{"title":"Do International Sanctions Reduce Household and Government Consumption in Developing Countries?","authors":"K. Williams","doi":"10.1111/saje.12281","DOIUrl":"https://doi.org/10.1111/saje.12281","url":null,"abstract":"","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/saje.12281","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42009471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Spatial Analysis of Property Crime Rates in South Africa","authors":"K. C. Mulamba","doi":"10.1111/saje.12279","DOIUrl":"https://doi.org/10.1111/saje.12279","url":null,"abstract":"","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/saje.12279","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43164005","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Non‐income effect of land ownership and tenure on subjective wellbeing in South Africa","authors":"Umakrishnan Kollamparambil","doi":"10.1111/saje.12276","DOIUrl":"https://doi.org/10.1111/saje.12276","url":null,"abstract":"","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/saje.12276","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48169689","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The economic effects of the lockdown period in South Africa will be devastating We simulated the industry level capacity constraints imposed by the lockdown regulations since 27 March 2020 on all industries in South Africa by reducing the amount of capital and labour available for production We found a decrease in real GDP to 10% below the baseline level in 2020, and recovery of all industries and macroeconomic variables towards the baseline by 2027 Industries that are suffering and would continue to suffer are the hospitality and tourism industry and all industries related to it, such as transport services, as well as beverages and tobacco Manufacturing in general is also hard hit because they were prohibited to let large groups of labourers enter their premises The model shows that most manufacturing will suffer throughout the forecast period, which was modelled up to 2027
{"title":"The Possible Effects of the Extended Lockdown Period on the South African Economy: A CGE Analysis","authors":"J. Van Heerden, E. Roos","doi":"10.1111/saje.12273","DOIUrl":"https://doi.org/10.1111/saje.12273","url":null,"abstract":"The economic effects of the lockdown period in South Africa will be devastating We simulated the industry level capacity constraints imposed by the lockdown regulations since 27 March 2020 on all industries in South Africa by reducing the amount of capital and labour available for production We found a decrease in real GDP to 10% below the baseline level in 2020, and recovery of all industries and macroeconomic variables towards the baseline by 2027 Industries that are suffering and would continue to suffer are the hospitality and tourism industry and all industries related to it, such as transport services, as well as beverages and tobacco Manufacturing in general is also hard hit because they were prohibited to let large groups of labourers enter their premises The model shows that most manufacturing will suffer throughout the forecast period, which was modelled up to 2027","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/saje.12273","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48584229","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-11-04DOI: 10.35188/unu-wider/2020/810-8
Ihsaan Bassier, I. Woolard
Despite South Africa's need for inclusive economic growth, we find that the income trajectories of the rich continue to diverge from the rest of the income distribution. We combine household survey data and tax data (which, unlike household survey data, includes accurate data for the very rich) to investigate the patterns of income growth over the period 2003 to 2017. We find that the gap between the stagnant middle and the top end of the income distribution widened between 2003 and 2017.
{"title":"Exclusive Growth? Rapidly Increasing Top Incomes Amid Low National Growth in South Africa","authors":"Ihsaan Bassier, I. Woolard","doi":"10.35188/unu-wider/2020/810-8","DOIUrl":"https://doi.org/10.35188/unu-wider/2020/810-8","url":null,"abstract":"Despite South Africa's need for inclusive economic growth, we find that the income trajectories of the rich continue to diverge from the rest of the income distribution. We combine household survey data and tax data (which, unlike household survey data, includes accurate data for the very rich) to investigate the patterns of income growth over the period 2003 to 2017. We find that the gap between the stagnant middle and the top end of the income distribution widened between 2003 and 2017.","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43001331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Associations Between Logistics and Economic Growth in Africa","authors":"Chengete Chakamera, N. Pisa","doi":"10.1111/saje.12272","DOIUrl":"https://doi.org/10.1111/saje.12272","url":null,"abstract":"","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/saje.12272","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47950795","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Even before Covid-19 South African fiscal policy was unsustainable, following years of fast-rising debt levels. We show this estimating a fiscal reaction function in a Markov-switching model. However, the effects of the Covid-19 crisis worsened the fiscal position further. To restore fiscal sustainability in the aftermath of the crisis some commentators argue that higher government expenditure will grow GDP sufficiently to stabilise the debt/GDP ratio. We reject this, showing that although a real increase in expenditure stimulates economic growth (a short-run, once-off effect), the public expenditure/GDP ratio exceeds the level at which an increase in the ratio positively impacts growth.
{"title":"Covid‐19, Economic Growth and South African Fiscal Policy","authors":"P. Burger, E. Calitz","doi":"10.1111/saje.12270","DOIUrl":"https://doi.org/10.1111/saje.12270","url":null,"abstract":"Even before Covid-19 South African fiscal policy was unsustainable, following years of fast-rising debt levels. We show this estimating a fiscal reaction function in a Markov-switching model. However, the effects of the Covid-19 crisis worsened the fiscal position further. To restore fiscal sustainability in the aftermath of the crisis some commentators argue that higher government expenditure will grow GDP sufficiently to stabilise the debt/GDP ratio. We reject this, showing that although a real increase in expenditure stimulates economic growth (a short-run, once-off effect), the public expenditure/GDP ratio exceeds the level at which an increase in the ratio positively impacts growth.","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":"26 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/saje.12270","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41298542","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Business Cycles Synchronisation and Symmetries in the Transition to East African Monetary Union","authors":"Aweng Peter Majok Garang, Hatice Erkekoglu","doi":"10.1111/saje.12267","DOIUrl":"https://doi.org/10.1111/saje.12267","url":null,"abstract":"","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":"88 1","pages":"495-517"},"PeriodicalIF":1.3,"publicationDate":"2020-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/saje.12267","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45279283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Skill and Earnings Amongst Golfers on the Southern‐African Sunshine Tour","authors":"F. Botha, G. Fraser, Thomas A. Rhoads","doi":"10.1111/SAJE.12269","DOIUrl":"https://doi.org/10.1111/SAJE.12269","url":null,"abstract":"","PeriodicalId":46929,"journal":{"name":"SOUTH AFRICAN JOURNAL OF ECONOMICS","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/SAJE.12269","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44357550","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：