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

In: The Rise of Technological Power in the South

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  • David Kaplan

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).

Suggested Citation

  • David Kaplan, 2010. "Science and Technology and Economic Growth in South Africa: Performance and Prospects," Palgrave Macmillan Books, in: Xiaolan Fu & Luc Soete (ed.), The Rise of Technological Power in the South, chapter 5, pages 107-124, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-27612-3_6
    DOI: 10.1057/9780230276123_6
    as

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