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How does the South African government react to changes in its debt position? In investigating the question, this paper estimates fiscal reaction functions using various methods (OLS, VAR, TAR, GMM, State-Space modelling and VECM). The paper finds that since 1946 the South African government has...
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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 …
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Estimates of a supply-side model of the nonprimary sectors, in which particular attention has been paid to modeling key …
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