A supply-side alternative for SRD grants in South Africa

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dc.contributor.author Van Heerden, J.H. (Jan Horn), 1957-
dc.contributor.author Horridge, Jonathan Mark
dc.contributor.author Suarez-Cuesta, David
dc.date.accessioned 2024-04-19T06:14:25Z
dc.date.available 2024-04-19T06:14:25Z
dc.date.issued 2024-03
dc.description This was an informal discussion during a session conducted by Nicola Viegi, called ‘Narratives in Economic Policy’ during the Faculty of Economic and Management Sciences' Inaugural Research Day on 8 September, 2023. en_US
dc.description.abstract During a lively debate between Haroon Bhorat and Michael Sachs at the University of Pretoria recently, Bhorat pleaded for supply-side measures to alleviate poverty in South Africa, rather than demand-side measures. (The debate took place during a session at the Faculty of Economic and Management Sciences' Inaugural Research Day on 8 September, 2023).Bhorat claimed that the SRD grants could not secure a solution to unemployment in a sustainable manner. In this paper, we use the UPGEM Computable General Equilibrium (CGE) model of the University of Pretoria to test the performance of wage subsidies in South Africa, in comparison to the Social Relief of Distress (SRD) grants of the same expenditure magnitude, and report on the differences between the two policy measures in terms of (i) unemployment alleviation, (ii) poverty alleviation and (iii) economic impact in general. en_US
dc.description.department Economics en_US
dc.description.librarian hj2024 en_US
dc.description.sdg SDG-01:No poverty en_US
dc.description.uri http://wileyonlinelibrary.com/journal/saje en_US
dc.identifier.citation Van Heerden, J.H., Horridge, J.M. & Suarez-Cuesta, D. (2024) A supply-side alternative for SRD grants in South Africa. South African Journal of Economics, 92(1), 69–79. Available from: https://doi.org/10.1111/saje.12370. en_US
dc.identifier.issn 0038-2280 (print)
dc.identifier.issn 1813-6982 (online)
dc.identifier.other 10.1111/saje.12370
dc.identifier.uri http://hdl.handle.net/2263/95665
dc.language.iso en en_US
dc.publisher Wiley en_US
dc.rights © 2024 The Authors. South African Journal of Economics published by John Wiley & Sons Ltd on behalf of Economic Society of South Africa. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial License. en_US
dc.subject Computable general equilibrium (CGE) en_US
dc.subject CGE modelling en_US
dc.subject Inequality alleviation en_US
dc.subject Social grants en_US
dc.subject Wage subsidies en_US
dc.subject South Africa (SA) en_US
dc.subject SDG-01: No poverty en_US
dc.subject Social relief of distress (SRD) en_US
dc.title A supply-side alternative for SRD grants in South Africa en_US
dc.type Article en_US


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