Department of accounting

Ms Laura Poswell

Labour economics

SALDRU

Ms Anna McCord

Social protection; public works programmes; labour economics
RESEARCH ASSOCIATES

Professor Sean Archer

Economics of human rights; economics of education training, and economics and ecology of arid zones

DISTINGUISHED VISITORS

Professor Paul Cichello

Loyola College, Maryland, USA

Professor Paul Dunne

University of the West of England, Bristol

Professor David Lam

Director, Center for Population Studies, University of Michigan

Professor James Levinsohn

Economics Department, University of Michigan
Professor Mike Morris

University of KwaZulu-Natal

Professor Franklin Shupp

University of Illinois
Professor Asmerane Kidari

On sabbatical from the University of Eriteria

Contact Details
Postal address: School of Economics, University of Cape Town, Private Bag X3, Rondebosch, 7701

Telephone: [phone]

Fax: [phone]

Email: [e-mail]

Web: http://www.commerce.uct.ac.za/economics/

DEVELOPMENT POLICY RESEARCH UNIT
Postal address: DPRU, University of Cape Town, Private Bag X3, Rondebosch, 7701

Telephone: [phone]

Fax: [phone]

Email: [e-mail]

Web: http://www.uct.ac.za/depts/dpru

SOUTHERN AFRICA LABOUR AND DEVELOPMENT RESEARCH UNIT
Postal address: SALDRU, University of Cape Town, Private Bag X3, Rondebosch, 7701

Telephone: [phone]

Fax: [phone]

Email: [e-mail]

Web: http://web.uct.ac.za/depts/saldru/

Research Output
ARTICLES IN PEER-REVIEWED JOURNALS
Ardington, C.S., Lam, D., Leibbrandt, M.V. and Welch, M.J. 2006. The sensitivity to key data imputations of recent estimates of income poverty and inequality in South Africa. Economic Modelling, 23: 822-835.
Ayogu, M.D. 2006. Inside Boardrooms: Restoring corporate governance. Corporate Board: Role, Duties and Composition, 2(2): 7-13.
Bhorat, H.I. 2006. An income grant to all South Africans? Poverty in Focus, June: 9-10.
Blecher, E.H. 2006. The effects of the tobacco products control amendment act of 1999 on restaurant revenues in South Africa: a panel data approach. South African Journal of Economics, 74(1): 123-130.
Bogetí, Ž. and Fedderke, J. 2006. International benchmarking of South Africa's infrastructure performance. Journal of Development Perspectives, 2(1): 7-31.
Edwards, L.J. and Alves, P.S. 2006. South Africa's export performance: determinants of export supply. South African Journal of Economics, 74(3): 473-500.
Edwards, L.J. and Behar, A. 2006. Trade liberalisation and labour demand within South African manufacturing firms. Journal for Studies in Economics and Econometrics, 30(2): 127-146.
Edwards, L.J. and Pauw, K.W. 2006. Evaluating the general equilibrium effects of a wage subsidy scheme for South Africa. South African Journal of Economics, 73(3): 442-462.
Fedderke, J. and Bogetí, Ž. 2006. Forecasting investment needs in South Africa's electricity and telecom sectors. South African Journal of Economics, 74(3): 557-574.
Fedderke, J. and Klitgaard, R. 2006. Economic growth and social indicators: an exploratory analysis. Journal of Comparative Policy Analysis: Research and Practice, 8(3): 283-303.
Fedderke, J. and Romm, A. 2006. Growth impact and determinants of foreign direct investment into South Africa, 1956-2003. Economic Modelling, 23: 738-760.
Fedderke, J., Kularatne, C. and Mariotti, M. 2006. Mark-up pricing in South African industry. Journal of African Economies, 16(1): 28-69.
Fedderke, J., Perkins, P. and Luiz, J. 2006. Infrastructural investment in long-run economic growth: South Africa 1875-2001. World Development, 34(6): 1037-1059.
Giovannetti, E. 2006. Antitrust analysis for the internet upstream market: a border gateway protocol approach. Journal of Competition Law and Economics, 1: 1-27.
Giovannetti, E. and D'ignazio, A. 2006. From exogenous to endogenous economic networks: Internet applications. Journal of Economic Surveys, 20(5): 757-796.
Hassan, S.J. 2006. Optimal timing of defections from price-setting cartels in volatile markets. Economic Modelling, 23: 792-804.
Morris, M.L., Bessant, J. and Barnes, J. 2006. Using learning networks to enable industrial development: Case studies from South Africa. International Journal of Operations and Production Management, 26(5): 532-557.
Nattrass, N.J. 2005. Aids, unemployment and disability in South Africa: the case for welfare reform. Southern African Journal of HIV Medicine, September 2005(20): 30-32.
Nattrass, N.J. 2005. Ambiguities of 'culture' and the antiretroviral rollout in South Africa. Social Dynamics, 31(2): 285-303.
Nattrass, N.J. 2005. Cross-country access to antiretroviral treatment. AIDS Bulletin, 14(3): 20-22.
Nattrass, N.J. 2005. The quest for healing in South Africa's age of AIDS. Social Dynamics, 31(2): 1-23.
Nattrass, N.J. 2005. Trading off income and health? AIDS and the disability grant in South Africa. Journal of Social Policy, 35(1): 3-19.
Nattrass, N.J. 2005. Who consults Sangomas in Khayelitsha? An exploratory quantitative analysis. Social Dynamics, 31(2): 161-182.
Nattrass, N.J. 2006. Antiretroviral treatment and the problem of political will in South Africa. Southern African Journal of HIV Medicine, June 2006(23): 29-31.
Nattrass, N.J. 2006. Exploring attrition bias: The case of the Khayelitsha Panel Study (2000-2004). South African Journal of Economics, 74(4): 769-781.
Nattrass, N.J. 2006. South Africa's "rollout" of highly active antiretroviral therapy. A critical assessment. Journal of Acquired Immune Deficiency Syndromes and Human Retrovirology, 43(5): 618-623.
Nattrass, N.J. 2006. What determines cross-country access to antiretroviral treatment? Development Policy Review, 24(3): 321-338.
Nattrass, N.J. 2006. When HIV clinicians prevent social scientists from accessing 'their' patients: Some ethical concerns. Southern African Journal of HIV Medicine, March 2006(22): 16-18.
Nattrass, N.J. and Walker, R.A. 2005. Unemployment and reservation wages in working-class Cape Town. South African Journal of Economics, 73(3): 498-509.
Ross, D.A. 2005. Game theory in studies of evolution and development: Prospects for deeper use. Biological Theory, 1(1): 31-32.
Ross, D.A. 2006. Evolutionary game theory and the normative theory of institutional design: Binmore and behavioral economics. Politics, Philosophy and Economics, 5(1): 51-79.
Ross, D.A. 2006. Evolutionary psychology and functionally empty metaphors. Behavioral and Brain Sciences, 29(2): 192-193.
Ross, D.A. 2006. Group doxastic rationality need not supervene on individual rationality. Southern Journal of Philosophy, XLIV: 1-12.
Ross, D.A. 2006. The economic and evolutionary basis of selves. Cognitive Systems Research, 7: 246-258.
Samouilhan, N. 2006. The relationship between international equity market behaviour and the JSE. South African Journal of Economics, 74(2): 248-260.
Samouilhan, N., Van Walbeek, C.P. and Smit, E.v.d.M. 2006. Convergence, rationality and accuracy in South African consensus economic forecasts. Journal for Studies in Economics and Econometrics, 30(2): 1-20.
Van Walbeek, C.P. 2006. Official revisions to South African national accounts data: Magnitudes and implications. South African Journal of Economics, 74(4): 745-765.
Wittenberg, M. 2006. Errors in the October household survey 1994 available from the South African Data Archive. South African Journal of Economics, 74(4): 766-768.
Wittenberg, M. and Lubotsky, D. 2006. Interpretation of regressions with mutiple proxies. Review of Economics and Statistics, 88(3): 549-562.
Wood, E.A.S. and Kaplan, D.E. 2005. Innovation and performance improvement in the South African wine industry. International Journal Technology and Globalisation, 1(3/4): 381-399.
Zimper, A. 2006. Assessing the likelihood of panic-based bank runs. Contributions to Theoretical Economics, 6(1): 1-19.
Zimper, A. 2006. Investment behavior under ambiguity: The case of pessimistic decision makers. Mathematical Social Sciences, 52: 111-130.
Zimper, A. 2006. Uniqueness conditions for strongly point-rationalizable solutions to games with metrizable strategy sets. Journal of Mathematical Economics, 42: 729-751.
Zimper, A. and Ludwig, A. 2006. Rational expectations and ambiguity: A comment on Abel. Economics Bulletin, 4(2): 1-15.

BOOKS
Bhorat, H.I. and Kanbur, R. (eds) 2006. Poverty and policy in post-apartheid South Africa: 512. Cape Town: HSRC Press.

CHAPTERS IN BOOKS
Ayogu, M.D. 2006. Can Africa absorb more aid? Aid, Debt Relief and Development in Africa. African Development Report 2006: 25-40. New York: Oxford University Press.
Bhorat, H.I. 2006. Labour supply and demand constraints on employment creation: A microeconomic analysis. In V. Padayachee (ed.), The development decade? Economic and social change in South Africa, 1994-2004: 273-323. Cape Town: HSRC Press.
Bhorat, H.I. and Oosthuizen, M. 2006. Evolution of the labour market: 1995-2002. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 143-200. Cape Town: HSRC Press.
Edwards, L.J. 2006. Trade liberalisation andlabour demand in South Africa during the 1990s. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 232-261. Cape Town: HSRC.
Fedderke, J. 2006. From chimera to prospect: South African sources of and constraints on long-term growth, 1970-2000. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 19-58. Cape Town: HSRC Press.
Kanbur, R. and Bhorat, H.I. 2006. Introduction: Poverty and well-being in South Africa. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 1-17. Cape Town: HSRC Press.
Leibbrandt, M.V., Lam, D. and Ranchhod, V. 2006. Labor force withdrawal of the elderly in South Africa. In B. Cohen and J. Menken (eds), Aging in Sub-Saharan Africa: Recommendations for furthering research: 214-249. South Africa: National Academies Press.
Nattrass, N.J. 2006. AIDS, behindertenpolitik und die Grundeinkommensdebatte in Sudafrika. In M. Fullsack (ed.), Globale soziale Sicherheit. Grundeinkommen - weltweit?: 151-157. Berlin: Universitat Frankfurt am Main.
Poswell, L.M., Naidoo, P., Welch, M.J. and Leibbrandt, M.V. 2006. Measuring recent changes in South African inequality and poverty using 1996 and 2001 census data. In H.I. Bhorat and R. Kanbur (eds), Poverty and policy in post-apartheid South Africa: 95-142. Cape Town: HSRC Press.
Wilson, F. 2006. On being a father and poor in southern Africa today. In L. Richter and R. Morrell (eds), Baba. Men and fatherhood in South Africa: 26-37. Cape Town: HSRC.
Wittenberg, M. 2005. How young South Africans spend their time. In J. Zuzanek (ed.), Loisir and Societe: 635-652. Canada: Presses de l'Universite du Quebec.
Wittenberg, M. 2006. Decentralization in South Africa. In P. Bardhan and D. Mookherjee (eds), Decentralization and local governance in developing countries. A comparative perspective: 329-356. USA: Massachusetts Institute of Technology.

Non Peer-Reviewed Published Conference Proceedings
Fedderke, J.W. 2006. Technology, Human Capital and Growth: Evidence

from a middle income country case study applying dynamic heterogeneous panel

analysis. In South African Reserve Bank, Banco de Mexico and The People's

Bank of China (eds.) Economic Growth, Proceedings of a G20 seminar held in

Pretoria, South Africa, on 4-5 August 2005, 137-184.

THESES AND DISSERTATIONS PASSED FOR HIGHER DEGREES
Bellamy, W. 2006. The macroeconomic effects of the crude oil price on the South African economy: 1-61. MBusSc.
Brick, K. 2006. Examining the degree of duration dependence n the Western Cape labour market: 1-67. MCom.
Danstile, M.D. 2006. Foreign direct investment in South Africa: a comparative study of strategies and key determinants: 1-56. MCom.
Esson, R. 2006. The demand for savings services among the urban poor - evidence from the Khayelitsha panel study (2000-2004): 1-80. MCom.
Geel, K. 2006. State pensions and labour market dynamics in South Africa: 1-67. MCom.
Golda, A. 2006. The impacts of new and old economy stock market valuations on private investment in South Africa: 1-52. MCom.
Leaver, R.L. 2006. Gender and multiple choice questions: an analysis of an introductory course in Microeconomics: 1-69. MBusSc.
Lekena, M. 2006. Youth employment in the Cape Town area: 1-49. MCom.
Manyande, C.N. 2006. Encouraging self-employment amongst the youth in South Africa. Will this help tackle the unemployment problem?: 1-56. MCom.
Mendecka, M.B. 2006. The asset allocation problem with special reference to the asset allocations of the financial advisors in South Africa: 1-66. MCom.
Murray, J. 2006. Impact of the sectorial determination for farm workers on the South African sugar industry: case study of the KwaZulu-Natal and South Coasts: 1-88. MCom.
O'Grady, R.W. 2006. Trade liberalisation and market discipline: 1-55. MCom.
Olifant, A. 2006. Is there any pay premium in the South African sector: 1-50. MCom.
Ramkolowan, Y. 2006. Import demand with domestic price endogenerity: the South African case: 1-71. MCom.
Stephan, N. 2006. Higher wages through social networks? Evidence from Khayelitsha/Mitchell's Plain: 1-62. MCom.
Swanepoel, C.A. 2006. Agricultural liberalisation and household welfare: a case study of Zambia: 1-55. MCom.
Whelan, P.J. 2006. South African clothing exports 1994-2004: policy and response: 1-55. MCom.
Wollnik, A.E. 2006. The spatial distribution of manufacturing in South Africa 1970-1996 and its determinants: 1-55. MCom.

UNIVERSITY PUBLICATIONS AND WORKS OF A POPULAR NATURE
Aghion, P., Braun, M. and Fedderke, J.W. 2006. Competition and Productivity Growth in South Africa, Center for International Development at Harvard Working Paper No. 132.
Ashforth, A. and Nattrass, N.J. 2006. Ambiguities of 'culture' and the antiretroviral rollout in South Africa. CSSR Working Paper 156: 1-17.
Ayogu, M.D. 2006. Book review: Other people's money: Debt denomination and financial instability in emerging market economies. New Agenda. South African Journal of Social and Economic Policy 20 (4): 72.
Bhorat, H.I. 2006. Shifts in Non-Income Welfare in South Africa: 1993-2004. DPRU Working Paper 06/108.
Bhorat, H.I. and Oosthuizen, M. 2006. Determinants of Grade 12 Pass Rates in the Post-Apartheid South African Schooling System. Working Paper Series: SISERA 2006 (6): 9-33.
Bogetić, Ž. and Fedderke, J.W. 2006. Forecasting Investment Needs in South Africa's Electricity and Telecommunications Sectors, World Bank Policy Research Working Paper Number 3829.
Bogetić, Ž. and Fedderke, J.W. 2006. International Benchmarking of South Africa's Infrastructure Performance, World Bank Policy Research Working Paper Number 3830.
Bogetić, Ž. and Fedderke, J.W. 2006. International Benchmarking of Infrastructure Performance in the Southern African Customs Union Countries, World Bank Policy Research Working Paper Number 3987.
Conradie, B.I. 2006. Revisiting Labour Casualisation on Fruit Farms in the Western Cape. Centre for Social Science Working Paper - (177): 1-24.
Fedderke, J.W. 2005. South Africa: Sources and Constraints of Long-Term Growth, World Bank Africa Region Working Paper Series Number 94.
Fedderke, J.W. and Bogetić, Ž. 2006. Infrastructure and Growth in South Africa: Direct and Indirect Productivity Impacts of 19 Infrastructure Measures, World Bank Policy Research Working Paper Number 3989.
Fedderke, J.W. and Szalontai, G. 2005. Industry Concentration in South African Manufacturing: Trends and Consequences, World Bank Africa Region Working Paper Series Number 96.
Kanbur, R. and Bhorat, H.I. 2005. Poverty and Well-being in Post-Apartheid South Africa: An Overview of Data, Outcomes and Policy. DPRU Working Paper 101.
Nattrass, N.J. 2006. AIDS and the scientific governance of medicine in South Africa. CSSR working paper 176: 1-23.
Nattrass, N.J. 2006. Disability and welfare in South africa's era of unemployment and AIDS. CSSR Working Paper 147: 1-24.
Nattrass, N.J. 2006. South Africa's 'rollout' of highly active antiretroviral therapy: a critical assessment. CSSR Working Paper 158: 1-21.
Nattrass, N.J. 2006. The qeust for healing in South Africa's age of AIDS. CSSR Working Paper 155: 1-20.
Nattrass, N.J. 2006. Who consults sangomas in Khayelitsha? An exploratory quantitative analysis. CSSR Working Paper 151: 1-18.
Nattrass, N.J., Rivett, U.K. and Wessels, X. 2006. Improving the Efficiency of monitoring adherence to antiretroviral therapy: a case study of the introduction of electronic technologies in Gugulethu, South Africa. CSSR Working Paper 148: 1-19.
Oosthuizen, M. 2006. The Post-Apartheid Labour Market: 1995-2004. DPRU Working Paper 06/103.
Oosthuizen, M. and Bhorat, H.I. 2006. Educational Outcomes in South Africa: A Production Function Approach. Working Paper Series: SISERA 2006/5: 1-55.
Schoer, V. and Leibbrandt, M.V. 2006. Determinants of job search strategies: evidence from the Khayelitsha/Mitchell's Plain Survey. CSSR Working Paper 167: 1-31.
Wakeford, J.J. 2006. Risk to Global Trade and Implications for South Africa's Economy and Policy. DPRU Working Paper 06/111.
Wakeford, J.J. 2006. Risks to global trade and implications for South Africa's economy and policy. DPRU Policy Brief 06/P8.
Wakeford, J.J. 2006. Troika of threats requires integrated response. Global Dialogue 11 (1): 9-11.
Wittenberg, M. 2006. The unions and the labour market: politics and premiums. Money Morality. 2006 Transformation Audit. Institute for Justice and Reconciliation 2006: 55-57.

Newspaper Articles
Pressman, S. and Nattrass, N.J. 2006. Deadly Quackery. The New York Times 04/06/2006: 11
Wakeford, J.J. 2006. On the other side of the oil "peak". Business Day 02/08/2006.
Wakeford, J.J. 2006. Renewable energy the way to go. Cape Times 24/05/2006.

Extension and Development Work
Wessels, X., Nattrass, N.J. and Rivett, U.K. 2006. Improving the efficiency of monitoring adherence to antiretroviral therapy: A case study of the introduction of electronic technologies in Gugulethu, South Africa. Centre for Social Science Research (CSSR). Aids and Society Research Unit, University of Cape Town.

Graduate School of Business (GSB)

Research Report 2006
Director: Professor Frank M. Horwitz

School Profile
Research at the Graduate School of Business (GSB) is recognised internationally for its focus on emerging markets and transion economies.  The contextual focus creates opportunities for an eclectic blend of research that often crosses functional disciplines.  The GSB has four NRF rated researchers. GSB researchers work independently, in local and international collaborations and in research centres to explore important managerial issues in human resource management and labour relations, market orientation and strategy, security returns, portfolio and strategies, knowledge management, export marketing and management, utility regulation and infrastructure management, labour market dynamics, consumer behaviour, leadership competencies, organisational and national culture, manufacturing strategy, supply chain management, participative organisation structures, social identity, and service quality.  Research is also active in the pricing of contingent claims and financial derivatives, advertising and media research, innovation, information technology, business strategy, learning theory and performance, social marketing and market segmentation.
The research requires diverse methodological approaches that may include quantitative techniques for inference and assessment (e.g. regression, structural equation modelling, Bayesian analysis) and qualitative methods of discovery and exploration (e.g. action learning, case studies, projective techniques, depth interviews).
In 2006, the UCT Centre for Innovation and Entrepreneurship at the GSB reached a milestone in publishing its fifth Global Entrepreneurship Monitor (GEM).  Published annually simultaneously in South Africa and 42 other countries around the world as part of a project headquartered at the London Business School, GEM is South Africa's most authoritative report on entrepreneurship and is sponsored by Liberty Life, South African Breweries, The National research Foundation and The Standard Bank.  In 2005, the UCT Centre for Leadership and Public Values at the GSB published its first study, which is among the first to explore indigenous forms of community giving, self help and mutual assistance. The Centre continues to receive Ford Foundation support for the research programme.

School Statistics

Permanent and long-term contract staff

Professors	9
Associate Professors	3
Senior Lecturers	8
Research Staff	1
Technical and Support Staff	32
Administrative and Clerical Staff	46
Total	99

Students

Doctoral (PhD)	14
Master of Business Administration (MBA)	113
Executive MBA	43
Associate in Management (AIM)	67
Post Graduate Diploma in Management Practice (PGDMP) Part-time	54
Total	291

Research Fields and Staff
Professor Kurt A. April

Knowledge management (technological and human approaches), leadership, change management, information technology strategy, e-business strategy

Mr Angus Bowmaker-Falconer

Black economic empowerment, employment equity; human capital metrics, human resource development; human resource information and organisational effectiveness

Professor Steven Burgess

International and domestic marketing strategy in emergent and low-income economy contexts, consumer personality, values and attitudes, salesperson performance, strategic orientation, organisational structure and business performance

Professor Anton Eberhard

Strategic management, restructuring and regulation of infrastructure industries, including the electricity, gas, telecommunication and water sectors

Ms Janine Everson

Strategy, strategic topology and the links to market orientation, executive coaching

Professor Norman Faull

Operations management; manufacturing strategy; operations strategy implementation or execution; partnering in supply chain management

Professor Colin Firer

Market timing; history of SA capital markets; cost of capital

Mr Jonathan Foster-Pedley

Strategy; strategic discourse; strategic creativity educational design

Dr Evan Gilbert

Capital budgeting behaviour, risk and uncertainty; real options decision-making under conditions of uncertainty

Professor Frank Horwitz

High performance work practices and workplace flexibility, organisational restructuring and downsizing, knowledge worker management, cross-cultural human resource management, cultural and human resource integration in mergers and acquisitions, employment discrimination and diversity and strategic human resource management