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Working paper
Misallocation of labour and capital can greatly reduce aggregate productivity. In this study, we use tax administrative data to examine the extent of resource misallocation in the South African context. In addition, we zoom in...
May, 2019
Enterprise development
Working paper
This paper introduces a framework of advisory basic principles to be employed by users of economy-wide models such as those used in policy analysis in South Africa and in SA-TIED papers.
April 2019
Macro-fiscal analysis
Working paper
Road freight transport is the key channel for moving goods and services within South Africa, accounting for more than 70% of the total freight payload over the last decade. While not the largest contributor to...
April 2019
Climate and energy
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
Working paper
Services are the fastest growing portion of world trade and now account for nearly a quarter of global exports. This presents opportunities for emerging economies to adapt and enter new markets. Many countries in southern...
April 2019
Phase 1 regional growth
Working paper
This paper provides an overview of the structure, key functions, and characteristics of the motorcycle parts and aftermarket industries in Southern Africa in order to identify challenges to and opportunities for growth in these industries...
April 2019
Phase 1 regional growth
Working paper
This paper has three primary objectives. First, it provides a broad overview of the available South African data used to examine gender in the labour market, with specific reference to the South African Revenue Services...
March, 2019
Labour market and inequality
Working paper
Understanding wealth inequality has unique significance in South Africa. The co-existence of extreme poverty and extreme wealth is starkly visible. Apartheid-era inequality has persisted despite more than 20 years of democracy. Much of the research...
March, 2019
Labour market and inequality
Working paper
The study investigates the effect of real exchange rate volatility on the distribution of income between labour and capital in South Africa. Both symmetric and asymmetric effects were considered. Using quarterly data from 1985:1 to...
March, 2019
Macro-fiscal analysis
Working paper
We employ a micro founded and stock and flow consistent model in the tradition of Backus et al. (1980) to study the impact of higher leverage ratio on the South African economy. The model provides...
March, 2019
Macro-fiscal analysis
Working paper
Monetary policy is believed to have a disproportionate effect on firms depending on their size. Financially constrained firms with limited access to capital markets are expected to be more sensitive to changes in interest rates...
March, 2019
Macro-fiscal analysis
Working paper
This paper investigates whether Southern African Development Community (SADC) countries that are vulnerable to changes in oil prices could instead substitute oil and petroleum products with biofuels and gas from within the region. A pooled...
March, 2019
Phase 1 regional growth
Working paper
I provide a retrospective assessment of the effects of trade policies on South African manufacturing since the transition to democracy, examining the differences and commonalities in the views of economists in favour and against an...
March, 2019
Macro-fiscal analysis
Working paper
In spite of existence of trade arrangements including that of having a common market, trade patterns are low within EAC. Thus, the record of trade among members has been a sobering one when in comparison...
March, 2019
Phase 1 regional growth
Working paper
This paper combines the economics conflict deterrence literature with the robust literature on economic integration agreements, connecting the once separate fields. This paper uses the gravity model on a panel dataset containing all of the...
March, 2019
Phase 1 regional growth
Working paper
This study employs traditional autoregressive and vector autoregressive forecasting models, as well as machine learning methods of forecasting, in order to compare the performance of each of these techniques. Each technique is used to forecast...
March, 2019
Macro-fiscal analysis