Assessing inflation targeting and its communication
It is less onerous to achieve policy objectives when they are clear, credibly implemented and appropriately communicated, all of which reduces uncertainty
Nov 2019
Policy Briefs
Relating public and private remuneration
The study explores remuneration patterns in South Africa between 2000 and 2017, with a focus on the relationship between public- and private-sector earnings. Although remuneration is likely to increase over time in both sectors, this does not necessarily mean these increases are related to each other.
Nov 2019
The effects of presentation formats in choice experiments
In most choice experiment studies in environmental economics, the attributes of non-traded environmental goods are communicated to respondents in the form of a table consisting of verbal descriptions. The table normally consists of attributes, their detailed descriptions, and levels. Thereafter,...
Nov 2019
Capital Account Liberalization and Capital Flows to Sub-Saharan Africa: A Panel Threshold Approach
Capital inflows to Sub-Saharan Africa have been increasing over the past couple of decades largely due to ever increasing globalization and an increase in world capital flows. Furthermore, SSA have been pursuing rapidly increasing capital account liberalization over the past couple of years.
Oct 2019
Spatial dependence of per capita property tax income in South Africa
South African municipalities rely on income from property tax and other sources to provide a range of services to communities. Indeed, property tax is an important income source, in particular for municipalities in urban areas where the property market is well functioning and developed.
Oct 2019
Farm diversification and climate change: implications for food security in northern Namibia
Background Risk is inherent in small-scale rain-fed agricultural production. Farmers have to contend with seasonal weather uncertainties, the threat of pests and diseases, post-harvest losses, among other risks. These risks are now being exacerbated by the effects of a changing climate, which is...
Oct 2019
The relationship between renewable energy and retail electricity prices: Panel evidence from OECD countries
The centrality of electricity to everyday life is indisputable, and the price thereof can have significant implications. Previous literature is inconclusive over the effect of the renewable energy share in the energy mix on retail electricity price as country-specific regulatory policy has a...
Oct 2019
The effect of price and non-price policies on cigarette consumption in South Africa
The health consequences of smoking are quite enormous and have been detailed on countless occasions. As a result of the elevated risk of smoking-related diseases, a smoker from early life can be expected to die about 6 years earlier than a comparable non-smoker.
Oct 2019
Skills, employment, strong local institutions and good relationships between people and parks can counter subsistence poaching
Subsistence poaching can severely threaten biodiversity and community livelihoods. It can lead to a decrease in wildlife abundance, and in the worst cases, extinction of certain species. This can have devastating ripple effects throughout ecosystems, jeopardize food security and impact on rural...
Sep 2019
Adapting Herzberg: Predicting Attendees’ Satisfaction and Intention to Re-Visit a Local Festival in Cameroon – An Ordered Logit Approach
Globally, the tourism sector has been identified as crucial to attaining the goal of sustainable development. Its effectiveness as a tool for sustainable development lies in its potential to promote local economic development by creating both economic, environmental and socio-cultural...
Sep 2019