Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Does public infrastructure investment contribute to economic growth in South Africa?
Jönköping University, Jönköping International Business School, JIBS, Economics.
Jönköping University, Jönköping International Business School, JIBS, Economics.
2019 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

For any developing country, infrastructure is at the core of economic growth and development. South Africa has a modern and well-developed transport infrastructure. The air and rail networks are the largest on the continent, and roads in good condition. To this degree of quality and quantity the purpose of this paper is to investigate whether or not public infrastructure investment contributes to economic growth, which is denoted as GDP per capita in this paper. The period of research is from 1960-2017. The Granger Causality method is applied, to find if a causal relationship exists between these two variables. Additionally, a log-log n OLS name of regression regression will beis run to see how variables, other than public infrastructure investment, affect GDP per capita. The endogenous growth theory is used as the main theory, in order to capture the essence of how the government endogenously affects output per capita in an economy. Findings reveal that there is a unidirectional relationship between public infrastructure investment and economic growth in South Africa. The direction of the causal relationship runs from public infrastructure investment to GDP per capita. Additionally, the infrastructure investment is found to be significant in the logged regression.  run. Which could impliesy that it affects economic growth. For further interest, a dummy variable was added in the regression to check whether the structural break in 1994 in South Africa has significantaffects the interpretation of the results.  changes in interpretation of results.This yielded in no significant changes in the results for infrastructure investment and GDP per capita.  (structural break and more important findings) (variables?) (what organisations can use these findings forFurther, Oorganisations and policy makers can use this paper as an indicator of how infrastructure investment plays a role in an economy, especially in developing countries.

Place, publisher, year, edition, pages
2019. , p. 25
Keywords [en]
Infrastructure investment ; Economic growth
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-44437ISRN: JU-IHH-NAA-1-20190134OAI: oai:DiVA.org:hj-44437DiVA, id: diva2:1323869
Subject / course
JIBS, Economics
Examiners
Available from: 2019-06-20 Created: 2019-06-12 Last updated: 2019-06-20Bibliographically approved

Open Access in DiVA

fulltext(369 kB)50 downloads
File information
File name FULLTEXT01.pdfFile size 369 kBChecksum SHA-512
68e6e81ffab31bb03a0c04cc0229db413459af871b9dc8693ab849b409824b2cd5916a41d6a6341deb10a9d1e7a53df44ccb261661898ed2863c127dbc7e486a
Type fulltextMimetype application/pdf

By organisation
JIBS, Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 50 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 64 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf