The purpose of this paper is to investigate the impact of real exchange rate (RER) changes on the growth rate of the agriculture, industrial, services, and extractive sectors. To this end, a panel autoregressive distributed lag (ARDL) model, for 19…
Many African countries continue to face economic challenges even though the continent has much potential for economic progress. Entrepreneurship and ICT are one of the key forces behind economic change. However, little is known about how…
The global economy has experienced numerous economic crises over the past two decades, from the global financial crisis to the COVID-19 pandemic, and the Russian-Ukraine war. These crises have had a severe impact on economies that have less…
This study attempts to assess the reaction of sectorial employment shares to real exchange rate (RER) changes in 19 emerging economies over the period 1992–2020. To this end, a panel autoregressive distributed lag (ARDL) model was used. First, our…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…
The impact of exchange rates is a significant concern affecting trade in the SADC region. This study’s purpose is to assess the threshold effects of exchange rates on agricultural exports from SA to SADC from 2010 to 2022. A panel threshold…
The primary objective of this study was to examine the impact of various dimensions of globalization on employment outcomes in the Southern African Customs Union (SACU) countries. A novel panel econometric approach was used, accounting for…
This study empirically examines the causal relationship between trade openness and economic prosperity in South Africa with quarterly data from 1970 to 2017. The analysis is disaggregated into pre-1994 and post-1994 to capture the economic situation…
In Africa’s efforts to achieve economic growth and enhance integration, the focus on intra-regional trade has intensified, fuelled by geographical proximity, and interconnected market dynamics. However, significant obstacles remain, one of which…
This empirical study aims to investigate the effects of political instability on economic volatility and monetary policy conduct. The econometric methodology adopted is the Panel Auto-Regressive Distributed Lag (PARDL). The instability variable was…