TY - JOUR
T1 - The role of mining in the south African economy
AU - Fedderke, Jobannes
AU - Pirouz, Farab
N1 - Publisher Copyright:
© 2002, AOSIS (pty) Ltd. All rights reserved.
Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 2002
Y1 - 2002
N2 - This paper examines the contribution of three aggregate mining sectors of the South African economy to output and ~ployment over the 1970-97 period. The fmding of a declining importance of mining in output and employment creation must be sectorally differentiated. Gold and Uranium Mining is the chief source of these declines, while evidence for Coal and Diamond and Other Mining is more modulated. We find strong redistribution of output from equity to labour over the course of the 1990s for Gold and Uranium Mining. In mining labour markets, we present developments in employment trends, in real labour cost, and in labour productivity. We examine links between these dimensions in an explanation of changing employment trends. We conclude with a VECM estimation of a labour requirements equation to corroborate our findings.
AB - This paper examines the contribution of three aggregate mining sectors of the South African economy to output and ~ployment over the 1970-97 period. The fmding of a declining importance of mining in output and employment creation must be sectorally differentiated. Gold and Uranium Mining is the chief source of these declines, while evidence for Coal and Diamond and Other Mining is more modulated. We find strong redistribution of output from equity to labour over the course of the 1990s for Gold and Uranium Mining. In mining labour markets, we present developments in employment trends, in real labour cost, and in labour productivity. We examine links between these dimensions in an explanation of changing employment trends. We conclude with a VECM estimation of a labour requirements equation to corroborate our findings.
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U2 - 10.4102/sajems.v5i1.2663
DO - 10.4102/sajems.v5i1.2663
M3 - Article
AN - SCOPUS:0011637477
VL - 5
SP - 1
EP - 34
JO - South African Journal of Economic and Management Sciences
JF - South African Journal of Economic and Management Sciences
SN - 1015-8812
IS - 1
ER -