Showing 1 - 10 of 95
This paper presents a model in which two groups in society are engaged in strategic interaction. Privileged members of society have the opportunity to allocate resources either to their own productive capacity, or to enhance the productive capacity of the disadvantaged. Redistribution to the...
Persistent link: https://www.econbiz.de/10008563270
While South Africa’s growth performance has improved somewhat in recent years, it has generally been poor over the past few decades. This article uses Chenery’s factor decomposition method to analyse the sources of growth in South Africa from 1970 to 2007. Using input-output data,...
Persistent link: https://www.econbiz.de/10011133833
on education during the 1980-2009 period. The results, based on panel time-series analysis (I use the Pooled OLS and … played an important role in terms of widening access to education in the community. All in all, the results are significant … education is an important determinant of growth and development. …
Persistent link: https://www.econbiz.de/10010775244
This paper explores various dynamics in the relationship between life satisfaction and education in South Africa using … that education is a positional good, in that people who have attained more than the mean level of education in their … relevant cluster are significantly more satisfied with life compared to those possessing less than the mean education. …
Persistent link: https://www.econbiz.de/10010662822
The lack of accurate measures of human capital formation often constrain investigations into the long-run determinants of growth and comparative economic development, especially in regions such as Africa. Using the reported age of criminals in the Courts of Justice records in the Cape Archive,...
Persistent link: https://www.econbiz.de/10011133839
South Africa is in the grip of an electricity crisis marked by a euphemism known as “load sheddingâ€. The demand for electricity has grown to the point that the supply reserve margin is often under threat, necessitating the electricity supplier to cut supply to some areas for various...
Persistent link: https://www.econbiz.de/10008563343
This paper is the first one to analyse the effect of aggregate government spending and taxes on output for South Africa using three types of a calibrated DSGE model and more data driven models such as a structural vector error correction model (SVECM) and a time-varying parameter VAR (TVP-VAR)...
Persistent link: https://www.econbiz.de/10010662823
This paper analyses wage subsidies on lower-skilled formal workers in the Democratic Republic of Congo (DRC). A multi-sectoral empirically-calibrated general equilibrium model capturing the economy-wide transactions between the formal and informal sectors is used to analyse one policy simulation...
Persistent link: https://www.econbiz.de/10011133820
In this paper, the effects of reducing tariffs are analysed through a Computable General Equilibrium (CGE) model of the DRC. The specific DRC Formal-Informal Model (DRCFIM) is a multi-sectoral computable general equilibrium model that captures the observed structure of the DRC’s formal...
Persistent link: https://www.econbiz.de/10011133860
Understanding class size effects on educational achievement remains a preoccupation of many economists. But empirical results are, to this far, still inconclusive. I use the two-stage least squares and the instrumental variable quantile regression methods on Lesotho’s grade 6 students...
Persistent link: https://www.econbiz.de/10011165817