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Record W2103577582

Determining the predictors of living standards in South Africa : a real world econometric approach

2008· article· en· W2103577582 on OpenAlexaboutno aff
Carel J. van Aardt

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Analysis and Policy
Canadian institutionsnot available
Fundersnot available
KeywordsStandard of livingVariablesRegression analysisContext (archaeology)EconometricsSocioeconomic statusVariance (accounting)Variable (mathematics)Quarter (Canadian coin)Structural equation modelingEconometric modelExplained variationEconometric analysisRegressionStatisticsEconomicsMathematicsGeographyDemographyPopulationSociology
DOInot available

Abstract

fetched live from OpenAlex

B S T R A C T This study aims to determine the strength of various demographic and socioeconomic variables in predicting changes in living standards over the period 1997 to 2006. Data for analysis and modelling purposes ± from the All Media and Products Surveys (AMPS) for the period 1997 to 2006 ± were used in an econometric model that made use of regression analysis to determine the optimal mix of variables predicting living standards as well as the individual strengths of such variables in predicting living standards. This was done in order to gain a comprehensive understanding of the individual variables that impact on living standards in the South African context and the ways in which such variables conjointly enhance or inhibit improvements in living standards. To determine whether the different variables predict living standards separately or conjointly, a co-integration analysis was done as part of the regression analysis. From the regression analysis, it appears that six predictor variables (three variables exogenous to the equation and three variables endogenous to the equation) jointly succeeded in predicting 93.1 % of the variance in living standards. These variables were `income', `employment ' and `education ' (endogenous variables) and `province', `race ' and `type of area ' (exogenous variables). It was determined by means of the co-integration analysis that the social variables conjointly predict living standards. The strongest predictor of living standards found in this study was the variable `income', which predicted a quarter of the variance in living standards in the analysis conducted. The second strongest predictor of living standards in South Africa was a variable exogenous to the equation, namely `race', which is not surprising in the light of the fact that the broader black population group (comprising Africans, Asians and Coloureds) have made considerable headway in improving their living standards driven by a range of labour market segmentation legislation, policies and practices. It appears from the findings of this

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.006
metaresearch head score (Gemma)0.014
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.042
Threshold uncertainty score0.084

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0060.014
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0030.003
Science and technology studies0.0010.001
Scholarly communication0.0020.001
Open science0.0010.001
Research integrity0.0010.002
Insufficient payload (model declined to judge)0.0040.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.058
GPT teacher head0.227
Teacher spread0.169 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations7
Published2008
Admission routes1
Has abstractyes

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