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The Nexus between Infrastructure (Quantity and Quality) and Economic Growth

Chengete Chakamera and Paul Alagidede
This paper examines the growth effects of infrastructure stock and quality in Sub Saharan Africa (SSA). While previous studies established that the poor state of infrastructure in SSA slows economic growth, there is little evidence on infrastructure quality and a robust analysis on the causal links...
Jul 2017
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The effectiveness of countercyclical capital requirements and contingent convertible capital: a dual approach to macroeconomic stability

Hylton Hollander
This paper studies the effectiveness of countercyclical capital requirements and contingent con vertible capital (CoCos) in limiting financial instability, and its associated influence on the real economy. To do this, I augment both features into a standard real business cycle framework with an...
Sep 2015
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Growth (and Segregation) by Rail: How the Railways Shaped Colonial South Africa

Johan Fourie and Alfonso Herranz-Loncan
The railway played a large part in late nineteenth century and early twentieth century globalization since, to benefit from the international economy, peripheral countries needed cheap inland transport. This paper discusses how the railway transformed the economy of South Africa’s Cape Colony...
Aug 2015
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Decomposing the South African CO₂ Emissions within a BRICS Countries Context: The Energy Rebound Hypothesis

Roula Inglesi-Lotz
The main purpose of this study is to test the hypothesis of the rebound effect for the South African case in the years between 1990 to 2014 by firstly, decomposing the driving forces of the changes in CO2 emissions of the country and secondly, comparing with the behaviors of other emerging...
Jun 2017
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Energy Consumption in South African Hotels: A Panel Data Analysis

Love O. Idahosa, Nyankomo Marwa and Joseph O. Akotey
Addressing the large energy consumption of hotels requires an understanding of the factors that drive this consumption. This enquiry is crucial for South Africa which has experienced significant strain in meeting its domestic energy demand. This has occurred alongside increases in international...
Jun 2017
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Structural Breaks in Renewable Energy in South Africa: A Bai & Perron Test Approach

Jaco Pieter Weideman and Roula Inglesi-Lotz
South Africa has been struggling to cope with its energy demand. In order to remedy the problem, the government of South Africa has committed itself to pursuing renewable energy as a viable alternative to traditional sources such as fossil fuels. The aim of this study is to understand whether or...
Apr 2016
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Contraceptive Use and Birth Intervals

Gauthier Tshiswaka-Kashalala and Steven F. Koch
We develop a model linking contraceptive efficiency to birth spacing decisions that incorporates the costs and benefits of child-rearing on the potential mother, as well as the stochastic process surrounding human reproduction. The model fits within the realm of optimal stopping-time problems,...
Dec 2015
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The impact of home and host country institutions in the internationalization of an African multinational enterprise

John M. Luiz, Dustin Stringfellow and Anthea Jefthas
We demonstrate that firms can exploit their knowledge of ‘weak’ institutional settings and turn it into a source of advantage as they internationalize into locations with similar institutional ‘weaknesses.’ Using the case of one Africa’s most successful multinational enterprises we illustrate the...
Jan 2017
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Impact of internal in- migration on income inequality in receiving areas: A district level study of South Africa

Umakrishnan Kollamparambil
The impact of internal migration on regional income inequality of the receiving areas has hitherto gone largely unstudied. This dearth of literature is especially surprising because income inequality and in-migration into urban centres of growth are two issues that many developing economies are...
Oct 2016
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The Impact of Basic and Social Infrastructure Investment on Economic Growth and Social Development in South Africa’s Urban and Rural Municipalities

Henk Gnade, Derick Blaauw and Talita Greyling
Basic and social infrastructure investment can assist in addressing widespread inequality and divided societies by promoting economic growth and social development. The aim of this study is to determine whether basic and social infrastructures investment differently affect economic growth and...
Oct 2016
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