Deregulation of the Liquid Fuels Sector In South Africa
J H P van Heerden and
C Odendaai
Studies in Economics and Econometrics, 2001, vol. 25, issue 1, 89-103
Abstract:
South Africa may consider deregulating its liquid fuels sector further. The major concern is that this may harm the South African economy and specifically the worker in South Africa. Bearing in mind that the expanded unemployment rate is 37,6% and that more than 7,72 million workers commute daily with taxis and busses while more than a million farm workers will be influenced by a, further deregulation of the liquid fuels sector, it is necessary to predict what the effect of a further deregulation will have on the petrol and diesel prices and its volatility. In order to perform this prediction a study was made on the effect that the deregulation of the liquid fuel sector had in Australia. An econometric analysis is also presented.
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rseexx:v:25:y:2001:i:1:p:89-103
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DOI: 10.1080/26935198.2001.12461466
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