文章基本信息

标题：Transport Infrastructure Investment and Transport Sector Productivity on Economic Growth in South Africa (1975-2011)
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作者：Priviledge Cheteni
期刊名称：Mediterranean Journal of Social Sciences
电子版ISSN：2039-2117
出版年度：2013
卷号：4
期号：13
页码：761-772
DOI：10.5901/mjss.2013.v4n13p761
出版社：Mediterranean Center of Social and Educational Research (MCSER)
摘要：This paper examines the impact of transport infrastructure investment and transport sector productivity on South African economic growth for the period 1975-2011.We use a Vector Error Correction Model and a Bayesian Vector Autoregressive model as empirical tools.The models provide an insight into the dynamic shocks on economic growth through impulse responses.The VECM reveals that economic growth is influenced by inflation, domestic fixed transport investments, and real exchange rate, yet on the BVAR model it was influenced by inflation, domestic fixed transport investments, multi factor productivity, real exchange rate and second period Gross Domestic Product.
关键词：South Africa;Transport infrastructure;economic growth;transport sector;productivity