- Title
- The impact of a budget deficit on transport infrastructure investment in South Africa
- Creator
- Nanto, Aphiwe
- Subject
- Budget deficits -- South Africa
- Subject
- Infrastructure (Economics) -- South Africa
- Subject
- Transportation -- South Africa
- Subject
- Debts, Public -- South Africa
- Date
- 2013
- Type
- Thesis
- Type
- Masters
- Type
- M Com
- Identifier
- vital:11478
- Identifier
- http://hdl.handle.net/10353/d1015245
- Identifier
- Budget deficits -- South Africa
- Identifier
- Infrastructure (Economics) -- South Africa
- Identifier
- Transportation -- South Africa
- Identifier
- Debts, Public -- South Africa
- Description
- Persistent government budget deficits and government debt have become major concerns in both developed and developing countries. This study investigates the impact of a budget deficit on transport infrastructure investment in South Africa. Quarterly time series data, covering the period 1990q1- 2009q4, was used in this project. The study tests for stationarity using the Augmented Dickey- Fuller and Phillips Perron; it tests for cointegration using the Johansen (1991, 1995) methodology. A vector error correction model is used as an estimation technique. The results of this study show that a budget deficit has a negative impact on transport infrastructure investment in South Africa.
- Format
- 107 leaves
- Format
- Publisher
- University of Fort Hare
- Publisher
- Faculty of Management & Commerce
- Language
- English
- Rights
- University of Fort Hare
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