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A Historical CGE Simulation of the South African Economy from 2006–2013: Analysing Changes in the Use of Primary Factors by Industries

Author

Listed:
  • Heinrich R. Bohlmann
  • Marthinus C. Breitenbach

Abstract

This paper uses a dynamic CGE model to help explain some apparent contradictions between changes in the structure of the South African economy and movements in related variables over the 2006 to 2013 period. Most notably, an increase in the capital-labour ratio was identified, despite a relative increase in the price of capital rentals. To […]

Suggested Citation

  • Heinrich R. Bohlmann & Marthinus C. Breitenbach, 2014. "A Historical CGE Simulation of the South African Economy from 2006–2013: Analysing Changes in the Use of Primary Factors by Industries," Working Papers 416, Economic Research Southern Africa.
  • Handle: RePEc:rza:wpaper:416
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    More about this item

    Keywords

    capital; Computable General Equilibrium (CGE) Modelling; Labour Market; South Africa; unemployment;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models

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