Estimates of a supply-side model of the nonprimary sectors, in which particular attention has been paid to modeling key …

The effects of the marked slowdown in the growth of the capital stock in South Africa since 1985, associated with … political uncertainty and financial sanctions, and future growth prospects are quantified using a modified version of the Lewis … the growth rata of the capital stock leads to at 0.8 percent change in output growth, and hence the fall in investment …

-shedding observed during the recent financial crisis. The paper finds that the rapid growth of the real wage, which outpaced the labor … productivity growth in most sectors, played an important role in suppressing employment creation. The paper also finds that while … and thus contribute to a weak link between real wage growth and labor productivity growth in the short term. This finding …

a similar trajectory over time, seem to have a powerful predictive information for the near-term GDP growth (up to four … relatively high predictive power regarding GDP growth, a further deterioration may imply that economic activity is likely to slow …