Welcome to ERSA

Research Briefs

Quality of life: validation of an instrument and analysis of relationships between dimensions by Talita Greyling

Background

Sanctioned Quotas vs Information Provisioning for Community Wildlife Conservation in Zimbabwe: A Framed Field Experiment Approach by Herbert Ntuli

Local communities in Africa benefit from protected areas through a number of activities such as grazing their livestock and revenues gained from touristic activities.

Order flow and rand/dollar exchange rate dynamic by Aadila Hoosain, Alta Joubert, Alain Kabundi

This study investigates the impact of order flow on the rand/dollar exchange rate over the short and long term.

Latest Publications

Efficiency in South African water utilities: a comparison of estimates from DEA, SFA and StoNED by Genius Murwirapachena, Jugal Mahabir, Richard Mulwa and Johane Dikgang

Climate change has brought renewed and increasing attention to the productivity and efficiency of the water sector. This has stimulated interest, which has manifested itself in the increased application of statistical tools to measure the productivity and efficiency of water utilities.

Who benefits from being self-employed in urban Ghana by Adeola Oyenubi

This paper explores the earnings gap between the self-employed and wage earners in urban Ghana.

Fiscal Policy and Adjustment in a Foreign Exchange Constrained Economy: Evidence from Malawi by Bertha C. Bangara and Amos C. Peters

Most of the recent literature analysing the adjustments of macroeconomic variables to fiscal policy shocks rely on the inclusion of non-Ricardian households to generate a positive response of consumption to an increase in government spending.

The J–Curve Phenomenon: Evidence from Commodity Trade Between South Africa and the United States by Hammed Amusa and David Fadiran

Previous studies on the J–curve phenomenon for South Africa have been carried out using either aggregate trade data between South Africa and the rest of the world or between South Africa and her major trading partners.

Risk Preferences and the Impact of Credit and Insurance on Farm Technology Uptake by Martine Visser, Hafsah Jumare and Kerri Brick

We use a series of credit and insurance simulation games to test the role of access to credit and insurance on magnitude and timing of farm technology uptake with small-scale farmers in South Africa.

Latest Journal Publications

Regional economic effects of changes in South Africa's electricity generation mix by Bohlmann, H.R., Horridge, J.M., Inglesi-Lotz, R., Roos, E.L. & Stander, L.
Energy Policy (https://www.sciencedirect.com/science/article/pii/S0301421519300783)

This paper examines the long-run regional economic effects within South Africa of changing the electricity-generation mix away from coal. We use a regional CGE model of South Africa to conduct our analysis.

The Impact of Political Competition on Economic Growth: Evidence from Municipalities in South Africa by Nonso Obikili
South African Journal of Economics (https://onlinelibrary.wiley.com/doi/full/10.1111/saje.12208)
This paper examines the impact of political competition on economic growth.
Effect of Financial Development on Economic Growth in sub–Saharan Africa: Does Sectoral Growth Matter? by Muazu Ibrahim and Paul Alagidede
Journal of Policy Modelling (https://www.sciencedirect.com/science/article/pii/S0161893818301170)

This paper examines the overall economic growth effect when the growth in finance and real sector is disproportionate relying on panel data for 29 sub–Saharan African countries over the period 1980–2014.

Impact of macroeconomic announcements on foreign exchange volatility: Evidence from South Africa by Tseke Maserumule and Paul Alagidede
South African Journal of Economics (https://onlinelibrary.wiley.com/doi/abs/10.1111/saje.12160)

This study focuses on scheduled macroeconomic news announcements and evaluates their impact on the volatility of the South African rand (ZAR) and US dollar (USD) exchange rate using high frequency data.

Welfare analysis of bank capital requirements with endogenous default by Fernando Garcia-Barragan and Guangling Liu
Economic Modelling (https://www.sciencedirect.com/science/article/pii/S0264999317315225)
This paper presents a tractable framework with endogenous default and evaluates the welfare implication of bank capital requirements. We analyze the response of social welfare to a negative technology shock under different capital requirement regimes with and without default.