4 research outputs found
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Appropriate analytical tools for economy-wide analysis of employment creating policies in South Africa
AprilThis concept paper explores the usefulness of appropriate analytical tools to undertake economy-wide analysis for employment creating policies in South Africa. The compilation is neither complete nor exhaustive. We start with some background to the HSRC concerns about the lack of employment creating policies in South Africa, as this forms the context of our overview. We then pay some attention to the crucial importance of quantitative analysis and economy-wide consistency, followed by an appropriate database and modelling framework to undertake such analysis. We review databases and analytical frameworks that have been used in the past in South Africa. A number of other modelling frameworks of potential interest to the HSRC are also reviewed in Section 6. We then turn to what could be considered as ideal modelling framework for the HSRC. Finally, given limited resources we make recommendation as to a workable set of modelling frameworks and some notes about the need for capacity building
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The economy-wide effects of price-reducing reforms in infrastructure industries in South Africa
FebruaryPrices of infrastructure services in South Africa may be higher than in other countries because of imperfect competition, because of non-tariff barriers to trade or because of inefficiencies in production. A static CGE model is used to analyse the economywide
effects of reducing plausible estimates of high prices from each of these causes in telecommunications and transport. Demand for labour is found to rise significantly. Indirect effects mean that some non-reforming sectors are affected more than the reforming sectors. Income distribution is changed, with poorest and richest households benefiting more than middle income ones. The effect of the three reforms together is generally greater than the sum of their impacts taken separately. A bottleneck in supplies of high skilled labour not only reduces the level of the impact but also changes its sectoral and household composition