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Infrastructure, institutions and economic growth : a time-series study of the South African economy

Includes abstract.

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Bibliographic Details
Main Author: Garlick, Robert J
Other Authors: Fedderke, Johan
Format: Thesis
Language:English
Published: School of Economics 2014
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access_status_str Open Access
author Garlick, Robert J
author2 Fedderke, Johan
author_browse Fedderke, Johan
Garlick, Robert J
author_facet Fedderke, Johan
Garlick, Robert J
author_sort Garlick, Robert J
collection Thesis
description Includes abstract.
format Thesis
id oai:open.uct.ac.za:11427/5787
institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:40:27.093Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2014
publishDateRange 2014
publishDateSort 2014
publisher School of Economics
publisherStr School of Economics
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/5787 Infrastructure, institutions and economic growth : a time-series study of the South African economy Garlick, Robert J Fedderke, Johan Economics Includes abstract. Includes bibliographical references (leaves 39-43). A growing empirical has analysed the historical relationship between infrastructure and output in South Africa, finding a broadly positive effect that operates largely via the marginal productivity of private capital. We extend this literature by investigating the relationship between infrastructure, output and institutional quality: protection of property rights, political fractionation and political and economic risk. We develop a model in the spirit of Barro (1990), which predicts a nonlinear relationship between infrastructure and output (positive at low levels of infrastructure and subsequently negative) and a positive effect of institutional capital on both output and the response of output to changes in infrastructure stock. 2014-07-31T12:28:09Z 2014-07-31T12:28:09Z 2008 Master Thesis Masters MCom http://hdl.handle.net/11427/5787 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Economics
Garlick, Robert J
Infrastructure, institutions and economic growth : a time-series study of the South African economy
thesis_degree_str Master's
title Infrastructure, institutions and economic growth : a time-series study of the South African economy
title_full Infrastructure, institutions and economic growth : a time-series study of the South African economy
title_fullStr Infrastructure, institutions and economic growth : a time-series study of the South African economy
title_full_unstemmed Infrastructure, institutions and economic growth : a time-series study of the South African economy
title_short Infrastructure, institutions and economic growth : a time-series study of the South African economy
title_sort infrastructure institutions and economic growth a time series study of the south african economy
topic Economics
url http://hdl.handle.net/11427/5787
work_keys_str_mv AT garlickrobertj infrastructureinstitutionsandeconomicgrowthatimeseriesstudyofthesouthafricaneconomy