Showing 1 - 8 of 8
This paper measures the extent to which South African economic growth is an engine of growth in sub-Saharan Africa …. Results based on panel data estimation for 47 African countries over four decades suggest that South African growth has a … substantial positive impact on growth in the rest of Africa, even after controlling for other growth determinants. The estimates …
Persistent link: https://www.econbiz.de/10014400625
This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend … techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap … macroeconomic policy. Growth accounting and regression analysis suggest that an increase in trend GDP growth after the end of …
Persistent link: https://www.econbiz.de/10014403846
The transparency of monetary policy in South Africa has increased substantially since the end of the 1990s; but little empirical work has been done to examine the economic benefits of the increased transparency. This paper shows that, in recent years, South African private sector forecasters...
Persistent link: https://www.econbiz.de/10014400438
This paper examines the factor intensity of South Africa''s trade. The conclusion is that South Africa is revealed though its trade pattern to be capital abundant (relative to labor). Surprisingly, this result holds especially for South Africa''s trade with its high income partners, which should...
Persistent link: https://www.econbiz.de/10014403673
trade and TFP growth both over time and across sectors …
Persistent link: https://www.econbiz.de/10014399824
This paper provides a quantitative assessment of the impact of economic growth in the United States on growth in other … countries. Using panel data estimation, the paper finds a significant positive impact of U.S. growth on growth in the rest of ….S. growth on other countries can be explained by the significance of the United States as a global trading partner. The paper …
Persistent link: https://www.econbiz.de/10014403535
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling for...
Persistent link: https://www.econbiz.de/10014401492
This paper empirically examines the extent to which a country''s economic growth is influenced by its trading partner … economies. Panel estimation results based on four decades of data for over 100 countries show that trading partners'' growth and … relative income levels have a strong effect on domestic growth, even after controlling for the influence of common global and …
Persistent link: https://www.econbiz.de/10014404118