Fiscal stimulation of human capital and resultant economic growth in South Africa

SA Journal of Human Resource Management

 
 
Field Value
 
Title Fiscal stimulation of human capital and resultant economic growth in South Africa
 
Creator van Zyl, Gerhardus Bonga-Bonga, Lumengo
 
Subject JEL Classification J24; Labour & Demographic Economics Human capital, CES Econometric modelling; Endogenous growth theory; Fiscal stimulus
Description Shift-share analysis of employment as a measuring instrument for human resource management is proposed by this study. The results obtained through this technique can assist human resource
management on the macro-level in making informed and strategic decisions regarding future employment practices and trends. This technique is often applied to studies of economic geography,
and is illustrated in this article through its application to the estimation of future employment potential of manufacturing industries of South Africa’s Southern District Municipality. The economy in this region is mainly dependent on gold mining, which is declining as gold reserves are becoming depleted. As a result, a large section of the area’s population will be unemployed in future, causing adversity and other development needs. Shift-share analysis provides insight into the shifts of employment in the various sectors over time, as well as insight into the national share effect on employment in the region, including the regional-industrial mix and the competitive share effects. It was found that the
sectors with the highest employment creation potential are: transport equipment, wood and paper products, metal products, and furniture. Some suggestions are also made regarding the ways that this information can be utilised in human resource management.
 
Publisher AOSIS
 
Contributor
Date 2009-03-30
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion — Quantitative CES Econometric Modelling of Fiscal Spending on Human Resource Development in South Africa
Format application/pdf
Identifier 10.4102/sajhrm.v6i3.112
 
Source SA Journal of Human Resource Management; Vol 6, No 3 (2008); 1-6 2071-078X 1683-7584
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://sajhrm.co.za/index.php/sajhrm/article/view/112/163
 
Coverage South Africa Data set 1975 – 2006 Data from the South African Treasury employed in CES modelling
Rights Copyright (c) 2009 Gerhardus van Zyl, Lumengo Bonga-Bonga https://creativecommons.org/licenses/by/4.0
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