Browsing Working Papers (Economics) by Title

Browsing Working Papers (Economics) by Title

Sort by: Order: Results:

  • Currency substitution and financial repression 
    Gupta, Rangan (University of Pretoria, Department of Economics, 2008)
    In this paper, we use a general equilibrium overlapping generations monetary endogenous growth model of a small open economy, to analyze whether financial repression, measured via the "high" mandatory reserve-deposit ...
  • Defining the tax revenue base for individuals in the South African economy using a micro-simulating tax model 
    Schoeman, N.J. (Nicolaas Johannes); Van Heerden, Yolande (University of Pretoria, Department of Economics, 2010-10)
    The use of micro-simulation tax modelling techniques is reasonably well-documented in a broad spectrum of literature in the field of public economics. This article is primarily concerned with assessing the revenue base for ...
  • Determinants of South Africa's exports for leather products 
    Eita, Joel Hinaunye; Jordaan, Andre Cillie (University of Pretoria, Department of Economics, 2007-10)
    This paper analysed the determinants of South African exports of raw hides and skins (other than fur skins) and leather (H41) using annual data covering the period 1997 to 2004 for 32 main trading partners. The results ...
  • Do neighbors of host countries matter to aggregate US FDI outflows? 
    Kemegue, Francis M. (University of Pretoria, Department of Economics, 2009-12)
    Modeling spatial interaction among contiguous host countries receiving foreign direct investment from the same source country is usually conceived as reflection of market seeking behaviors or cost saving strategies of firms ...
  • Does South Africa have the potential and capacity to grow at 7 per cent? : a labour market perspective 
    Van Eyden, Renee; Du Toit, Charlotte Barbara; Ground, Marc (University of Pretoria, Department of Economics, 2006-02)
    Facing the challenge to adjust, the question is to what extent South African markets, specifically labour and investment markets, are flexible enough to enhance its global competitiveness, without having to revert to inward ...
  • A Dynamic enquiry into the causes of hyperinflation in Zimbabwe 
    Makochekanwa, Albert (University of Pretoria, Department of Economics, 2007-07)
    The purpose of this study is to determine the causes of hyperinflation in Zimbabwe for the period February 1999 to December 2006 using appropriate econometric techniques. Results from long run and shot run econometric ...
  • A dynamic factor model for forecasting macroeconomic variables in South Africa 
    Gupta, Rangan; Kabundi, Alain (University of Pretoria, Department of Economics, 2008-06)
    This paper uses the Dynamic Factor Model (DFM) framework, which accommodates a large cross-section of macroeconomic time series for forecasting the per capita growth rate, inflation, and the nominal shortterm interest ...
  • Dynamic health care decisions and child health in South Africa 
    Koch, Steven F.; Alaba, Olufunke A. (University of Pretoria, Department of Economics, 2008-10)
    A large number of child deaths in developing countries could be averted if ill children received care sooner rather than later. However, analysis in these developing countries rarely considers the pathway, through which, ...
  • An econometric model of rand-US dollar nominal exchange rate 
    Sichei, Moses Muse; Gebreselasie, Tewodros G.; Akanbi, Olusegun Ayodele (University of Pretoria, Department of Economics, 2005-12)
    Modeling the nominal exchange rate has been one of the most difficult exercises in economics. This paper attempts to estimate the nominal rand-USD exchange rate under the Dornbusch(1980) and Frankel (1979) overshooting ...
  • The economic rationale for agricultural regeneration and rural infrastructure investment in South Africa 
    Meyer, Nicolaas G.; Breitenbach, M.C. (Marthinus); Fenyes, T.I. (Tamas Imre); Jooste, Alta (University of Pretoria, Department of Economics, 2009-02)
    This paper informs government policy insofar as it relates to the agricultural and rural de- velopment sectors and infrastructure investment within these sectors. The paper first quantifies the role of agriculture in the ...
  • Effect of defense spending on US output : a factor augmented vector autoregression (FAVAR) approach 
    Gupta, Rangan; Kabundi, Alain; Ziramba, Emmanuel (University of Pretoria, Department of Economics, 2009-03)
    Empirical evidence on the effect of defense spending on US output is at best mixed. Against this backdrop, this paper assesses the impact of a positive defense spending shock on the growth rate of real GNP using a FAVAR ...
  • The effect of monetary policy on house price inflation : a factor augmented vector autoregression (FAVAR) approach 
    Gupta, Rangan; Kabundi, Alain (University of Pretoria, Department of Economics, 2009-01)
    This paper assesses the impact of monetary policy on house price inflation for the nine census divisions of the US economy using a factor-augmented VAR (FAVAR), estimated a large data set comprising of 126 quarterly ...
  • The effect of monetary policy on real house price growth in South Africa : a factor augmented vector autoregression (FAVAR) approach 
    Gupta, Rangan; Kabundi, Alain (University of Pretoria, Department of Economics, 2009-01)
    This paper assesses the impact of monetary policy on real house price growth in South Africa using a factor-augmented vector autoregression (FAVAR), estimated based on a large data set comprising of 246 quarterly series ...
  • An empirical investigation of capital flight from Zimbabwe 
    Makochekanwa, Albert (University of Pretoria, Department of Economics, 2007-07)
    This paper investigates the causes of capital flight from Zimbabwe for the period 1980 to 2005. The results show external debt, foreign direct investment inflows, and foreign reserves to be the major causers of capital ...
  • An endogenous growth model of a financially repressed small open economy 
    Gupta, Rangan; Goswami, Samrat (University of Pretoria, Department of Economics, 2006-07)
    The paper develops a monetary endogenous growth model of a financially repressed small open economy, characterized by curb markets, capital mobility, transaction costs in domestic and foreign capital markets, and a flexible ...
  • Equity in private health insurance coverage in South Africa : 2002-2007 
    Koch, Steven F. (University of Pretoria, Department of Economics, 2009-08)
    South Africa, which allowed complete suffrage in 1994, for the first time, has committed itself to improved health outcomes through equitable economic and social development. However, South Africa fares poorly in the World ...
  • Estimating the equilibrium real exchange rate for Namibia 
    Eita, Joel Hinaunye; Sichei, Moses Muse (University of Pretoria, Department of Economics, 2006-02)
    This paper estimates the equilibrium real exchange rate and the resulting real exchange rate misalignment in Namibia during the period 1970 to 2004. The equilibrium real exchange rate is determined by trade and exchange ...
  • Exchange rate puzzles : a review of the recent theoretical and empirical developments 
    Gupta, Rangan; Van Eyden, Renee; Mokoena, Thabo Mishack (University of Pretoria, Department of Economics, 2008-07)
    This paper presents a comprehensive literature review of the theoretical and empirical developments that have taken place over the last two decades in an attempt to address the exchange rate puzzles. Specifically, we ...
  • Financial development and economic growth in Latin America : Schumpeter is right! 
    Bittencourt, Manoel (University of Pretoria, Department of Economics, 2010-06)
    In this paper we investigate the role of financial development, or more wide-spread access to finance, in generating economic growth in four Latin American countries between 1980 and 2007. The results, based on the ...
  • Financial liberalisation and the effectiveness of monetary policy on house prices in South Africa 
    Gupta, Rangan; Ndahiriwe, Kasai (University of Pretoria, Department of Economics, 2008-02)
    This paper investigates the effectiveness of monetary policy on house prices in South Africa, before and after financial liberalisation, with financial liberalisation being identified with the recommendations of the De ...