Showing 1 - 10 of 98
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
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
Estimates of a supply-side model of the nonprimary sectors, in which particular attention has been paid to modeling key …
Persistent link: https://www.econbiz.de/10014397190
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
The purpose of this paper is to examine factors that have constrained South Africa''s growth since the end of apartheid … study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by … growth in South Africa …
Persistent link: https://www.econbiz.de/10014403913
Persistent link: https://www.econbiz.de/10009422668
We analyze the performance of kernel density methods applied to grouped data to estimate poverty (as applied in Sala …-i-Martin, 2006, QJE). Using Monte Carlo simulations and household surveys, we find that the technique gives rise to biases in poverty … estimates, the sign and magnitude of which vary with the bandwidth, the kernel, the number of datapoints, and across poverty …
Persistent link: https://www.econbiz.de/10014401678
Current estimates of global poverty vary substantially across studies. In this paper we undertake a novel sensitivity … analysis to highlight the importance of methodological choices in estimating global poverty. We measure global poverty using … different data sources, parametric and nonparametric estimation methods, and multiple poverty lines. Our results indicate that …
Persistent link: https://www.econbiz.de/10014398164
policy programs and their impact on labor market outcomes, inequality, and poverty. The paper illustrates the model …We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different …
Persistent link: https://www.econbiz.de/10012252029
This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from …
Persistent link: https://www.econbiz.de/10011978646