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A disaggregated Marshallian macroeconometric model of South Africa

Thesis (PhD)--University of Pretoria, 2009.

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Other Authors: Du Toit, Charlotte Barbara
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Du Toit, Charlotte Barbara
author_browse Du Toit, Charlotte Barbara
author_facet Du Toit, Charlotte Barbara
collection Thesis
dc_rights_str_mv © 2009, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Thesis (PhD)--University of Pretoria, 2009.
format Thesis
id oai:repository.up.ac.za:2263/28158
institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:36:19.085Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/28158 A disaggregated Marshallian macroeconometric model of South Africa Du Toit, Charlotte Barbara Van Eyden, Renee jacques.kibambe@up.ac.za Ngoie, Jacques Kibambe Strengthening production activities Rising public expenditures Human capital in sectoral growth Forecasting ability and policy guidance UCTD Thesis (PhD)--University of Pretoria, 2009. The thesis enticingly describes a synergetic mix of productivity related topics at macroeconomic level. It aims at whetting potential readers to understand in more insightful ways topics such as: (1) the use of human capital in sectoral growth; (2) the role played by rising public expenditures (health and education) in strengthening production activities; (3) the role played by disaggregation in improving models’ forecasting ability and policy guidance; etc. The current research constitutes a valuable tool for understanding and predicting a country’s overall economic behavior and the behavior of important industrial sectors. In the present study, lack of data on important variables at sectoral level led to the use of advanced econometric estimation methods such as the implied transfer function equations system. As cited in the thesis, the literature reports a set of interesting economic investigations in this field that have been successful in describing some of the features included in this study. However, this research not only enhances the theoretical discussion on the issue but also provides empirical evidence using South African data. It is anticipated that further use and development of the outcomes of this thesis will yield additional explanatory, predictive and policy-making results that will be useful to many. In addition to the usefulness of this thesis’ contribution to the body of knowledge, several suggestions for further improvement are considered. Most predominantly, the work presented in this thesis has been reported in two interrelated papers (chapters). In the first paper, a methodical discussion is provided on the use and the size of social ingredients estimated as the level of normalized human capital per capita together with the conditional convergence process applied to South African sectoral growth. In the second paper, the parameters obtained are embodied into a full-fledged Macroeconometric (Marshallian) Model employing South African economic sectors. In fact, the second paper goes beyond the simple discussion of a Disaggregated Macroeconometric Model. It provides a comprehensive analysis of the effects that freedom (Thatcher-like) reforms may induce to the South African economy. Economics unrestricted 2013-09-07T12:59:33Z 2009-10-09 2013-09-07T12:59:33Z 2009-09-01 2009-10-09 2009-09-24 Thesis Ngoie, JK 2009, A disaggregated Marshallian macroeconometric model of South Africa , PhD thesis, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/28158 > D657/ag http://hdl.handle.net/2263/28158 http://upetd.up.ac.za/thesis/available/etd-09242009-231908/ © 2009, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf application/pdf application/pdf application/pdf University of Pretoria
spellingShingle Strengthening production activities
Rising public expenditures
Human capital in sectoral growth
Forecasting ability and policy guidance
UCTD
A disaggregated Marshallian macroeconometric model of South Africa
title A disaggregated Marshallian macroeconometric model of South Africa
title_full A disaggregated Marshallian macroeconometric model of South Africa
title_fullStr A disaggregated Marshallian macroeconometric model of South Africa
title_full_unstemmed A disaggregated Marshallian macroeconometric model of South Africa
title_short A disaggregated Marshallian macroeconometric model of South Africa
title_sort disaggregated marshallian macroeconometric model of south africa
topic Strengthening production activities
Rising public expenditures
Human capital in sectoral growth
Forecasting ability and policy guidance
UCTD
url http://hdl.handle.net/2263/28158
http://upetd.up.ac.za/thesis/available/etd-09242009-231908/