This paper explores how Southern Africa can leverage its mineral resources to support growth and industrialization. It considers the aggregate and spatial effects of transport infrastructure improvements, and the relative benefits of financing these...
This paper studies the general equilibrium impact of civil war in Sierra Leone. I first use an instrumental variable (IV) strategy and geographic conflict variation to estimate reduced-form effects. I show that civil war leads to affected areas...
Myanmar is facing climate change (CC) induced changes to the productivity of their critically important rice sector over the coming century. Moreover, the recent five-year Myanmarese Agriculture Development Strategy (ADS) sets out a vision of...
This study simulates the macro-micro economic impacts of the employment policy, focusing on hysteresis in youth unemployment in South Africa. Specifically, we apply a dynamic computable general equilibrium model to calibrate the 2015 South African...
This paper adds quantitative analysis to the study by Crompton et al. (2020), in which various alternative regulatory arrangements regarding the petrol price in South Africa were explored. We use a multi-sector dynamic computable general equilibrium...
We employ a micro-founded and stock-and-flow-consistent model to study the impact of a higher leverage ratio on the South African economy. The model provides a rich representation of institutional balance sheets. The relationship between bank capital...
Part of Journal Special Issue Bioenergy in Southern Africa
We develop a stock-and-flow-consistent model for South Africa with four financial instruments and detailed balance sheets for the household, government, financial, non-financial, and foreign sectors and the Reserve Bank. Though micro-founded, the...
This paper presents some methodological improvements made to the linked SATIM–eSAGE energy-economy-environment modelling framework for analysing energy and climate policy in South Africa. The improvements include the linking of the households and the...
Technical change impacts both the employment intensity of production and the composition of occupations and skills of employment. Artificial intelligence, automation, and robots are already leading to machines undertaking routinizable tasks...
The recent discovery of large fields of natural gas in Mozambique has led to great international interest and expectations of future gains. However, many resource-rich countries have struggled to achieve long-term sustainable growth, whether because...
Mozambique is one of the most promising African countries for producing biofuels and the national biofuel policy of 2009 identifies measures to incentivize biofuel production. Demand for biofuels in the Southern African Development Community is...
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