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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
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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
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This paper presents some facts on China’s role in the world economy and measures the impact of China’s growth on growth … suggest that spillover effects of China’s growth have increased in recent decades. Long-term spillover effects, estimated … through growth regressions based on panel data, are also significant and have extended in recent decades beyond Asia. The …
Persistent link: https://www.econbiz.de/10014402923
flows and capital market conditions and fostering economic growth in developing countries …
Persistent link: https://www.econbiz.de/10014403506