Social Ingredients and Conditional Convergence in the Study of Sectoral Growth

Jacques Kibabmbe (), Renee van Eyden () and Charlotte du Toit ()
Additional contact information
Jacques Kibabmbe: Department of Economics, University of Pretoria
Charlotte du Toit: Department of Economics, University of Pretoria

No 200931, Working Papers from University of Pretoria, Department of Economics

Abstract: In this research article, we investigate the improved modelling ability and the outstanding policy advocacy of infusing health and education in sectoral growth equations of the South African economy. Our findings not only include improved and dependable modelling results but also provide distinct estimates of the returns on investment in health and education per sector using Iterative Seemingly Unrelated Regressions techniques. Additionally, this paper provides a theoretical description of the productivity effects of HIV/AIDS using sectoral equations. Also, this research investigates the diffusion process in the technological progress at the South African sectoral level and its impact on the study of social ingredients. Using a fixed effects model, some features of the diffusion process are explained.

Keywords: Coefficient of effectiveness; Diffusion process; Fixed effects model; Seemingly Unrelated Regressions (search for similar items in EconPapers)
JEL-codes: E23 I39 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2009-10
New Economics Papers: this item is included in nep-fdg and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.up.ac.za/media/shared/61/WP/wp151.zp39403.pdf (application/pdf)

Related works:
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:pre:wpaper:200931

Access Statistics for this paper

More papers in Working Papers from University of Pretoria, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Rangan Gupta ().