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Persistent link: https://ebvufind01.dmz1.zbw.eu/10011414232
This paper provides an empirical analysis of the role of house prices in determining the dynamic behaviour of consumption in South Africa using a panel vector autoregression (PVAR) approach to provincial level panel data covering the period of 1996 to 2010. With the shocks being identified using...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009654183
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010393658
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Persistent link: https://ebvufind01.dmz1.zbw.eu/10011311387
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Persistent link: https://ebvufind01.dmz1.zbw.eu/10011710601
South Africa's electricity consumption has increased sharply since the early 1990s. Here we conduct a sectoral decomposition analysis of the electricity consumption for the period 1993 to 2006, to determine the main drivers of this increase. The results show that the increase was due mainly to...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10008854383
Improving a country’s electricity efficiency is considered one of the important ways to reduce its greenhouse gas emissions and to meet its commitments concerning climate change mitigation. In this paper, we conduct a comparative analysis between South Africa and OECD members’ total and...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10008855513
Evidence in favour of the monetary model of exchange rate determination for the South African Rand is at best mixed. A co-integrating relationship between the nominal exchange rate and fundamentals forms the basis of the monetary model. With the econometric literature suggesting that it is the...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10009370795