Working paper
Michael Kilumelume, Bruno Morando, Carol Newman, and John Rand
Extractive industries form an important part of the economy for many developing countries, but their impact on growth and welfare remains understudied. With global efforts to transition to net-zero carbon emissions in the coming decades...
February 2022
Enterprise development
Working paper
Ricardo Hausmann, Federico Sturzenegger, Patricio Goldstein, Frank Muci, and Douglas Barrios
This study analyses the performance of macroeconomic policy in South Africa in 2007–2020 and outlines challenges for policy in the coming decade. After remarkable economic growth in 1997–07, South Africa’s progress slowed dramatically in 2009...
February 2022
Macro-fiscal analysis
Working paper
Michael Kilumelume, Bruno Morando, Carol Newman, and John Rand
An often-neglected potential negative consequence of tariffs is the impact they may have on the misallocation of factor inputs. Trade protection can provide space for domestic firms to increase prices and mark-ups, allowing low-productivity firms...
December 2021
Enterprise development
Working paper
Amina Ebrahim, C. Friedrich Kreuser, and Michael Kilumelume
This paper presents version 4.0 of the CIT-IRP5 firm-level panel dataset. Version 4.0 is the latest edition of the firm-level component of the combined administrative data using sources from the South African Revenue Service. We...
December 2021
Enterprise development
Working paper
Maya Goldman, Ihsaan Bassier, Joshua Budlender, Lindi Mzankomo, Ingrid Woolard, and Murray Leibbrandt
We use a fiscal incidence model based on the South African 2014/15 Living Conditions Survey to simulate the poverty reduction impacts of a selection of medium-to-long-term social grant options with the goal of replacing the...
November 2021
Public revenue
Labour market and inequality
Working paper
Hylton Hollander
Debt-financed fiscal stimulus programmes directly stimulate aggregate demand through government expenditure or tax cuts, but their effectiveness is highly dependent on direct crowding out of private sector expenditure, spillover effects to the private sector through...
October 2021
Macro-fiscal analysis
Working paper
Neva Makgetla
The COVID-19 pandemic has had severe economic consequences in Southern Africa, resulting in an unprecedented decline in production and employment. Similar policy responses have emerged across the region, centred on temporary and inadequate relief for...
September 2021
Phase 1 regional growth
Working paper
Danie Schutte, Pieter van der Zwan, and Caro Janse van Rensburg
This paper analyses the permanent and temporary differences of South African firms for the period covered in the SARS-NT panel. The analysis provides valuable information about the differences between accounting profits and the taxable income...
September 2021
Public revenue
Working paper
Lutendo Maiwashe
This study measures the incidence, depth, and severity of health poverty in South Africa, using ordinal self-reported data from the National Income Dynamics Study (NIDS) for 2008–17. The resultant trend is decomposed using a Shapley...
July 2021
Labour market and inequality