In this paper, we analyze a dynamic stochastic general equilibrium model on how water resilience a¤acts economic growth … development in general, as a drought prone and water poor country with rapid population growth, South Africa may face more serious …

This paper analyses the causal relationship between housing activity and growth in nine provinces of South Africa for … provinces. Our empirical results support unidirectional causality running from housing activity to economic growth for most of … the provinces studied; bi-directional causality between housing activity and economic growth for Gauteng; and no causality …

Economies that currently have the same productive capacity may implement different growth rates. This entails that it … for future growth in an arbitrary manner. NNP-based measures trade off current well-being and the potential for future … growth in a consistent manner. This paper shows that it matters for NNP-based measures whether different growth rates in …

an expanded "genuine savings indicator", taking into account the value of population growth, or by an expanded measure of … real NNP growth. Under CRS, the measures can be related to the value of per capita stock changes and per capita NNP growth …

This paper summarizes assumptions made and results obtained in parts of the literature on welfare and sustainability …®erent combinations. This taxonomy is used to organize results in welfare and sustainability accounting. The analysis illustrates how …

growth, or by an expanded measure of real NNP growth. Practical ways of approximating these measured are discussed. By … growth, using a result due to Arrow et al. (2003). The result are compared to those arising when instantaneous well …