The Impact of Economic Sanctions on South African Exports
Journal
Scottish Journal of Political Economy
ISSN
0036-9292
ISSN-Digital
1467-9485
Type
journal article
Date Issued
2002-11-01
Author(s)
Abstract
In the mid-1980s many nations imposed sanctions on South African exports, most of which were subsequently removed during 1991-3. I estimate the effect of eight industrialized economies' sanctions on their imports from South Africa. Outliers are found to strongly influence the parameter estimates. Failure to take account of them leads to the conclusion that sanctions by the (then) European Communities most adversely affected South African exports. In fact, robustness checks reveal that the United States' Comprehensive Anti-Apartheid Act played the largest role, reducing bilateral imports by a third. The broader implications of these findings for estimating gravity equations are discussed.
Language
English
Keywords
South Africa
sanctions
HSG Classification
not classified
Refereed
No
Publisher
Blackwell
Publisher place
Oxford
Volume
49
Number
5
Start page
557
End page
573
Pages
17
Subject(s)
Eprints ID
22206
File(s)![Thumbnail Image]()
Name
sanctions.pdf
Size
303.57 KB
Format
Adobe PDF
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