Infrastructure, institutions and economic growth : a time-series study of the South African economy

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dc.contributor.advisorFedderke, Johanen_ZA
dc.contributor.authorGarlick, Robert Jen_ZA
dc.date.accessioned2014-07-31T12:28:09Z
dc.date.available2014-07-31T12:28:09Z
dc.date.issued2008en_ZA
dc.descriptionIncludes abstract.
dc.descriptionIncludes bibliographical references (leaves 39-43).
dc.description.abstractA growing empirical has analysed the historical relationship between infrastructure and output in South Africa, finding a broadly positive effect that operates largely via the marginal productivity of private capital. We extend this literature by investigating the relationship between infrastructure, output and institutional quality: protection of property rights, political fractionation and political and economic risk. We develop a model in the spirit of Barro (1990), which predicts a nonlinear relationship between infrastructure and output (positive at low levels of infrastructure and subsequently negative) and a positive effect of institutional capital on both output and the response of output to changes in infrastructure stock.en_ZA
dc.identifier.apacitationGarlick, R. J. (2008). <i>Infrastructure, institutions and economic growth : a time-series study of the South African economy</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/5787en_ZA
dc.identifier.chicagocitationGarlick, Robert J. <i>"Infrastructure, institutions and economic growth : a time-series study of the South African economy."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 2008. http://hdl.handle.net/11427/5787en_ZA
dc.identifier.citationGarlick, R. 2008. Infrastructure, institutions and economic growth : a time-series study of the South African economy. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Garlick, Robert J AB - A growing empirical has analysed the historical relationship between infrastructure and output in South Africa, finding a broadly positive effect that operates largely via the marginal productivity of private capital. We extend this literature by investigating the relationship between infrastructure, output and institutional quality: protection of property rights, political fractionation and political and economic risk. We develop a model in the spirit of Barro (1990), which predicts a nonlinear relationship between infrastructure and output (positive at low levels of infrastructure and subsequently negative) and a positive effect of institutional capital on both output and the response of output to changes in infrastructure stock. DA - 2008 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2008 T1 - Infrastructure, institutions and economic growth : a time-series study of the South African economy TI - Infrastructure, institutions and economic growth : a time-series study of the South African economy UR - http://hdl.handle.net/11427/5787 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/5787
dc.identifier.vancouvercitationGarlick RJ. Infrastructure, institutions and economic growth : a time-series study of the South African economy. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 2008 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/5787en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherEconomicsen_ZA
dc.titleInfrastructure, institutions and economic growth : a time-series study of the South African economyen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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