SOUTH AFRICAN GOLD MINING IN 1974: ‘THE GOLD OF MIGRANT LABOUR’

1975 ◽  
Vol 74 (295) ◽  
pp. 196-208 ◽  
Author(s):  
ROGER LEYS
Keyword(s):  
South African ◽  
Gold Mining ◽  
Migrant Labour ◽  
South African Gold

South African gold mining taxation

1984 ◽  
Vol 10 (4) ◽  
pp. 263-268 ◽  
Author(s):  
S.A. Cloete ◽  
W.C.J. van Rensburg
Keyword(s):  
South African ◽  
Gold Mining ◽  
South African Gold

scholarly journals The Employment Effects of Mergers in a Declining Industry: The Case of South African Gold Mining

2008 ◽  
Vol 8 (1) ◽  
Author(s):  
Alberto Behar ◽  
James Hodge
Keyword(s):  
Mergers And Acquisitions ◽  
South African ◽  
Gold Mining ◽  
Mining Industry ◽  
The United States ◽  
Real Wages ◽  
Employment Effects ◽  
Good Setting ◽  
Negative Effect ◽  
South African Gold

Abstract With data from the South African gold mining industry, we find evidence consistent with theories that mergers and acquisitions allow for the shedding of excess labor. Mergers are arguably exogenous in our sample, while an industry in decline can provide a good setting for testing the theories. The data clearly portray rises in real wages and falling employment after the end of apartheid. We find evidence of a significant negative effect of mergers/acquisitions on employment. The magnitude is similar to the effect in Continental Europe and larger than the effect in the United States. This supports the view that negative employment impacts are more likely in rigid labor markets.

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