Publications (2702)

The South African economy is generally understood to be characterised by high levels of product market concentration and high firm markups. This paper reviews the existing literature and discusses what can be learnt from new administrative firm-level panel data. I present new ...

This paper argues that in weak states, leaders whose hold on power is secured by the public fortune have turned to the use of sovereign wealth funds (SWFs), especially unofficial SWFs, to cement their hold on power. Unofficial SWFs are private funds created from resource rents...

Examining the economy-wide consequences of South Africa following a similar trajectory of labour market polarization to the rest of the world requires an appropriate database for an economy-wide policy analysis framework. This paper describes how a 2015 South Africa social accounting matrix (...

In the widely used class of multidimensional poverty measures introduced by Alkire and Foster (2011), dimension-specific weights combined with a single cut-off parameter play a fundamental role in identifying who is multidimensionally poor. This paper revisits how these parameters are...

We analyse income and expenditure distribution in China in a comparative perspective with India. These countries represent extreme cases in the relationship of inequality to both wellbeing indicators. Income is more highly concentrated than expenditure in India, especially at the top of the...

In recent decades, the impact of South African foreign direct investment in Africa has been captured by research and policy. This paper investigates linkages and spillover effects of South African foreign direct investment in Botswana and Kenya. The study uses primary data to investigate...

Southern African countries—mainly Zambia and the Democratic Republic of the Congo—account for around a seventh of global production of copper. In the 2010s, they imported over a third of the associated capital goods and components from South Africa. Given this strength, some...

Mozambique is among the most disaster-prone countries in the world. A bigger than usual, and mostly unexpected, flood occurred in the central-northern region of the country in the first few months of 2015, causing huge damage to infrastructures. In this paper, we use a nationally...

Employing the difference-in-differences technique, this study examines the impact of the Employment Tax Incentive programme on a large sample of South African firms from 2011 to 2016. It finds that programme firms expanded investments by 4.8 per cent, and profits by 5.7 per cent. Consistent...

The level of educational attainment in Mozambique is one of the lowest in the world and primary school completion rate is also very low, not reaching 40 per cent. Using data from the Mozambican Household Budget Survey 2014/15, we study (1) the determinants of school dropout; (2) the variables...

Regional integration is making steady progress in Africa and a key objective is to improve the prospects for industrialization by expanding the regional market. This paper draws on a combination of trade data analysis and industry case studies to better understand the links and synergies between...

Traditionally, analysts of the South African labour market have used household survey data to describe earnings and employment in the post-Apartheid period. More recently, administrative data from the South African Revenue Service has been made available, which allows for comparisons and an...

Misallocation of labour and capital can greatly reduce aggregate productivity. In this study, we use tax administrative data to examine the extent of resource misallocation in the South African context. In addition, we zoom in on how different government incentives affect the allocation (or...

Understanding wealth inequality has unique significance in South Africa. The co-existence of extreme poverty and extreme wealth is starkly visible. Apartheid-era inequality has persisted despite more than 20 years of democracy. Much of the research on inequality has focused on inequality of...

The goal of this paper is to examine the impact of human rights on income distribution and poverty by exploring how both aid and trade can influence poverty and income distribution through human rights. The analysis employs data for 125 countries and uses a number of panel data methods. The...

This paper examines whether digitalization can be a driver of ‘upgrading’ in global value chains and help developing countries move into higher value-added activities. In particular, the paper provides empirical evidence on the impact of digital capabilities on product upgrading in...