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Some South African references for OG-ZAF calibration to consider & Data automation opportunity #65

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DaanSteenkamp opened this issue Aug 2, 2024 · 2 comments · Fixed by #71
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enhancement New feature or request

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@DaanSteenkamp
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This is a great initiative! Just a couple of comments.

Calibration

For anyone that would like to enrich the calibrations used for SA, this paper is a useful reference to use for thinking about the SA calibration:
https://link.springer.com/chapter/10.1007/978-3-030-35754-2_7 , see Tables 1-4 for comparisons across models estimated in SA.

Specific Research Questions, eg Basic Income Grants

We have a paper on basic income grants that you could look at as well: https://onlinelibrary.wiley.com/doi/full/10.1111/saje.12363

Data Automation

One could use the public domain data from our platform Econdata.co.za using its R/Python package to automate access of some of the data concepts used.

Extra Modules

One can for example, industry output data is available from EconData, so users could embellish the model with new modules that extend the number of industries in the model etc.

Model Automation

If a research student is interested in working with us to create a web app that automates analysis to make it easy for students to use without knowing to code, please get in touch with us at Codera

@jdebacker jdebacker added the enhancement New feature or request label Aug 2, 2024
@jdebacker jdebacker changed the title Some South African references for OG-ZAF calibration to consider & Data automation oppertunity Some South African references for OG-ZAF calibration to consider & Data automation opportunity Aug 2, 2024
@DaanSteenkamp
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Also worth adding that you can get summary of estimates of TFP and elasticity of substitution from this paper: https://www.resbank.co.za/content/dam/sarb/publications/working-papers/2018/8937/WP-1805.pdf

@rickecon
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rickecon commented Aug 3, 2024

@DaanSteenkamp. Thanks so much for these references. We look forward to incorporating Codera data streams into OG-ZAF's standard workflow.

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