634
Views
8
CrossRef citations to date
0
Altmetric
Articles

Analysing job creation effects of scaling up infrastructure spending in South Africa

, &

References

  • Abedian, I & Van Seventer, D, 1995. Productivity and multiplier analysis of infrastructure investment in South Africa: An econometric investigation and preliminary policy implications. Ministry of Finance, Mimeo, Pretoria.
  • Adam, C, 2005. Exogenous inflows and real exchange rates; Theoretical quirk or empirical reality? An IMF Paper, Available at www.Imf.org/FAMM
  • Adam, C & Bevan, D, 2003. Aid, public expenditure and Dutch disease. Centre for the Study of African Economies, Working Paper Series, Paper 184.
  • Adam, C & Bevan, D, 2006. Aid and the supply side: Public investment, export performance and Dutch disease in low income countries. World Bank Economic Review 20(2), 261–290. doi: 10.1093/wber/lhj011
  • Aghion & Howit, 2000. Endogenous growth theory. The MIT Press, Cambridge, Massachusetts.
  • Allen, M, 2005. The macroeconomics of managing increased aid inflows: Experiences of low-income countries and policy implications. A Paper Prepared by the Policy Development and Review Department of the International Monetary Fund (IMF).
  • Arrow, KJ & Kurz, M, 1970. Public investment, the rate of return and optimal fiscal policy. Johns Hopkins Press, Baltimore.
  • Aschauer, DA, 1989. Is public expenditure productive. Journal of Monetary Economics 23, 177–200. doi: 10.1016/0304-3932(89)90047-0
  • Ayogu, M, 2005. Infrastructure and economic development in Africa: A review. Invited Paper for the December 2005 AERC Biannual Plenary Session on Services and Economic Development in Africa, Rosebank Hotel, Johannesburg 3–8 December 2005.
  • Behar, A & Edwards, L, 2004. Estimating elasticities of demand and supply for South African manufactured exports using a vector error correction model. Working Paper 204. The Centre for the Study of African Economies.
  • Bogetic, Z & Fedderke, J, 2005. Infrastructure and growth in South Africa: Benchmarking, productivity and investment needs. Presented at the ESSA conference 2005. Available online: http://www.essa.org.za/
  • Bourguignon, F & Sundberg, M, 2006. Constraints to achieving the MDGs with scaled-up aid. DESA Working paper, No. 15. Available at http://www.un.org/esa/desa/papers/2006/wp152006.pdf.
  • Burnside, C & Dollar, D, 2004. Aid, polices and growth, revisiting the evidence. Policy Research Working Paper 3251, World Bank, Washington DC.
  • Clemens, M & Redelet, S, 2003. The millenium challenge account: How much is too much, how long is long enough? Working Paper No.23, Center for Global Development, Washington DC.
  • Costa, JDS, Ellson, RW & Martin, RC, 1987. Public capital, regional output, and development: Some empirical evidence. Journal of Regional Science 27, 419–437. doi: 10.1111/j.1467-9787.1987.tb01171.x
  • Decaluwé, B, Lemelin, A, Robichaud, V & Maisonnave, H, 2010. PEP-1-t. Standard PEP model: Single-country, recursive dynamic version, www.pep-net.org.
  • Demetriades, P & Mamuneas, T, 2000. Economics. Economic, Royal Economic Society 110(465), 687–712, July.
  • Development Bank of South Africa, 1998. Infrastructure: A foundation for development. Development Report 1998: Pretoria.
  • Duffy-Deon, KT & Eberts, RW, 1989. Public infrastructure and regional economic development: A simultaneous approach. Working paper no. 8909, Federal Reserve Bank, Cleveland OH.
  • Eberts, RW, 1986. Estimating the contribution of urban public infrastructure to regional growth. Working paper no. 8610, Federal Reserve Bank, Cleveland OH.
  • Eberts, RW, 1990. Public infrastructure and regional economic development. Federal Reserve Bank of Cleveland Economic Review (26), 15–27.
  • Eisner, R, 1991. Infrastructure and regional economic performance: Comment. New England Economic Review (Sept/Oct), 47–58.
  • Esfahani, HS & Ramirez, MT, 2003. Institutions, infrastructure, and economic growth. Journal of Development Economics, Elsevier 70(2), 443–477, April. doi: 10.1016/S0304-3878(02)00105-0
  • Estache, A, 2007. Infrastructure and development: A survey of recent and upcoming issues. In Bourguignon, F & Pleskovic, B (Eds.), Rethinking infrastructure for development – Annual World Bank Conference on Development Economics, Global, pp. 47–82.
  • Evans, P & Karras, G, 1994. Is government capital productive? Evidence from a panel of seven countries. Journal of Macroeconomics, Elsevier 16(2), 271–279. doi: 10.1016/0164-0704(94)90071-X
  • Fedderke, J & Bogetic, Z, 2006. Infrastructure and growth in South Africa: Direct and indirect productivity impacts of 19 infrastructure measures. World Bank Policy Research Working Paper 3989, Washington, DC: The World Bank.
  • Fedderke, J & Garlick, R, 2008. Infrastructure development and economic growth in South Africa: A review of the accumulated evidence. Policy Paper No 12. School of Economics, University of Cape Town and Economic Research Southern Africa.
  • Fedderke, J, Perkins, P & Luiz, J, 2005. Infrastructure investment in long-run economic growth: South Africa 1875–2001. Preliminary draft. Available online: http://www.uct.ac.za/economics
  • Fourie, J, 2006. Some policy proposals for future infrastructure investment in South Africa. Stellenbosch Economic Working Papers: 05/06, Department of Economics, University of Stellenbosch.
  • Gibson, KL, 2003. Armington elasticities for South Africa: Long- and short-run industry level estimates, trade and industrial policy strategies. Working Paper 12-2003.
  • Gramlich, E, 1994. Infrastructure investment: A review essay. Journal of Economic Literature (32), 1179–1196.
  • Hailu, D, 2007. Scaling-up HIV and AIDS financing and the role of macroeconomic policies in Kenya. IPC Conference Paper 4. Paper presented at the Global Conference on Gearing Macroeconomic Policies to Reverse the HIV/AIDS Epidemic, 20–21 November, Brasilia: International Poverty Centre (IPC) (mimeo).
  • Heller, PS, 2005. Pity the Finance Minister: Managing a substantial scaling up of aid flows. Processed, Fiscal Affairs Department, International Monetary Fund, Washington, DC.
  • Holtz-Eakin, D, 1988. Private output, government capital, and the infrastructure crisis. Discussion paper no. 394, Columbia University, New York NY.
  • Jung, HS & Thorbecke, E, 2003. The impact of public education expenditure on human capital, growth, and poverty in Tanzania and Zambia: A general equilibrium approach. Journal of Policy Modeling 25, 701–725. doi: 10.1016/S0161-8938(03)00060-7
  • Kirstern, M & Davies, G, 2008. Asgisa – is the bar set high enough? Will the accelerated infrastructure spend assist in meeting the targets? Development Bank of Southern Africa. Tips Conference. 29–31 October 2008, Cape Town.
  • Lau, SHP & Sin, CY, 1997. Public infrastructure and economic growth: Time series properties and evidence. Economic Record, 73.
  • Lofgren, H & Diaz-Bonilla, C, 2005. An Ethiopian strategy for achieving the millennium development goals: Simulations with MAMS model, Processed, February, World Bank, Washington DC.
  • Mabugu, R, Robichaud, V, Maisonnave, H & Chitiga, M, 2013a. Impact of fiscal policy in an intertemporal CGE model for South Africa. Economic Modelling 31, 775–782. doi: 10.1016/j.econmod.2013.01.019
  • Mabugu, R, Maisonnave, H, Robichaud, V & Chitiga, M, 2013b. Perspectives and prospects for job creation and the fiscal interventions in South Africa. Technical report 2013–2014, Financial and Fiscal Commission, South Africa, available on line at http://www.ffc.co.za/index.php/reports/chapters
  • Mera, K, 1973. Regional production functions and social overhead capital: An analysis of the Japanese case. Regional and Urban Economics (3), 157–185. doi: 10.1016/0034-3331(73)90024-9
  • Moreno-Dodson, B, 2009. On the marriage between public spending and growth: What else do we know? The World Bank PREM Notes in Economic Policy, No. 130.
  • Munnell, A, 1990a. Why has productivity growth declined? Productivity and public investment. New England Economic Review (Jan/Feb), 3–22.
  • Munnell, A, 1990b. How does public infrastructure affect regional performance? New England Economic Review (Sept/Oct), 11–32.
  • Munnell, AH, 1992. Policy watch: Infrastructure investment and economic growth. The Journal of Economic Perspectives 6(4), 189–198. doi: 10.1257/jep.6.4.189
  • National Treasury, 2011. Medium term budget policy statement, Republic of South Africa, available online at http://www.treasury.gov.za/documents/mtbps/2011/mtbps/MTBPS%202011%20Full%20Document.pdf
  • Perrault, J, Savard, L & Estache, A, 2010. The impact of infrastructure spending in Sub-Saharan Africa: A CGE modelling approach. Policy Research Working Paper Series 5386. Washington, DC: The World Bank.
  • SACTRA, 1999. Transport and the economy. DETR (Department of Environment, Transport and Regions), London, United Kingdom. www.dft.gov.uk
  • Savard, L, 2010. Scaling up infrastructure spending in the Phillipines: A CGE top down bottom up microsimulation approach. Gredi Cahier de Recherche / Working Paper 10-06, University of Sherbrooke, Canada.
  • Serieux, J, Hailu, D, Tumasyan, M, Papoyan, A, White, R & Njelesani, M, 2008. Addressing the macro-micro economic implications of financing MDG-levels of HIV/and AIDS expenditure. United Nations Development Programme (UNDP), HIV/AIDS Group (mimeo), New York.
  • StatsSA (Statistics South Africa), 2009. Quarterly labour force survey (4th quarter). Statistical Release P0211. StatSA, Pretoria.
  • World Bank, 2005. Aid financing and aid effectiveness. Report presented to the Development Committee on aid Effectiveness, September, 2005, DC2005-0020, World Bank, Washington, DC.
  • Zegeye, AA, 2000. U.S. Public infrastructure and its contribution to private sector productivity. BLS Working Paper 329, U.S. Department of Labor, Bureau of Labor Statistics.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.