The impact of domestic investment on economic growth in South Africa: a Sectoral Approach (1993 to 2020)
- Hobongwana, Khungile Goodwell https://orcid.org/0000-0003-0223-7370
- Authors: Hobongwana, Khungile Goodwell https://orcid.org/0000-0003-0223-7370
- Date: 2023-01
- Subjects: Economic development -- South Africa , Investments -- South Africa , Gross domestic product
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/26753 , vital:65982
- Description: This study examined the impact of domestic investment on economic growth in South Africa: a sectoral approach from 1993 to 2020. The overall results as discussed by panel data ARDL revealed that domestic investment has an impact on at least one sectoral economic growth in South Africa in the long run. The panel data ARDL test reveals that domestic investment, employment, imports and exports have a significant correlation to influence GDP in the long run in at least one of the sectors. A pairwise Dumitrescu Hurlin panel causality tests determine that domestic investment (DI) does not homogeneously cause gross domestic product (GDP). This is because in South Africa the sectoral or structural change development relies much on foreign direct investment (FDI) rather than domestic investment, hence the negative homogeneous results. Therefore, we need to attract DI as the result shows, because a positive relationship can be expected between domestic investment and economic growth in line with the Keynesian theory where investment is expected to promote economic growth. The new-endogenous growth theory of investment that can be applied in detecting the effect of aggregate and disaggregate domestic investment on sectoral economic growth and aggregate economic growth. , Thesis (MCom) -- Faculty of Management and Commerce, 2023
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- Authors: Hobongwana, Khungile Goodwell https://orcid.org/0000-0003-0223-7370
- Date: 2023-01
- Subjects: Economic development -- South Africa , Investments -- South Africa , Gross domestic product
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/26753 , vital:65982
- Description: This study examined the impact of domestic investment on economic growth in South Africa: a sectoral approach from 1993 to 2020. The overall results as discussed by panel data ARDL revealed that domestic investment has an impact on at least one sectoral economic growth in South Africa in the long run. The panel data ARDL test reveals that domestic investment, employment, imports and exports have a significant correlation to influence GDP in the long run in at least one of the sectors. A pairwise Dumitrescu Hurlin panel causality tests determine that domestic investment (DI) does not homogeneously cause gross domestic product (GDP). This is because in South Africa the sectoral or structural change development relies much on foreign direct investment (FDI) rather than domestic investment, hence the negative homogeneous results. Therefore, we need to attract DI as the result shows, because a positive relationship can be expected between domestic investment and economic growth in line with the Keynesian theory where investment is expected to promote economic growth. The new-endogenous growth theory of investment that can be applied in detecting the effect of aggregate and disaggregate domestic investment on sectoral economic growth and aggregate economic growth. , Thesis (MCom) -- Faculty of Management and Commerce, 2023
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The effects of household agricultural income on the adoption of electrical appliances and energy security among rural households in Mnquma Local Municipality
- Ntonjane, P https://orcid.org/0000-0001-9432-9031
- Authors: Ntonjane, P https://orcid.org/0000-0001-9432-9031
- Date: 2021-09
- Subjects: Energy security , Sustainable development -- South Africa , Economic development -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/22655 , vital:52617
- Description: Energy security is critical to global economic development and agricultural activities. Electricity is one of the most beneficial types of energy for rural household livelihoods and smallholder producers in South Africa. This study aims to examine the effects of household agricultural income on the adoption of electrical appliances and energy security among agricultural households in Mnquma Local Municipality. The study employed primary data obtained from 224 households using simple random sampling technique across three electrification stages. Descriptive statistics, and binary logistic regression was used to determine the relationship between socio-economic and demographic characteristics of the household and the household agricultural income on the adoption of new electrical appliances and energy security across the three electrification stages. Descriptive statistics results indicated that non-electrified (67.1percent) and recently electrified (54.3percent) villages are dominated by female-headed households, while in electrified households there are more male head households (58.3percent). The results also show that among the households that have the highest total monthly income (greater than R15000), 34.5percent were electrified, 17.1 percent were recently electrified, and 4.3percent were non-electrified. The Binary logistic regression model's findings for the second objective revealed that household head factors such as age, monthly total household income, household size, and household agricultural income have significant effects on energy security. The study's findings revealed that household agricultural income has a significant impact at a 5 percent significant level on the adoption of electrical appliances. Binary logistic regression findings for the third objective revealed that on new electrical appliance adoption there was a significant effect of gender (at 5percent level), household size, energy security, and household agricultural income at a 1percent significance level. Binary logistic regression revealed that the coefficient of household size variable is positive and significant at a 1percent significant level on energy security and electrical appliance adoption. In this study, household agricultural income on the adoption of electrical appliances has been found to be the most critical factor influencing the energy security status of households among the selected rural households in Mnquma Local Municipality. As a result, policies must be put in place to facilitate access to electrical appliances through electrification programs, invention of affordable electric appliances, encourage participation in agricultural production and agricultural market access, that will provide households with social benefits. To improve energy security, electrical appliances should be simple to use and aid in the transition from biomass to electricity. , Thesis (MAgric) -- Faculty of Science and Agriculture, 2021
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- Authors: Ntonjane, P https://orcid.org/0000-0001-9432-9031
- Date: 2021-09
- Subjects: Energy security , Sustainable development -- South Africa , Economic development -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/22655 , vital:52617
- Description: Energy security is critical to global economic development and agricultural activities. Electricity is one of the most beneficial types of energy for rural household livelihoods and smallholder producers in South Africa. This study aims to examine the effects of household agricultural income on the adoption of electrical appliances and energy security among agricultural households in Mnquma Local Municipality. The study employed primary data obtained from 224 households using simple random sampling technique across three electrification stages. Descriptive statistics, and binary logistic regression was used to determine the relationship between socio-economic and demographic characteristics of the household and the household agricultural income on the adoption of new electrical appliances and energy security across the three electrification stages. Descriptive statistics results indicated that non-electrified (67.1percent) and recently electrified (54.3percent) villages are dominated by female-headed households, while in electrified households there are more male head households (58.3percent). The results also show that among the households that have the highest total monthly income (greater than R15000), 34.5percent were electrified, 17.1 percent were recently electrified, and 4.3percent were non-electrified. The Binary logistic regression model's findings for the second objective revealed that household head factors such as age, monthly total household income, household size, and household agricultural income have significant effects on energy security. The study's findings revealed that household agricultural income has a significant impact at a 5 percent significant level on the adoption of electrical appliances. Binary logistic regression findings for the third objective revealed that on new electrical appliance adoption there was a significant effect of gender (at 5percent level), household size, energy security, and household agricultural income at a 1percent significance level. Binary logistic regression revealed that the coefficient of household size variable is positive and significant at a 1percent significant level on energy security and electrical appliance adoption. In this study, household agricultural income on the adoption of electrical appliances has been found to be the most critical factor influencing the energy security status of households among the selected rural households in Mnquma Local Municipality. As a result, policies must be put in place to facilitate access to electrical appliances through electrification programs, invention of affordable electric appliances, encourage participation in agricultural production and agricultural market access, that will provide households with social benefits. To improve energy security, electrical appliances should be simple to use and aid in the transition from biomass to electricity. , Thesis (MAgric) -- Faculty of Science and Agriculture, 2021
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The effectiveness of business incubators in enhancing growth, survival and performance of small, medium and micro enterprises in the Eastern Cape province, South Africa
- Authors: Sarakunze, Annie.
- Date: 2014-11
- Subjects: Entrepreneurship , Economic development -- South Africa , Small business
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/26786 , vital:66005
- Description: In both developed and developing countries, the growth of Small, Medium and Micro Enterprise sector is considered an important factor in boosting the economic well-being of a country. The governments of many countries play a basic role in creating policies and programmes which support the growth of Small, Medium and Micro Enterprises. One of the initiatives used by the governments to nurture small businesses is business incubation.This study investigated the effectiveness of business incubators in enhancing growth, survival and performance of Small, Medium and Micro Enterprises (SMMEs) in selected areas of the Eastern Cape Province. The objectives of this study were to assess the impact of business incubation on the performance of SMMEs, determine the impact of business incubation on the growth of the SMME, to assess the impact of business incubation on the survival of the SMMEs and to investigate whether SMMEs are satisfied with the role of business incubators in their areas.This study employed a stratified simple random sampling technique. The population was first divided into six homogeneous strata and then simple random sampling was then employed. The self-administered questionnaires were then distributed into each and every stratum randomly. Simple random sampling was used because it enabled each and every member in the strata to have an equal chance of being selected. Owners, managers and employees were used as respondents in this study and a total sample of 200 SMMEs answered the questionnaire. The study followed a quantitative research design as it involved variables such as growth, firm performance and survival which have measures that involves the use of figures such as sales, number of employees and total value of assets. The data was analysed by Anova, Pearson Chi-Square and T-test statistical methods in order to arrive at findings and conclusions. Based on the findings from this survey it was found that business incubators are effective in enhancing growth, survival and performance of SMMEs. Although other researchers found that there are no significant variations in growth, survival and performance of incubated and non-incubated businesses, this study however recognizes the importance of business incubation to SMMEs. This study concurs with most findings by many researchers of business incubation and thus recommends vigorous business incubation awareness to the SMMEs and networking. , Thesis (MBm) -- Faculty of Management and Commerce , 2014
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- Authors: Sarakunze, Annie.
- Date: 2014-11
- Subjects: Entrepreneurship , Economic development -- South Africa , Small business
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/26786 , vital:66005
- Description: In both developed and developing countries, the growth of Small, Medium and Micro Enterprise sector is considered an important factor in boosting the economic well-being of a country. The governments of many countries play a basic role in creating policies and programmes which support the growth of Small, Medium and Micro Enterprises. One of the initiatives used by the governments to nurture small businesses is business incubation.This study investigated the effectiveness of business incubators in enhancing growth, survival and performance of Small, Medium and Micro Enterprises (SMMEs) in selected areas of the Eastern Cape Province. The objectives of this study were to assess the impact of business incubation on the performance of SMMEs, determine the impact of business incubation on the growth of the SMME, to assess the impact of business incubation on the survival of the SMMEs and to investigate whether SMMEs are satisfied with the role of business incubators in their areas.This study employed a stratified simple random sampling technique. The population was first divided into six homogeneous strata and then simple random sampling was then employed. The self-administered questionnaires were then distributed into each and every stratum randomly. Simple random sampling was used because it enabled each and every member in the strata to have an equal chance of being selected. Owners, managers and employees were used as respondents in this study and a total sample of 200 SMMEs answered the questionnaire. The study followed a quantitative research design as it involved variables such as growth, firm performance and survival which have measures that involves the use of figures such as sales, number of employees and total value of assets. The data was analysed by Anova, Pearson Chi-Square and T-test statistical methods in order to arrive at findings and conclusions. Based on the findings from this survey it was found that business incubators are effective in enhancing growth, survival and performance of SMMEs. Although other researchers found that there are no significant variations in growth, survival and performance of incubated and non-incubated businesses, this study however recognizes the importance of business incubation to SMMEs. This study concurs with most findings by many researchers of business incubation and thus recommends vigorous business incubation awareness to the SMMEs and networking. , Thesis (MBm) -- Faculty of Management and Commerce , 2014
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An assessment of local economic development as a mechanism for poverty alleviation: a case study of selected municipalities in Amathole District
- Authors: Dube, Kethiwe
- Date: 2011-06
- Subjects: Economic development -- South Africa , Poverty -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/24410 , vital:62788
- Description: The legacy of apartheid created uneven development in South Africa, which led to lack of effective service delivery, high levels of poverty and unemployment. This resulted in many people within the communities being vulnerable to poverty. In response to the retarded development, the post apartheid government formulated a number of policies and legislations. Local Economic Development (LED) is one of the policies mandated to guide developmental local government initiatives in addressing poverty, unemployment and redistribution. The aim of the study was to assess LED as a mechanism for poverty alleviation, focusing on the effectiveness of the LED strategies employed by the selected municipalities in Amathole District Municipality (ADM). The literature and the empirical study revealed that LED is seen as a tool through which socio-economic development can be achieved. To achieve the objectives of the study, the study employed both quantitative and qualitative research methods. A thematic content and pie chat analysis were employed to analyse data, which was gathered using questionnaires, interviews, non-participant observation and documentary survey. The findings of the study revealed that LED strategies have a significant impact on improving infrastructure and service delivery, have both a pro-poor and a pro-growth focus on improving the general welfare of the residents and that LED agencies play a pivotal role in promoting sustainable development, thereby alleviating poverty. Though the current LED strategies employed by ADM are deemed to be effective, they do not fully meet the intended goal of eradicating poverty. Therefore, the researcher recommended that the municipalities should, inter alia, encourage responsible leadership, expand capital investment, promote capacity building and communities should be fully committed in working together with the municipalities in promoting sustainable development. , Thesis (MPA) -- Faculty of Management and Commerce, 2011
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- Authors: Dube, Kethiwe
- Date: 2011-06
- Subjects: Economic development -- South Africa , Poverty -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/24410 , vital:62788
- Description: The legacy of apartheid created uneven development in South Africa, which led to lack of effective service delivery, high levels of poverty and unemployment. This resulted in many people within the communities being vulnerable to poverty. In response to the retarded development, the post apartheid government formulated a number of policies and legislations. Local Economic Development (LED) is one of the policies mandated to guide developmental local government initiatives in addressing poverty, unemployment and redistribution. The aim of the study was to assess LED as a mechanism for poverty alleviation, focusing on the effectiveness of the LED strategies employed by the selected municipalities in Amathole District Municipality (ADM). The literature and the empirical study revealed that LED is seen as a tool through which socio-economic development can be achieved. To achieve the objectives of the study, the study employed both quantitative and qualitative research methods. A thematic content and pie chat analysis were employed to analyse data, which was gathered using questionnaires, interviews, non-participant observation and documentary survey. The findings of the study revealed that LED strategies have a significant impact on improving infrastructure and service delivery, have both a pro-poor and a pro-growth focus on improving the general welfare of the residents and that LED agencies play a pivotal role in promoting sustainable development, thereby alleviating poverty. Though the current LED strategies employed by ADM are deemed to be effective, they do not fully meet the intended goal of eradicating poverty. Therefore, the researcher recommended that the municipalities should, inter alia, encourage responsible leadership, expand capital investment, promote capacity building and communities should be fully committed in working together with the municipalities in promoting sustainable development. , Thesis (MPA) -- Faculty of Management and Commerce, 2011
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