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Do Palestinian Workers' Remittances from Israel and its Volatility Matter for the Palestinian Economy? - Pages 343-351

Islam Hassouneh

DOI: https://doi.org/10.6000/1929-7092.2020.09.33

Published: 26 October 2020

Abstract: This paper studies the impact of Palestinian workers' remittances from Israel and its volatility on Palestinian economic growth using quarterly data over the period 2000-2016. A joint estimation of a vector error correction and multivariate generalized autoregressive conditional heteroskedasticity models are applied for such purpose. Cointegration tests provide evidence of a long-run positive equilibrium relationship between remittances and output growth. Results also indicate that remittances have influence on both first and second moments of Palestinian GDP. Further, findings suggest that while Palestine GDP has no influence on the first moment of Palestinian workers' remittances from Israel, it can cause an increase in its volatility.

Keywords: Volatility, VECM, MGARCH model, remittances, economic growth, Palestine.

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Economic Issues and Growth in the Developing Economies - Pages i-ii

Gisele Mah

Published: 09 November October 2020

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The Impact of Oil Price Changes on FTSE/JSE Industry Indices Performance - Pages 352-365

Eddson Zengeni and Mashukudu Hartley Molele

DOI: https://doi.org/10.6000/1929-7092.2020.09.34

Published: 09 November 2020

Abstract: The impact of oil price changes on stock market index of the JSE, South Africa, was examined using NARDL model using 2008 -2017 monthly data of aggregated industrial indices. All-Share index was incorporated in the estimation equation to represent market factors.

The results indicate that in the short-term, the indices responded asymmetrically to oil price changes whilst in the long-term they responded symmetrically. Oil & Gas, Industrials, Consumers services and Technology indices followed oil price change direction whereas Consumer goods and Financials indices opposed oil price change direction. Healthcare and Telecommunications responded in one direction irrespective oil price change direction.

Keywords: Non-linear ARDL, Oil prices, Stock Market index, JSE.

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Factors Affecting Number of Women Ward Councillors in South Africa - Pages 366-377

Brian Kwazi Majola

DOI: https://doi.org/10.6000/1929-7092.2020.09.35

Published: 09 November 2020

Abstract: The number of women elected into political positions has been a challenge for both developed and developing states. Countries that have introduced national prescripts and ratified the United Nations conventions continue to struggle with women's representation and participation in politics, especially at the local government level. South Africa is not an exception to this. Despite legislation that appears to enable gender equality in local structures, the number of women ward councillors has been fluctuating since the reformation of local government after 1994. The objective of this paper is to investigate factors affecting the number of women elected as ward councillors in South Africa. The paper adopts an exploratory research design and is qualitative in nature. It focuses on six local municipalities of the KwaZulu-Natal and Eastern Cape Provinces. Males and female ward and proportional representative councillors were interviewed using face-to-face and telephone techniques. The findings of the study were analysed using content analysis and themes were generated from the interview data. The study revealed that there are more women proportional representative councillors than ward councillors, which confirms the challenge with regard to women’s representation in local politics. The number of women councillors is low and some major factors identified in the study were lack of confidence, education and community involvement; cultural influence; and competitiveness amongst women.

Keywords: Ward councillors, representation, participation, gender, elections.

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