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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 …
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
Persistent link: https://www.econbiz.de/10009486234
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
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...
Persistent link: https://www.econbiz.de/10014401110