Journal ArticleDOI
Indicators of political liberty, property rights and political instability in South Africa: 1935-97
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This article is published in International Review of Law and Economics.The article was published on 2001-03-01. It has received 108 citations till now. The article focuses on the topics: Right to property & Political culture.read more
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Growth Impact and Determinants of Foreign Direct Investment into South Africa, 1956-2003
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.
Journal ArticleDOI
Infrastructural investment in long-run economic growth: South Africa 1875–2001
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).
Journal ArticleDOI
Growth impact and determinants of foreign direct investment into South Africa, 1956–2003
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.
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Infrastructure and Growth in South Africa: Direct and Indirect Productivity Impacts of 19 Infrastructure Measures
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.
Journal ArticleDOI
Modelling the determinants of capital flows and capital flight: with an application to South African data from 1960 to 1995
Johannes Fedderke,W Liu +1 more
TL;DR: In this article, the relative sensitivity of four alternative measures of capital flows or flight to their determinants was examined and the policy implications in favour of a stable and transparent policy environment as a means of attracting capital flows is invariant between balance of payments and alternative capital flight measures.
References
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Social Capital in the Creation of Human Capital
TL;DR: In this paper, the concept of social capital is introduced and illustrated, its forms are described, the social structural conditions under which it arises are examined, and it is used in an analys...
Book
Institutions, Institutional Change and Economic Performance
TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
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Institutions, Institutional Change, and Economic Performance
Douglass C. North,John Alt +1 more
TL;DR: In this article, the authors examine the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic institutions explains the differential performance of economies through time.
Book
Foundations of Social Theory
TL;DR: In this article, a new approach to describing both stability and change in social systems by linking the behavior of individuals to organizational behavior is proposed. But the approach is not suitable for large-scale systems.
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“Bowling Alone: America’s Declining Social Capital”
TL;DR: Putnam as discussed by the authors showed that crucial factors such as social trust are eroding rapidly in the United States and offered some possible explanations for this erosion and concluded that the work needed to consider these possibilities more fully.