01835cas a2200265 a 4500 AALejournalIMF016620 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475594003 1018-5941 BD-DhAAL BD-DhAAL Anand, Rahul. South Africa's Exports Performance : Any Role for Structural Factors? / Rahul Anand, Roberto Perrelli, Boyang Zhang. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (16 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Despite a substantial and prolonged exchange rate depreciation, South Africa's export performance has disappointed since the global financial crisis. In this paper we focus on the role of structural factors in reducing the responsiveness of South African exports to the real exchange rate depreciation. To this end, we construct a unique database of export performance at the firm level. Our analysis suggests that electricity bottlenecks, limited product market competition, and labor market constraints have reduced the responsiveness of firms' exports to the rand depreciation. On the other hand, a firm's ability to diversify its exports has helped it benefit more from currency movements. Mode of access: Internet Perrelli, Roberto. Zhang, Boyang. IMF Working Papers; Working Paper ; No. 2016/024 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/024/001.2016.issue-024-en.xml IMF e-Library