Enhancing Industrial Cluster Formation Through the Realistic Export Opportunities of the TRADE‐DSM. (5th October 2016)

• Record Type: Journal Article
• Authors: Pisa, Noleen; Viviers, Wilma; Rossouw, Riaan
• Is Part Of: South African journal of economics. Volume 85:Number 3(2017:Sep.)
• Page Start: 386
• Page End: 404
• Publication Date: 2016-10-05
• Subjects: North West Province -- industrial clusters -- competitiveness -- realistic export opportunities -- export market selection -- TRADE‐DSM; Economics -- Periodicals; South Africa -- Economic conditions -- Periodicals; Économie politique -- Périodiques; Afrique du Sud -- Conditions économiques -- Périodiques; Economie; ECONOMICS; Electronic journals; 330.5
• DOI: 10.1111/saje.12138
• Languages: English
• ISSNs: 0038-2280

Abstract

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.