Growth theory and application : the case of South Africa

Lui, Guangling

dc.contributor.author	Lui, Guangling
dc.date.accessioned	2008-02-11T06:30:08Z
dc.date.available	2008-02-11T06:30:08Z
dc.date.issued	2007-09
dc.description.abstract	This essay is a comparison study of traditional Neoclassical growth theory and new growth theory. It also discusses growth theory in the real world by investigating the so called “growth miracles” and “growth disasters” scenarios in the developing world. Finally, the essay performs a standard growth accounting exercise on South African economy mainly focuses on the importance of human capital in growth process. Growth accounting exercise shows that South Africa experiences a capital-accumulated growth in the 1970s and 80s, while sharply shifts to technology-accumulated growth in the 1990s and early 2000s.	en
dc.format.extent	189644 bytes
dc.format.mimetype	application/pdf
dc.identifier.citation	Lui, G 2007, 'Growth theory and application : the case of South Africa', "University of Pretoria, Department of Economics, Working paper series, no. 2007-14. [http://web.up.ac.za/default.asp?ipkCategoryID=736&sub=1&parentid=677&subid=729&ipklookid=3]	en
dc.identifier.uri	http://hdl.handle.net/2263/4395
dc.language.iso	en	en
dc.publisher	University of Pretoria, Department of Economics	en
dc.relation.ispartofseries	Working Paper (University of Pretoria, Department of Economics)	en
dc.relation.ispartofseries	2007-14	en
dc.rights	University of Pretoria, Department of Economics	en
dc.subject	Economic growth	en
dc.subject	Solow growth model	en
dc.subject	Growth accounting	en
dc.subject.lcsh	Economic development -- South Africa	en
dc.title	Growth theory and application : the case of South Africa	en
dc.type	Working Paper	en