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An Examination of Sub-National Growth in Nigeria: 1999 - 2012

Obikili, Nonso - Economic Research Southern Africa (ERSA) - 2014

I use satellite imagery on night time lights to measure growth across states and local government areas in Nigeria … since the return of democracy in 1999. I show that states in Southern Nigeria have grown faster on average than states in … coefficients to estimate GDP growth for states and local government areas in Nigeria over the period. …

Persistent link: https://www.econbiz.de/10010885333

Macroeconomic Uncertainty in South Africa

Redl, Chris - Economic Research Southern Africa (ERSA) - 2015

This paper develops a new index of economic uncertainty for South Africa for the period 1990-2014 and analyses the macroeconomic impact of changes in this measure. The index is constructed from three sources: (1) Disagreement among professional forecasters about macroeconomic conditions using...

Persistent link: https://www.econbiz.de/10011204514

Towards a Measure of Core Inflation using Singular Spectrum Analysis

Ruch, Franz; Bester, Dirk - Economic Research Southern Africa (ERSA) - 2011

This paper constructs a number of possible core measures of annual inflation using Singular Spectrum Analysis (SSA). Annual inflation is decomposed into its trend, oscillating and noise components in order to develop an understanding of the trend and cyclicality in South African headline...

Persistent link: https://www.econbiz.de/10009369291

Anatomy of the Southern African Customs Union: Structure and Revenue Volatility

Ngalawa, Harold P.E. - Economic Research Southern Africa (ERSA) - 2013

This paper studies the evolution of the Southern African Customs Union (SACU), tracing it from its inception in 1889 as the Customs Union Convention, the worldâ€™s first customs union, to its current status. While the union has operated under different agreements, which have been negotiated...

Persistent link: https://www.econbiz.de/10011133861

The Cape of Perfect Storms: Colonial Africaâ€™s first financial crash, 1788-1793

Havemann, Roy; Fourie, Johan - Economic Research Southern Africa (ERSA) - 2015

This paper investigates the causes and consequences of colonial Africaâ€™s first financial crash, which happened in South Africaâ€™s Dutch Cape Colony. The 1788â€“1793 crisis followed a common sequence of events: trade and fiscal deficits were monetized by printing money, credit...

Persistent link: https://www.econbiz.de/10011265449

How Does Colonial Origin Matter for Economic Performance in sub-Saharan Africa?

Agbor, J.A.; Fedderke, J. W.; Viegi, N. - Economic Research Southern Africa (ERSA) - 2010

This paper investigates the channels through which colonial origin affects economic outcomes in sub-Saharan Africa (SSA). It focuses on four key channels of transmission namely, human capital, trade openness, market distortion and selection bias. In contrast with previous studies where only...

Persistent link: https://www.econbiz.de/10008516088

Democracy, Populism and Hyperinflation(s): Some Evidence from Latin America

Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2010

We test for the populist view of inflation in Latin America between 1970 and 2007. The empirical results - based on the relatively novel panel time-series data and analysis - confirm the theoretical prediction that recently elected governments coming into power after periods of political...

Persistent link: https://www.econbiz.de/10008478911

Does Famine Matter For Aggregate Adolescent Human Capital Acquisition In Sub-Saharan Africa?

Agbor, Julius A.; Price, Gregory N. - Economic Research Southern Africa (ERSA) - 2012

To the extent that in utero and childhood malnutrition negatively affects later stage mental and physical health, it can possibly constrain later stage human capital acquisition, which is an important driver of economic growth. This paper considers the impact of famine on aggregate adolescent...

Persistent link: https://www.econbiz.de/10010598098

Remittances and the Dutch disease in Sub-Saharan Africa. A Dynamic Panel Approach

Kemegue, Francis M.; Eyden, Reneé van; Owusu-Sekyere, … - Economic Research Southern Africa (ERSA) - 2011

This paper investigates the effect of remittance inflows on the real exchange rate in Sub-Saharan Africa (SSA) using annual data from 1980 to 2008 for 34 SSA countries, generalised method of moments by Arellano and Bover (1995) andfeasible generalised least squares by Parks (1967) and Kmenta...

Persistent link: https://www.econbiz.de/10009371419

Foreign Direct Investment and the Internationalisation of South African Mining Companies into Africa

Luiz, John; Ruplal, Meshal - Economic Research Southern Africa (ERSA) - 2010

The paper investigates the factors influencing the internationalisation of mining firms into Africa and the strategies employed. We focus on the FDI of South African mining firms because of the dominance of this country in the extractive resources industry for over a century. A semi-structured...

Persistent link: https://www.econbiz.de/10008694556