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Union (SACU). Research Design & Methods: This study employs annual data on output, exports, imports, and a structural dummy … variable for SACU countries, namely, South Africa, Botswana, Lesotho, Namibia, and eSwatini. The study applies the … export-led growth hypothesis is valid in Namibia and South Africa, but not in eSwatini, Botswana, and Lesotho. Implications …
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