Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/126384 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
WIDER Working Paper No. 2015/101
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
This paper uses normalized constant elasticity of substitution production functions to estimate the elasticity of substitution and labour-augmenting technical change in South Africa over the period 1994-2012. We find elasticities of 0.6-0.9 and positive labour-augmenting technical change, which results in an increase in capital's income share relative to labour. More broadly, we find total factor productivity (TFP) growth rates of between 1 and 2 per cent across industries, although we find no TFP growth in the mining sector. We also find that the sector with the highest TFP growth - agriculture - achieved this through shedding labour while steadily increasing output.
Schlagwörter: 
elasticity of substitution
labour demand
production functions
technical growth
JEL: 
E24
O47
O41
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
978-92-9230-990-9
Dokumentart: 
Working Paper

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