Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
GTAP FAQs
Educational Materials
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #4687

"The Impact of the 2014 Platinum Mining Strike in South Africa: An Economy-Wide Analysis"
by Bohlmann, Heinrich, Peter Dixon, Maureen Rimmer and Jan van Heerden


Abstract
In this paper we measure the economy-wide impact of the 2014 labour strike in South Africa’s platinum industry. The strike lasted five months, ending in June 2014 when producers reached an agreement with the main labour unions. The immediate impacts on local mining towns were particularly severe, but our research shows that the strike could also have long lasting negative impacts on the South African economy as a whole. We find that it is not the higher nominal wages itself that caused the most damage, but the possible reaction by investors in the mining industry towards South Africa. Investor confidence is likely to be, at least, temporarily harmed, in which case it would take many years for the effects of the strike to disappear. We conduct our analysis using a dynamic CGE model of South Africa.

JEL codes: C68, J52
Keywords: Platinum mining strike, computable general equilibrium, UPGEM


Resource Details (Export Citation) GTAP Keywords
Category: 2015 Conference Paper
Status: Published
By/In: Presented at the 18th Annual Conference on Global Economic Analysis, Melbourne, Australia
Date: 2014
Version:
Created: Bohlmann, H. (4/14/2015)
Updated: Bohlmann, H. (4/14/2015)
Visits: 421
- Dynamic modeling
- Labor market issues


Attachments
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.


Public Access
  File format GTAP Resource 4687  (305.9 KB)   Replicated: 0 time(s)


Restricted Access
No documents have been attached.


Special Instructions
An earlier version of this paper is available for download via Economic Research Southern Africa as ERSA Working Paper 478 at www.econrsa.org


Comments (0 posted)
You must log in before entering comments.

No comments have been posted.