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Infrastructure and Growth in South Africa: Benchmarking, Productivity and Investment Needs, paper presented at Economic Society of South Africa (ESSA) Conference, Durban, 9/7-9/2005

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  • Zeljko Bogetic

    (The World Bank)

  • Johannes Fedderke

    (University of Cape Town, South Africa)

Abstract

The paper provides three principal results. First, we benchmark South African infrastructure performance in terms of access, pricing, and quality against key comparator groups of countries using the most recent World Bank benchmarking data base (2005). Second, we establish clear empirical links between infrastructure and productivity using South African time-series data. And third, we estimate long-run demand for electricity and telephony using a panel of 52 low-income and middle- income countries for the period 1980-2002 and then project investment needs in these sectors until 2010. Our projections indicate average annual electricity generating requirement of US$0.5 billion or about 0.2% of GDP, and US$1.98 billion or 0.75% of GDP for telephony.

Suggested Citation

  • Zeljko Bogetic & Johannes Fedderke, 2005. "Infrastructure and Growth in South Africa: Benchmarking, Productivity and Investment Needs, paper presented at Economic Society of South Africa (ESSA) Conference, Durban, 9/7-9/2005," Public Economics 0510006, EconWPA.
  • Handle: RePEc:wpa:wuwppe:0510006
    Note: Type of Document - pdf; pages: 58
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Fedderke, J.W. & Perkins, P. & Luiz, J.M., 2006. "Infrastructural investment in long-run economic growth: South Africa 1875-2001," World Development, Elsevier, vol. 34(6), pages 1037-1059, June.
    2. Chaminuka, P. & Senyolo, G.M. & Makhura, Moraka Nakedi & Belete, Abenet, 2008. "A factor analysis of access to and use of service infrastructure amongst emerging farmers in South Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 47(3), September.
    3. Bogetic, Zeljko & Fedderke, Johannes W., 2006. "Forecasting investment needs in South Africa's electricity and telecommunications sectors," Policy Research Working Paper Series 3829, The World Bank.
    4. Bogetic, Zeljko & Fedderke, Johannes W., 2006. "International benchmarking of South Africa's infrastructure performance," Policy Research Working Paper Series 3830, The World Bank.
    5. Bogetic, Zeljko & Fedderke, Johannes W., 2006. "International benchmarking of infrastructure performance in the Southern African Customs Union Countries," Policy Research Working Paper Series 3987, The World Bank.
    6. Kolomak, E., 2011. "Efficiency of Infrastructure Capital in Russia," Journal of the New Economic Association, New Economic Association, issue 10, pages 74-93.
    7. Wolassa Lawisso Kumo, 2017. "Working Paper 263 - Factor Productivity and Potential Output Growth in South Africa," Working Paper Series 2374, African Development Bank.
    8. żeljko Bogetić & Johannes w. Fedderke, 2006. "Forecasting Investment Needs In South Africa'S Electricity And Telecom Sectors," South African Journal of Economics, Economic Society of South Africa, vol. 74(3), pages 557-574, September.

    More about this item

    Keywords

    infrastructure; growth; productivity; investment; South Africa;

    JEL classification:

    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D6 - Microeconomics - - Welfare Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • H - Public Economics
    • O - Economic Development, Innovation, Technological Change, and Growth
    • P - Economic Systems
    • E - Macroeconomics and Monetary Economics
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

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