All Outputs (3)

South African Manufacturing: The challenge of growth with jobs (2023)
Journal Article
Driver, C. (2024). South African Manufacturing: The challenge of growth with jobs. Structural Change and Economic Dynamics, 68, 433-445. https://doi.org/10.1016/j.strueco.2023.10.015

This paper evaluates South African manufacturing performance over 25 years. It reports the evolution of five basic variables: employment, mark-ups, exports, domestic sales, and investment, using an aggregated sample of firms from a reliable business... Read More about South African Manufacturing: The challenge of growth with jobs.

Macroeconomics with Firms and Stockmarkets (2023)
Journal Article
Driver, C. (2023). Macroeconomics with Firms and Stockmarkets. Contributions to Political Economy, 42(1), 117-127. https://doi.org/10.1093/cpe/bzad018

Empirical work on stock market data, coupled with behavioural findings on corporate decision-making, have produced a set of challenges for orthodox macroeconomics. This paper critically considers the work of Andrew Smithers and related contributions,... Read More about Macroeconomics with Firms and Stockmarkets.

Dividends Policy and Payouts: Evidence from South Africa (2023)
Preprint / Working Paper
Driver, C., Grosman, A., Scaramozzino, P., & Lesame, K. Dividends Policy and Payouts: Evidence from South Africa. Pretoria

The theoretical framework that informs dividend studies is somewhat loose. This makes it difficult to test competing views on dividend behaviour. One view is that it reflects a useful discipline on managerial autonomy to invest; another view is that... Read More about Dividends Policy and Payouts: Evidence from South Africa.