IDEAS home Printed from https://ideas.repec.org/p/adz/wpaper/202307.html

Introducing a South African Manufacturing Health Index (SA-MHI): Concept Paper

Author

Listed:
  • Justin Barnes

    (Toyota Wessels Institute for Manufacturing Studies, Gordon Institute of Business Science at the University of Pretoria, and B&M Analysts.)

Abstract

The South African manufacturing sector has been in decline for an extended period. While the evidence of this decline is clear, the underlying reasons for the negative trend are contested. To shift the discourse away from vested ideological positions and what often is dated information, this concept paper argues for introducing an AI-enabled Manufacturing Health Index for South Africa. Based on a quarterly and annual survey process and the use of AI to objectively analyse performance results, the MHI should accurately project the future performance of the South African manufacturing sector and lay bare the empirical reasons for positive or negative performance over time. The MHI will also identify subsector and regional differences, ensuring it becomes an invaluable tool for successful industrial policy development.

Suggested Citation

  • Justin Barnes, 2023. "Introducing a South African Manufacturing Health Index (SA-MHI): Concept Paper," SARChI-ID Working Papers 2023-07, SARChI Industrial Development (SARChI-ID), University of Johannesburg (UJ), revised May 2023.
    • Handle: RePEc:adz:wpaper:202307
    as

    Download full text from publisher

    File URL: https://www.uj.ac.za/wp-content/uploads/2021/10/sarchi-wp-2023-07-barnes-j--may-2023.pdf
    File Function: First version, 2023
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:adz:wpaper:202307. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Melanie Ridgard (email available below). General contact details of provider: https://edirc.repec.org/data/secujza.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.