Under the right conditions, basic and social infrastructure investment can contribute to increased economic growth, social development and the reduction of inequality and poverty (Calderón & Servén, 2008:1).
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 econom
This papers examines the effect of private schools on literacy and numeracy skill acquisition among children mainly drawn from lower primary grades in Kenya. We apply a number of estimation approaches that accounts for endogeneity of school choice. We begin with the OLS, as a baseline model.
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.
Faculty of Commerce Awards for Excellence was held on Friday 5 May 2017 at the New Lecture Theatre on UCTs Upper Campus. Professor Lawrence Edwards from the School of Economics represented ERSA at the function.View the award gallery page here.
This study examines the role of gender of the head of household on the food security of small-scale subsistence farmers in urban and rural areas of South Africa, using the exogenous switching treatment-effects regression framework.
Using confidential U.S. customs data on trade transactions between U.S. importers and Bangladeshi exporters between 2002 and 2009, and information on the geographic location of Bangladeshi exporters, we show that the presence of neighboring exporters that previously transacted with a U.S.
Most emerging market economies (EMEs) which have implemented inflation targeting (IT) have continued to experience large, frequent and sometimes persistent inflation target misses. At the same time these countries had reformed their institutional structures when implementing IT.