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In this study, we provide a comprehensive estimation of the contemporary Phillips curve relationship in the South …/tightness and inflation expectations, contributing to the debate on the relevance of the Phillips curve in South Africa, where … previous findings have been inconclusive. Our analysis reveals that long-run inflation expectations are the primary driver of …
Persistent link: https://www.econbiz.de/10014314767
The Republic of South Africa faces the imperative of escaping economic stagnation. This paper seeks to synthesize results from a series of research efforts, including but not limited to the work conducted under the UNU-WIDER project on 'Regional growth and development in Southern Africa', and...
Persistent link: https://www.econbiz.de/10011775912
This paper examines the connections of structural change and economic openness to labour productivity growth using a …-country productivity growth is estimated using the least squares with dummy variables approach. The results suggest that growth of labour … productivity is negatively related to initial levels of labour productivity. Labour productivity growth is also positively related …
Persistent link: https://www.econbiz.de/10012161276
-owned enterprises. The results are corroborated by propensity score matching estimates, implying that the estimated gender productivity … could partially close the gender productivity gap. …
Persistent link: https://www.econbiz.de/10011913042
between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …
Persistent link: https://www.econbiz.de/10012404500
the decline in manufacturing employment is associated mainly with rising labour productivity in manufacturing …
Persistent link: https://www.econbiz.de/10009306507
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio …
Persistent link: https://www.econbiz.de/10011962601
approach, complemented with econometric estimation of the country's employment intensity of growth. The findings indicate that … productivity enhancement. Labour reallocations have been mainly from agriculture and manufacturing towards the low productive …
Persistent link: https://www.econbiz.de/10011405514
Researchers have linked sub-Saharan Africa's (SSA) poor growth performance in recent decades to several factors, including geography, institutions, and low returns to investment. This literature has not yet integrated the research that identifies linkages between gender, economic development,...
Persistent link: https://www.econbiz.de/10010251669
in setting interest rates using quarterly data, covering the period since inflation targeting was formally adopted in … 2000. The classic Taylor rule is modified to determine whether the South African Reserve Bank takes into account inflation … Reserve Bank's policy rate decisions respond to expected inflation (rather than current inflation), and its relationship to …
Persistent link: https://www.econbiz.de/10011821017