The barrier model of productivity growth: South Africa
MetadataShow full item record
- Discussion Papers 
Abstract: The barrier model of productivity growth suggests that individual country productivity is related to the world technology frontier disturbed by national barriers. We offer a country study of the barrier model exploiting the dramatic changes in the linkages to the world economy in South Africa. The productivity growth in the manufacturing sector panel for 1970-2003 covers a period of political and economic turbulence and international sanctions. The econometric analysis uses tariffs as measure of barrier and fixed effects estimation to concentrate inference to time series properties. The model shows how productivity growth can be understood as a combination of world frontier growth and the tariff barrier to international spillovers. The estimates establish a long run relationship where domestic productivity follows the world frontier and with change of the barrier affecting transitional growth. Keywords: Barriers to growth, technology spillover, South Africa, total factor productivity, econometric analysis
PublisherStatistics Norway, Research Department
SeriesDiscussion Papers;No. 425
Showing items related by title, author, creator and subject.
Markets where buyers also are sellers : how realized home equity may work as an accelerator of house prices Larsen, Erling Røed (Discussion Papers;No. 618, Working paper, 2010)Abstract: The house price level is a function of buyers’ realized home equity, and buyers’ realized home equity is a function of the house price level. This interdependence follows from the fact that buyers are sellers ...
Larsson, Jan; Telle, Kjetil (Discussion Papers;No. 411, Working paper, 2005)Abstract: The Integration Pollution and Prevention Control (IPPC) directive from the European Union implies that the regulatory emission caps should be set in accordance with each industry’s Best Available Techniques ...
Removing policy based comparative advantage for energy intensive production. Necessary adjustments of the real exchange rate and industry structure Bye, Torstein; Holmøy, Erling; Heide, Kim Massey (Discussion Papers;No. 462, Working paper, 2006)Abstract: National and international expansion of transmission networks and diminishing returns to scale in hydropower capacity expansion has raised the opportunity cost of electricity. The resulting changes in comparative ...