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Reigniting economic growth: Lessons from three centuries of data

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Listed:
  • Edward Kerby
  • Roy Havemann

Abstract

We estimate that since 1701, South Africa has experienced 163 years of per capita growth of more than 1 per cent a year. These expansions include 55 years of sustained per capita GDP growth of more than 3 per cent a year – windfall periods that were related to the discovery of diamonds and gold, […]

Suggested Citation

  • Edward Kerby & Roy Havemann, 2021. "Reigniting economic growth: Lessons from three centuries of data," Working Papers 854, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:854
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    More about this item

    Keywords

    Colonial history; data; economic growth; Economic History; fiscal policy; South Africa; taxation;
    All these keywords.

    JEL classification:

    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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