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dc.contributor.authorDube, Wisdom
dc.contributor.authorPhiri, Andrew
dc.date.accessioned2016-10-31T14:31:48Z
dc.date.available2016-10-31T14:31:48Z
dc.date.issued2015
dc.identifier.citationDube, W. & Phiri, A. 2015. Nutrition and economic growth in South Africa: a threshold co–integration approach. Journal of economic studies, 42(1):138–156. [http://dx.doi.org/10.1108/JES-08-2013-0116]en_US
dc.identifier.issn0144–3585
dc.identifier.urihttp://hdl.handle.net/10394/19259
dc.identifier.urihttp://dx.doi.org/10.1108/JES-08-2013-0116
dc.description.abstractPurpose – The purpose of this paper is to examine asymmetric co-integration effects between nutrition and economic growth for annual South African data from the period 1961-2013. Design/methodology/approach – The authors deviate from the conventional assumption of linear co-integration and pragmatically incorporate asymmetric effects in the framework through a fusion of the momentum threshold autoregressive and threshold error correction (MTAR-TEC) model approaches, which essentially combines the adjustment asymmetry model of Enders and Silkos (2001); with causality analysis as introduced by Granger (1969); all encompassed by/within the threshold autoregressive (TAR) framework, a la Hansen (2000). Findings – The findings obtained from the study uncover a number of interesting phenomena for the South Africa economy. First, in coherence with previous studies conducted for developing economies, the authors establish a positive relationship between nutrition and economic growth with an estimated income elasticity of nutritional intake of 0.15. Second, the authors find bi-direction causality between nutrition and economic growth with a stronger causal effect running from nutrition to economic growth. Lastly, the authors find that in the face of equilibrium shocks to the variables, policymakers are slow to responding to deviations of the variables from their co-integrated long run steady state equilibrium. Originality/value – In the study, the authors make a novel contribution to the literature by exploring asymmetric modelling in the correlation between nutrition intake and economic growth for the exclusive case of South Africa. Keywords Nutrition, South Africa, Asymmetric granger-causality, Asymmetric threshold co-integration, Economic growth, Steady state equilibrium Paper type Research paperen_US
dc.language.isoenen_US
dc.publisherEmerald Group Publishing Ltden_US
dc.subjectnutritionen_US
dc.subjectSouth Africaen_US
dc.subjectassymetric granger-causalityen_US
dc.subjectassymetric threshold co-integrationen_US
dc.subjecteconomic growthen_US
dc.subjectsteady state equilibriumen_US
dc.titleNutrition and economic growth in South Africa: a threshold co–integration approachen_US
dc.typeArticleen_US
dc.contributor.researchID23760478 – Dube, Wisdom G.


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