Are Managers' Perceptions of Constraints to Growth Reliable? Evidence from a Natural Experiment in South Africa

George Clarke

Journal of Globalization and Development, 2011, vol. 2, issue 1, 28

Abstract: During the World Bank's 2007-2008 Enterprise Survey, a major power crisis hit South Africa. Not surprisingly, this affected managers' perceptions about electricity--the percent saying power was a serious constraint increased from 11 to 49 percent. But managers' perceptions about other areas of the investment climate such as taxation, finance and regulation also deteriorated significantly, suggesting that managers do not compartmentalize their responses to questions about constraints. Other than for electricity, however, relative rankings did not change significantly. This suggests that policymakers using the survey to identify the main constraints would have identified similar constraints before and after the crisis.

Keywords: South Africa; perceptions; investment climate; firm surveys (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.2202/1948-1837.1132 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
Working Paper: Are Managers’ Perceptions of Constraints to Growth Reliable? Evidence from a Natural Experiment in South Africa (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:globdv:v:2:y:2011:i:1:n:3

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/jgd/html

DOI: 10.2202/1948-1837.1132

Access Statistics for this article

Journal of Globalization and Development is currently edited by Joseph E. Stiglitz, Kevin Gallagher, Jeronim Capaldo, Arjun Jayadev, José Antonio Ocampo and Dani Rodrik

More articles in Journal of Globalization and Development from De Gruyter
Bibliographic data for series maintained by Peter Golla ().