A supply-side alternative for SRD grants in South Africa
| dc.contributor.author | Van Heerden, J.H. (Jan Horn), 1957- | |
| dc.contributor.author | Horridge, Jonathan Mark | |
| dc.contributor.author | Suarez-Cuesta, David | |
| dc.contributor.email | jan.vanheerden@up.ac.za | en_US |
| 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 |