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Working paper
This paper estimates the output cost of fighting inflation—the sacrifice ratio—for the South African economy using quarterly data spanning the period 1998Q1–2019Q3. To compute the sacrifice ratio, the structural vector autoregressive model developed by Cecchetti...
January 2021
Macro-fiscal analysis
Working paper
This paper presents a financial-real stock-and-flow-consistent model of the South African economy. The model dynamics build on the simple computable general equilibrium (CGE) model developed by Devarajan and Go (1998) and incorporate elements of dynamic...
January 2018
Macro-fiscal analysis
News
Marvelous Kadzima, a research assistant on the SA-TIED programme, has earned the Best Paper Award at the British Accounting Review's (BAR) Inaugural Annual Conference held at the University of Cape Town on December 8-9, 2023...
January 2024
Working paper
The Paris Agreement calls for a reduction in global emissions to limit the global temperature increase in this century to 2oC (above preindustrial levels), while pursuing the means to limit the increase to 1.5oC. This...
May 2021
Climate and energy
Working paper
This study determines the extent to which broker opportunism (using the hidden commission charged by brokers as a proxy for opportunistic behaviour) in the tomato supply chain in Zambia is reduced by farmers’ access to...
June 2018
Climate and energy
Working paper
The paper adopts the SMART partial equilibrium model to simulate the impact of a full tariff liberalization as proposed under the African Continental Free Trade Area on South African agriculture. The results of the model...
July 2021
Phase 1 regional growth
Working paper
This paper investigates the business environment in sub-Saharan Africa. Previous studies show that the ease of doing business is associated with economic growth as it affects the level of business. This study aims to examine...
September 2021
Phase 1 regional growth
Working paper
Various policies are being implemented in Tanzania to expand the agro-processing sector. The study evaluates the role that agro-processing activities can play in industrialization and economic transformation of the Tanzanian economy and the impact of...
March, 2019
Phase 1 regional growth
Report
The bulk of the South African freight rail network comprises a state-owned, vertically integrated operator, which essentially does not allow freight rail competitors to access its network (some passenger access arrangements are in place). Going...
February 2022
Working paper
Using administrative tax records from South Africa for the period 2011–14, I find that firm wage premia explain 25 per cent of the total wage variance, 60 per cent of the gender wage gap, and...
April 2019
Labour market and inequality
News
27 January 2023, 11:00-13:15 (UTC+2) Faculty of Commerce University of Cape Town Private, School of Economics, 4th floor, Rondebosch, Cape Town, 7701, South Africa On 27 January 2023, a launch of a new book synthesizing...
December 2022
Working paper
The South African economy is generally understood to be characterised by high levels of product market concentration and high firm markups. This paper reviews the existing literature and discusses what can be learnt from new...
October 2019
Labour market and inequality
In the media
During a speech to parliament on Tuesday, South Africa’s Finance Minister, Tito Mboweni, discussed the important work being carried out by the Southern Africa – Towards Inclusive Economic Development (SA-TIED) programme. Mboweni highlighted the achievements...
26 November 2019
Working paper
Interest in industrial hemp has revived in the past 20 years. Malawi is considering legalizing the cultivation of industrial hemp as an alternative cash crop to tobacco with great potential. This study considers the potential...
March 2020
Phase 1 regional growth
Blog
Tax benefits to boost contributions into pension funds or pension-related tax expenditures (PTEs) are used widely by governments worldwide to address issues related to the aging of population and the sustainability of retirement systems. Although...
April 2021
Working paper
Nowadays, tax depreciation allowances are used less as instruments of macroeconomic stabilization and more as long-term measures to stimulate investment. This paper tabulates the types of accelerated depreciation allowances in South Africa and calculates the...
April 2020
Public revenue