The impact of infrastructure investment on economic growth in South Africa

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dc.contributor.advisorKaseeram, I
dc.contributor.advisorContogiannis, E.
dc.contributor.authorVukeya, Veron
dc.date.accessioned2015-11-24T07:41:52Z
dc.date.available2015-11-24T07:41:52Z
dc.date.issued2015
dc.descriptionA thesis submitted to the Faculty of Commerce, Administration and Law in fulfilment of the requirements for the Degree of Master of Commerce (Economics) in the Department of Economics at the University of Zululand, South Africa, 2015en_US
dc.description.abstractThe South African government has, in recent years, set up various economic and social infrastructure programmes in an attempt to curb the country’s infrastructure deficit and hence accelerate economic growth and employment creation as prescribed by the national growth path (NGP), national development plan (NDP) and other authoritative documents. This research study uses single and multiple equation methodologies to provide an econometric assessment of the impact of government economic and social infrastructure investment on South African economic growth for the period 1983 – 2013. This study does so by ascertaining the relationship between these two forms of infrastructure investment and economic growth and analysing their impact on other macroeconomic variables such as private investment and employment. Overall findings reveal that in the long run, economic infrastructure investment is an important determinant of growth while social infrastructure investment crowds-out economic growth and private investment. The causality patterns found in this study suggest that growth tends to cause economic infrastructure investment. Conversely, no causal linkages were detected between growth and social infrastructure investment.en_US
dc.description.sponsorshipNational Research Funden_US
dc.identifier.urihttps://hdl.handle.net/10530/1419
dc.language.isoenen_US
dc.publisherUniversity of Zululanden_US
dc.subjecteconomic growth --infrastructure investment --South Africaen_US
dc.titleThe impact of infrastructure investment on economic growth in South Africaen_US
dc.typeThesisen_US
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