In his study, Analysis of key economic sectors promoting local economic development (LED) for strategy development in the Capricorn region, Limpopo Province, Dr Rufaro Garidzirai utilised a panel ARDL econometric model to analyse the key sectors that contribute to economic growth, employment and poverty alleviation in the region. To achieve his objective, he employed four models with the following dependent variables: economic growth, employment, poverty alleviation and a unique LED index.
According to Prof Danie Meyer, the promoter of the study, the results of the study contributes significantly to the body of LED knowledge. The outcomes further supports the notion that sectors such as agriculture and manufacturing require improved production methods through innovation, incentive and support. The latter will furthermore need to be supported by policy implementation and skills training as to comprehensively contribute substantially to LED in the region.
More about Dr Rufaro Garidzirai
Dr Garidzirai was born on 6 March 1989 in Kadoma, Zimbabwe. He is currently a lecturer in economics at the University of Limpopo. He holds a BCom in economics, BComHons in economics (cum laude) and a MCom in economics from the NWU. He is a recipient of various noteworthy academic accolades, including a Top Student Award in his first year in economics and the overall Best Student Award for BCom students in economics. He was furthermore awarded an academic excellence accolade by Economic Research South Africa. In 2015 he enrolled at the NWU for his PhD degree.
* The Capricorn region is one of five districts of the province and is home to 1 154 673 people. The seat of Capricorn is Polokwane.
Dr Rufaro received his doctorate degree during the Autumn Graduation Ceremony of the North-West University’s campus in Vanderbijlpark. Here he is with his promoter, Prof Danie Meyer.
