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Human rights, political instability and investment in south Africa: a note

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  • Fielding, David

Abstract

This paper extends the model of Fielding (1999), which is designed to explain changes in investment in South Africa during the Apartheid period, by allowing a role for indicators of political instability and political and civil rights, as measured by Fedderke et al. (1999). The conclusions based on estimation of the original model are robust to the inclusion of the political factors, but these factors do explain some of the variation in investment over time.
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Suggested Citation

  • Fielding, David, 2002. "Human rights, political instability and investment in south Africa: a note," Journal of Development Economics, Elsevier, vol. 67(1), pages 173-180, February.
    • Handle: RePEc:eee:deveco:v:67:y:2002:i:1:p:173-180
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    References listed on IDEAS

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    1. Fedderke, Johannes & Klitgaard, Robert, 1998. "Economic Growth and Social Indicators: An Exploratory Analysis," Economic Development and Cultural Change, University of Chicago Press, vol. 46(3), pages 455-489, April.
    2. Jonathan Temple & Paul A. Johnson, 1998. "Social Capability and Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(3), pages 965-990.
    3. Fielding, David, 1999. "Manufacturing investment in South Africa: a time-series model," Journal of Development Economics, Elsevier, vol. 58(2), pages 405-427, April.
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    Cited by:

    1. Zvarivadza, T., 2018. "Sustainability in the mining industry: An evaluation of the National Planning Commission's diagnostic overview," Resources Policy, Elsevier, vol. 56(C), pages 70-77.
    2. Gadong Toma Dalyop, 2019. "Political instability and economic growth in Africa," International Journal of Economic Policy Studies, Springer, vol. 13(1), pages 217-257, January.
    3. James Heintz, 2002. "Capital Accumulation and Macro Policy in South Africa: Political Instability, Distributive Conflict, and Economic Institutions," Working Papers wp29, Political Economy Research Institute, University of Massachusetts at Amherst.

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    More about this item

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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