126 research outputs found

    The Impact of Hosting a Major Sport Event on the South African Economy

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    The impact of the sporting industry on economic decision making has increased dramatically since the global media explosion in the 1980s. Tourism and advertising revenues generated by these mega-events have become a major boost to the economies of hosting nations. In addition, globalisation has placed great emphasis on the importance of foreign direct investment (FDI), especially to developing countries. This paper seeks to examine the impact of the pre-event phase expenditure attributed to the hosting of the 2010 FIFA World Cup on the South African economy. In this phase, expenditure is mainly geared towards the construction and improvement of infrastructure required to successfully host the event. Using a Computable General Equilibrium (CGE) model developed specifically for the South African economy, the impact of the pre-event phase on the local economy is measured. It is found that there is a positive impact on most macroeconomic variables, including GDP and employment. With the potential economic benefits of the event and post-event phases of the World Cup also taken into account, it can be concluded with relative certainty that the impact of hosting a mega-event on the South African economy is beneficial towards achieving higher economic growth and development. In addition to analysing the impact of the 2010 FIFA World Cup, the outcomes are also used to briefly examine the feasibility of South Africa’s bid to host the 2011 IRB World Cup and the 2016 Olympic Games.computable general equilibrium, mega-events, economic development

    Dynamic regulation of yeast glycolysis through trehalose cycling: a probabilistic view of metabolic transitions

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    Teusink, B. [Promotor

    The effect of bypass protein supplementation on the reproductive performance of Merino sheep grazing mixed karoo veld

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    (South African J of Animal Science, 2000, 30, Supplement 1: 60-61

    Detection and characterisation of papillomavirus in skin lesions of giraffe and sable antelope in South Africa

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    Papillomavirus was detected electron microscopically in cutaneous fibropapillomas of a giraffe (Giraffa camelopardalis) and a sable antelope (Hippotragus niger). The virus particles measured 45 nm in diameter. Histopathologically, the lesions showed histopathological features similar to those of equine sarcoid as well as positive immunoperoxidase-staining of tissue sections for papillomavirus antigen. Polymerase chain reaction (PCR) detected bovine papillomavirus (BPV) DNA. Bovine papillomavirus-1 was characterised by real-time PCR in the sable and giraffe, and cloning and sequencing of the PCR product revealed a similarity to BPV-1. As in the 1st giraffe, the lesions from a 2nd giraffe revealed locally malignant pleomorphism, possibly indicating the lesional end-point of papilloma infection. Neither virus particles nor positively staining papillomavirus antigen could be demonstrated in the 2nd giraffe but papillomavirus DNA was detected by real-time PCR which corresponded with BPV-1 and BPV-2

    The possible effects of the extended lockdown period on the South African economy : a CGE analysis

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    The economic effects of the lockdown period in South Africa will be devastating. We simulated the industry level capacity constraints imposed by the lockdown regulations since 27 March 2020 on all industries in South Africa by reducing the amount of capital and labour available for production. We found a decrease in real GDP to 10% below the baseline level in 2020, and recovery of all industries and macroeconomic variables towards the baseline by 2027. Industries that are suffering and would continue to suffer are the hospitality and tourism industry and all industries related to it, such as transport services, as well as beverages and tobacco. Manufacturing in general is also hard hit because they were prohibited to let large groups of labourers enter their premises. The model shows that most manufacturing will suffer throughout the forecast period, which was modelled up to 2027.http://wileyonlinelibrary.com/journal/saje2022-11-08hj2022Economic

    Constructing a CGE database using GEMPACK for an African country

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    This paper describes how we transformed the 2002 Ugandan Supply Use Table (SUT) into the required structure of a database for the static UgandanCGEmodel Dixon et al. (ORANI: A multisectoral model of the Australian economy, 1982). We describe the unique features captured in the Ugandan SUT as well as that of the CGE database. We highlight the structural differences of the published data and that of the CGE database. In describing the SUT we identify data issues, such as negative capital rentals and omitted data entries that had to be addressed before the database could be constructed. The ideas put forward in this paper describe, in a pragmatic manner, not only how to transform published data into a CGE database, but also how to create an additional sector in the CGE database. For the Ugandan CGE database, we created an additional Oil sector.http://link.springer.com/journal/106142016-12-31hb2016Economic

    The dividends from a revenue neutral tax on coal in South Africa

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    South Africa is endowed with a significant proportion of the world's coal reserves, which is used relatively cheaply to supply in more than 75 per cent of the country's energy needs. In terms of its per capita South Africa is one of the largest air polluters in the world. Even higher on the list of social preferences in South Africa, however, is the problem of unemployment, which also ranks amongst the highest in the world. In this paper we use a Computable General Equilibrium (CGE) model to simulate fiscal policy scenarios that address both these problems, and try to establish a "double dividend", namely a reduction in CO2 levels of pollution as well as a reduction in unemployment levels

    Fantasy proneness, but not self-reported trauma is related to DRM performance of woman reporting recovered memories of childhood sexual abuse

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    Extending a strategy previously used by Clancy, Schacter, McNally, and Pitman (2000), we administered a neutral and a trauma-related version of the Deese-Roediger-McDermott paradigm to a sample of women reporting recovered (n = 23) or repressed memories (n = 16) of childhood sexual abuse (CSA), women reporting having always remembered their abuse (n = 55), and women reporting no history of abuse (n = 20). We found that individuals reporting recovered memories of CSA are more prone than other participants to falsely recalling and recognizing neutral words that were never presented. Moreover, our study is the first to show that this finding even held when trauma-related material was involved. Correlational analyses revealed that fantasy proneness, but not self-reported traumatic experiences and dissociative symptoms were related to false recall and false recognition

    Water resource accounting for Uganda : use and policy relevancy

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    This paper uses the system of economic and environmental accounting for water to demonstrate how the water sector interacts with the social-economic sectors of the economy. Furthermore, it reviews the existing institutional and policy framework in Uganda, and proposes an analytical framework which can be used to provide sound intersectoral planning in order to achieve sustainable water resource use. The proposed framework also articulates how outcomes of water policies and social-economic policies can be analyzed. In Uganda, the uneven distribution of water resources both in space and time, poses constraints to economic activity particularly in the water-scarce regions of the country. The problem is being exacerbated by the increasingly erratic rainfall and rising temperatures. The accounting results show that the current level of water use within the economy is less than the available quantity. In this regard, there is room for the development of mechanisms to increase its utilization. This would serve to mitigate the scarcity especially of water for production which primarily emanates from climate variability. This in turn affects the performance of the economy, as key sectors such as agriculture are rainfall-dependent.The Carnegie Corporation of New York under the Next Generation of African Academics (NGAA II) project, and Economic Research Southern Africa (ERSA).http://www.iwaponline.com2016-08-31hb2016Economic
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