Science and Technology and Economic Growth in South Africa: Performance and Prospects

David Kaplan

Chapter 5 in The Rise of Technological Power in the South, 2010, pp 107-124 from Palgrave Macmillan

Abstract: Abstract The main contribution to economic growth in South Africa prior to the early 1990s resulted from factor accumulation — principally capital, but also labour. Technological progress, as measured by total factor productivity (TFP) growth effectively made no contribution. From the 1990s, however, the economy shed labour such that labour made a negative contribution to growth. With low levels of investment, capital made a much smaller, albeit positive, contribution to growth. TFP growth, by contrast, became the major source of growth (Fedderke, 2005: 10).

Keywords: Total Factor Productivity; Total Factor Productivity Growth; Grand Challenge; Patent Cooperation Treaty; South African Journal (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-27612-3_6

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DOI: 10.1057/9780230276123_6

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