Travel service exports as comparative advantage in South Africa

Travel service exports as comparative advantage in South Africa

World service exports have grown at a rapid rate over the past few decades. While some countries have benefited from the surge in service exports, others have been left behind. This paper provides a snapshot of South Africa’s comparative performance in service exports, using a new measure of reveale...

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Bibliographic Details
Main Author: Johan Fourie
Format: Article
Language:English
Published: AOSIS 2011-06-01
Series:South African Journal of Economic and Management Sciences
Online Access:https://sajems.org/index.php/sajems/article/view/146
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spelling doaj-35c3851b6105487d8654df16775ab1d42020-11-24T21:54:24ZengAOSISSouth African Journal of Economic and Management Sciences1015-88122222-34362011-06-0114221022810.4102/sajems.v14i2.14664Travel service exports as comparative advantage in South AfricaJohan Fourie0University of StellenboschWorld service exports have grown at a rapid rate over the past few decades. While some countries have benefited from the surge in service exports, others have been left behind. This paper provides a snapshot of South Africa’s comparative performance in service exports, using a new measure of revealed comparative advantage, the normalised revealed comparative advantage (NRCA). Countries are ranked according to their performance in 10 service export sectors. South Africa is found to reveal a strong comparative advantage in travel service exports (tourism). A discussion of the travel services sector follows, with historical, theoretical and empirical evidence to support the NRCA findings.https://sajems.org/index.php/sajems/article/view/146
collection DOAJ
language English
format Article
sources DOAJ
author Johan Fourie
spellingShingle Johan Fourie
Travel service exports as comparative advantage in South Africa
South African Journal of Economic and Management Sciences
author_facet Johan Fourie
author_sort Johan Fourie
title Travel service exports as comparative advantage in South Africa
title_short Travel service exports as comparative advantage in South Africa
title_full Travel service exports as comparative advantage in South Africa
title_fullStr Travel service exports as comparative advantage in South Africa
title_full_unstemmed Travel service exports as comparative advantage in South Africa
title_sort travel service exports as comparative advantage in south africa
publisher AOSIS
series South African Journal of Economic and Management Sciences
issn 1015-8812
2222-3436
publishDate 2011-06-01
description World service exports have grown at a rapid rate over the past few decades. While some countries have benefited from the surge in service exports, others have been left behind. This paper provides a snapshot of South Africa’s comparative performance in service exports, using a new measure of revealed comparative advantage, the normalised revealed comparative advantage (NRCA). Countries are ranked according to their performance in 10 service export sectors. South Africa is found to reveal a strong comparative advantage in travel service exports (tourism). A discussion of the travel services sector follows, with historical, theoretical and empirical evidence to support the NRCA findings.
url https://sajems.org/index.php/sajems/article/view/146
work_keys_str_mv AT johanfourie travelserviceexportsascomparativeadvantageinsouthafrica
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