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Publications (5)
Technical Note
pdf
This technical note describes the compilation of a 2019 Social Accounting Matrix (SAM) for South Africa. SAMs are economy-wide databases that are used together with analytical techniques to strengthen evidence-based policy analysis. This SAM is based on a supply table and a use table for 2019...
Technical Note
pdf
– CIT-IRP5 panel v4.0
We update Kreuser and Newman’s (2018) total factor productivity estimates for the South African manufacturing sector using administrative data from 2009–17. We use standard implementations of the Ackerberg et al. (2015) and Wooldridge (2009) productivity estimators and introduce an implementation of...
Technical Note
pdf
– CIT-IRP5 panel v4.0
The identification of foreign firms and South African multinational enterprises (MNEs) in the CIT-IRP5 panel has proved to be a challenge for many researchers. The CIT-IRP5 panel contains variables indicating different thresholds that determine foreign ownership. The dataset also has variables that...
Much of the research on the impact of fiscal policy shocks on macroeconomic outcomes (e.g., fiscal multipliers) uses reduced-form modelling approaches such as vector auto-regressions to obtain empirical results. In a recent study1, we used this approach to estimate fiscal multipliers for South...
Despite the frequent use of fiscal policy for stabilization purposes, there remains significant uncertainty regarding the impact of fiscal policy decisions on macroeconomic outcomes. This impact is quantified by calculating fiscal multipliers. A fiscal multiplier measures the impact of government’s...
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