Showing 1 - 10 of 51
Despite South Africa's need for inclusive economic growth, we find that the income trajectories of the rich continue to diverge from the rest of the income distribution. We combine household survey data and tax data (which, unlike household survey data, includes accurate data for the very rich)...
Persistent link: https://www.econbiz.de/10012208380
This study analyses the performance of macroeconomic policy in South Africa in 2007- 2020 and outlines challenges for policy in the coming decade. After remarkable economic growth in 1997-07, South Africa's progress slowed dramatically in 2009 with the global financial crisis. Real GDP growth...
Persistent link: https://www.econbiz.de/10012816459
South Africa is considering introducing carbon taxes to reduce greenhouse gas emissions. We evaluate potential impacts using a dynamic economy-wide model linked to an energy sector model. Simulation results indicate that a phased-in carbon tax that reaches US$30 per ton of CO2 by 2022 achieves...
Persistent link: https://www.econbiz.de/10009537231
This paper evaluates structural change, inequality dynamics, and industrial policy in South Africa between 1960 and the present day. We find that South Africa experienced growth-enhancing structural transformation until the early 1970s, before entering a period of premature deindustrialization....
Persistent link: https://www.econbiz.de/10012208479
This study examines the role of politics on decentralization and service delivery in South Africa, with a specific … focus on Johannesburg and Cape Town. The research delineates how national decentralization has affected service delivery … government steer money towards Cape Town because they know it can deliver on its obligations. -- decentralization ; party …
Persistent link: https://www.econbiz.de/10009633131
In this paper we explore South Africa's personal income tax system using two microsimulation models. The first, SAMOD, simulates personal income tax and social benefits using a dataset derived from the nationally representative National Income Dynamics Study survey. The second, PITMOD, simulates...
Persistent link: https://www.econbiz.de/10012590849
This paper explores the impact of the first wave of the COVID-19 pandemic in South Africa on income poverty and inequality in South Africa. Using a static tax-benefit microsimulation model with input datasets that were adjusted to reflect people's earned incomes just before the pandemic (March...
Persistent link: https://www.econbiz.de/10012509806
We synthesize the findings from several recent papers on South Africa's very high income inequality. These papers use new datasets—including income tax data—and new empirical methods to investigate the drivers of household income and individual earnings inequality in South Africa. Increased...
Persistent link: https://www.econbiz.de/10011962575
The first democratic elections in 1994 brought about the promise for equal opportunity and an overall improvement of living standards for the majority of the South African population. However, 20 years after the democratization of South Africa, levels of inequality remain stubbornly high. The...
Persistent link: https://www.econbiz.de/10011947039
In this paper we explore the income data in two surveys that underpin a South African tax-benefit microsimulation model. The simulated taxes and benefits using each dataset are compared with each other and with administrative data for a common time point. We explore discrepancies between the...
Persistent link: https://www.econbiz.de/10011947103