Johannes Fedderke

TL;DR: In this paper, the authors study the impact of foreign direct investment in South Africa and find that foreign investment has tended to be capital intensive, suggesting that FDI has been horizontal rather than vertical, implying a positive technological spillover from foreign to domestic capital.

TL;DR: In this paper, the authors examined the relationship between investment in economic infrastructure and long-run economic growth by examining the experience of South Africa in a time-series context and found that investment in infrastructure does appear to lead economic growth in South Africa and does so both directly and indirectly (the latter by raising the marginal productivity of capital).

TL;DR: In this paper, the authors study the impact of foreign direct investment in South Africa on the growth impact and the determinants of FDI in the long run, and find that the complementarity of foreign and domestic capital implies a positive technological spillover from foreign to domestic capital.

TL;DR: In this article, the authors show that high markups have a large negative impact on productivity growth in South African manufacturing industry and that low level of product market competition has a negative effect on productivity.

TL;DR: This paper explored the question of infrastructure endogeneity in output equations and developed an instrumentation strategy generalizable to other contexts, and found that controlling for the possibility of endogeneity of infrastructure measures rendered the impact of infrastructure capital not only positive, but of economically meaningful magnitudes.