Effect of social infrastructure investment on economic growth and inequality in South Africa: a SEM approach
by Itumeleng More; Goodness C. Aye
International Journal of Economics and Business Research (IJEBR), Vol. 13, No. 2, 2017

Abstract: This paper investigates the effect of social infrastructure on economic growth and inequality in South Africa using a SEM approach. We use growth as the mediating variable while controlling for production factors, urbanisation and globalisation. Results show a positive and significant relationship between education expenditure and growth. However there is a negative but insignificant relationship between health expenditure and growth. Furthermore, results indicate a negative but insignificant relationship between education and inequality and a significant negative relationship between health and inequality. Consistent with the Kuznets theory, we find a positive and significant relationship between growth and inequality in South Africa.

Online publication date: Tue, 14-Feb-2017

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