income gap between them and high income countries, African economies are not. The...
Extensive Tobacco Cultivation in Kushtia District of Bangladesh: Changes in Cultivators’ Perception Regarding External Cost
This paper aims at exploring whether tobacco growers receive positive marginal social benefit than the marginal social cost they incur from extensive tobacco cultivation in rural areas of Bangladesh. This study uses prim...
Competitiveness and Determinants of Livestock and Livestock products Exports from Kenya (1980-2013)
Livestock and livestock products exports from Kenya showed a moderate improvement during the period (2000-2011). However, the country’s livestock export base that earns valuable foreign currency is quite shallow and litt...
Analysis the Factors Effecting the Farm Women Contribution in Rural Economy: A Study of Bhilwara Region
The rural economy is predominantly based on agriculture. Approximately 80 per cent Indian population lives in around five and half lakhs villages spread over the country and are depended mainly on agriculture. Agricultur...
Trade creation and Trade Diversion in the COMESA: Evidence of Kenya’s import Flows in Food and Live Animals
The paper used gravity model to analyze trade creation and trade diversion. All continous variables exhibited unit root at levels except for population, but all became stationary after first dfference. It was found that...