Abstract
This paper explores the natural synergies between industrial cluster formation and the identification of realistic export opportunities (REOs), using the TRADE-DSM for a resource-dependent region, the North West Province of South Africa. The structural path analysis and power of pull methods were applied to a provincial social accounting matrix to identify the top industrial clusters. Ten industrial clusters were identified and matched to the results of the TRADE-DSM. Six of the industrial clusters analysed had REOs. These results provide a basis for focused export market development and for the formalisation of the cluster initiative as a strategy for sustained economic and export growth.
| Original language | English |
|---|---|
| Pages (from-to) | 386-404 |
| Number of pages | 19 |
| Journal | South African Journal of Economics |
| Volume | 85 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Sept 2017 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 17 Partnerships for the Goals
Keywords
- competitiveness
- export market selection
- industrial clusters
- North West Province
- realistic export opportunities
- TRADE-DSM
ASJC Scopus subject areas
- Economics and Econometrics
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