اندرو فیری

دکترای اقتصاد دانشگاه نورث‌وست D.Comm.(Econ))، پروفسور دانشگاه نلسون ماندلای آفریقای جنوبی دکتری اقتصاد
هیئت علمی
پژوهشگر پژوهشکده ادیان و مذاهب
حوزه های مورد علاقه
اقتصاد، بازاریابی، تکنولوژی
اطلاعات تماس
  • 2010-2015

Doctorate in Economics (D.Comm.(Econ)), North West University.

Dissertation Title: “TESTING FOR ASYMMETRIES IN MONETARY AGGREGATES”

Advisors: Prof. W. Kruger and Prof. A. Saayman

  • 2007-2009

Masters in Economics (M.Comm.Econ), North West University.

                                                                           “Dissertation title”: INFLATION AND ECONOMIC GROWTH IN SOUTH AFRICA: INVESTIGATING LINEAR AND THRESHOLD EFFECTS IN THE DATA.

Advisors: Prof. SJH Louw and Prof. PAE Serumaga-Zake

  • 2006-2007

Bachelor of Commerce in Economics with Honours (B.Comm.Econ (HNRS) (Cum Laude)), North West University.

Dissertation Title: INFLATION AND ECONOMIC GROWTH IN SOUTH AFRICA

Advisor: Prof. SJH Louw

Majors: Macroeconomics, Econometrics, Economic Modelling.

Minors: General Equilibrium Economics, Microeconomics, Public Finance

  • 2003-2006

Bachelor of Commerce in Economics (B.Comm.Econ) (Cum Laude), North West University.

Subjects: Macroeconomics, Microeconomics, Financial Theory, Business Management, Mercantile Law.

EMPLOYMENT BACKGROUND

  • November 2019 – Current: Associate professor, Department of Economics, Nelson Mandela University (NMU), Port Elizabeth
  • May 2017 – November 2019: Senior lecturer, Department of Economics, Nelson Mandela University (NMU), Port Elizabeth
  • January 2012 – April 2017: Full-time lecturer, Business Finance, CTI Education Group, Potchefstroom
  • August 2011 – December 2011: Part-time lecturer, Business Finance, CTI Education Group, Potchefstroom
  • January 2008 – December 2008: Part-time lecturer, Department of Economics, North West University
  • January 2007 – February 2008: Graduate Assistant, Department of Economics, North West University

TEACHING EXPERIENCE

  • Advanced econometrics (masters 2018- present)
  • Financial economics (honours level, 2017 – present)
  • Financial econometrics (honours level, 2017 – present)
  • Finance theory and markets (3rd year level, 2011-2016)
  • Mathematics for Business students (1st and 2nd year level, 2012-2016)
  • Mathematics for Information technology students (1st year level, 2012-2016)
  • Introduction to research methods (Honours level, 2007-2008)
  • Principles of macroeconomics (2nd year level, 2008)
  • Introduction to macroeconomics (1st year level, 2008).

  1. Phiri A. (2010), “At what level is inflation least detrimental towards finance-growth activity in South Africa?”, Journal of Sustainable Development in Africa, 12(6) 354-364.
  1. Phiri A. And Lusanga P. (2011), “Can asymmetries account for the empirical failure of the Fisher effect in South Africa?”, Economics Bulletin, 31(3), 1968-1979. (Deans List C-rated)
  1. Phiri A. (2012), “Threshold effects and inflation persistence in South Africa”, Journal of Financial Economic Policy, 4(3), 247-269. (Deans List B-rated)
  1. Phiri A. (2012), “Inflation and economic growth in Zambia: A threshold autoregressive (TAR) econometric approach”, The Bank of Zambia Reader, 1(7).
  1. Phiri A. (2013), “An inquisition to bivariate threshold effects in the inflation-growth correlation: Evaluating South Africa’s macroeconomic objectives”, Business and Economic Horizons, 9(3), 1-11.
  1. Phiri A. (2014), “Nonlinear cointegration between unemployment and economic growth in South Africa”, Managing Global Transitions, 12(4), 303-324.
  1. Dube W. and Phiri A. (2015), “Nutrition and economic growth in South Africa: A threshold cointegration approach”, Journal of Economic Studies, 42(1), 138-156. (Deans List B-rated)
  1. Motlhasedi N. and Phiri A. (2015), “The effects of mass media on corruption in South Africa: A MTAR-TEC perspective”, Economics Bulletin, 35(3), 1607-1616. (Deans List C-rated)
  1. Phiri A. (2015), “Asymmetric cointegration and causality effects between financial development and economic growth in South Africa”, Studies in Economics and Finance, 32(4), 464-484. (Deans List B-rated)
  1. Phiri A. (2015), “Efficient market hypothesis in South Africa: Evidence from linear and nonlinear unit root tests”, Managing Global Transitions, 13(4), 369-387.
  1. Phiri A. (2016), “Examining asymmetric effects in the South African Phillips curve: Evidence from logistic smooth transition regression (LSTR) models”, International Journal of Sustainable Economy, 8(1), 18-42. (Deans List C-rated)
  1. Phiri A. (2016), “Tourism and economic growth in South Africa: Evidence from linear and nonlinear cointegration frameworks”, Managing Global Transitions, 14(1), 45-67.
  1. Phiri A. (2016), “Is South Africa’s inflation target too persistent for monetary policy conduct?”, International Journal of Sustainable Economy, (8)2, 111-124. (Deans List C-rated)
  1. Phiri A. and Nyoni B. (2016), “Re-visiting the electricity-growth nexus in South Africa”, Studies in Business and Economics Journal, 11(1), 97-111.
  1. Phiri A. (2016), “Did the global financial crisis alter equilibrium adjustment dynamics between the US Feds rates and stock market volatility in the SSA region?”, Economics Bulletin, 36(2), 778-788. (Deans List C-rated)
  1. Phiri A. (2016), “Inflation persistence in African countries: Does inflation targeting matter?”, Economics and Business Letters, 5(3), 65-71.
  1. Phiri A. (2016), “The growth trade-off between direct and indirect taxes in South Africa: Evidence from a STR model”, Managing Global Transitions, 14(3), 117-134.
  1. Phiri A. (2017), “Long-run equilibrium adjustment between inflation and stock market returns in South Africa: A nonlinear perspective”, International Journal of Sustainable Economy, 9(1), 19-33. (Deans List C-rated)
  1. Phiri A. (2017), “Changes in inflation persistence priori and subsequent to the global financial crisis: What are the implications for South Africa”, Journal of Reviews on Global Economics, 6, 198-207.
  1. Phiri A. (2017), “Nonlinear adjustment effects in the purchasing power parity”, Journal of Economics and Econometrics, 60(2), 14-38.
  1. Phiri A. (2017), “Nonlinearities in Wagner’s law: Further evidence from South Africa”, International Journal of Sustainable Economy, 9(3), 231-249. (Deans List C-rated)
  1. Phiri A. (2017), “Threshold convergence between the federal fund rate and South African equity returns around the colocation period”, Business and Economic Horizons, 13(1), 1-9.
  1. Phiri A. (2017), “The unemployment-stock market relationship in South Africa: Evidence from symmetric and asymmetric cointergation models”, Managing Global Transitions, 15(3), 231-254.
  1. Phiri A. (2018), “Nonlinear impact of inflation on economic growth in South Africa: A smooth transition regression (STR) analysis”, International Journal of Sustainable Economy, 10(1), 1-17. (Deans List C-rated)
  1. Mapapu B and Phiri A. (2018), “Carbon Emissions and economic growth in South Africa: A quantile regression approach”, International Journal of Energy Economics and Policy, 8(1), 195-202. (Deans List C-rated)
  1. Nomatye A. and Phiri A. (2018), “Investigating the macroeconomic determinants of household debt in South Africa”, International Journal of Economics and Financial Issues 8(2), 62-69.
  1. Malangeni L. and Phiri A. (2018), “Education and economic growth in post-Apartheid South Africa: An ARDL approach”, International Journal of Economics and Financial Issues 8(2), 101-107.
  1. Phiri A. (2018), “Inflation persistence in BRICS countries: A quantile autoregressive (QAR) model”, Business and Economic Horizons, 14(1), 97-104.
  1. Kavese K. and Phiri A. (2018), “Are fiscal budgets sustainable in South Africa? Evidence from provincial level data”, Business and Economic Horizons. 14(2), 415-423.
  1. Phiri A. (2018), “Nonlinear relationship between exchange rate volatility and economic growth: A South African perspective”, Journal of Economics and Econometrics. 61(3), 15-38.
  1. Phiri A. (2018), “Has the SARB responded to equity returns since the sub-prime crisis? An asymmetric convergence approach”, International Journal of Sustainable Economy, 10(3), 205-255. (Deans List C-rated)
  1. Phiri A. (2018), “Monetary policy pass through effects to housing prices in South Africa” submitted to Managing Global Transitions, 16(2), 123-140.
  1. Mothuthi G. and Phiri A. (2018), “Inflation-growth nexus in Botswana: Can lower inflation really spur growth in the country?”, Global Economy Journal. 18(4), 1-11. (Deans List B-rated)
  1. Phiri A. and Nyoni B. (2018), “The electricity-growth nexus in South Africa: Evidence from asymmetric co-integration and co-feature analysis”, International Journal of Energy Economics and Policy, 8(6), 80-88. (Deans List C-rated)
  1. Vayi X. and Phiri A. (2018), “A sequential panel selection approach to cointegration analysis: An application to Wagner’s law for South African provinces”, Economic Research Guardian, 8(1), 25-39.
  1. Khobai H., Hamman N., Mkhombo T., Mhaka S., Mavikela N. and Phiri A. (2018), “The FDI-growth nexus in South Africa: A re-examination using quantile regression approach” Studia Universitatis Babes-Bolyai Oeconomica, 63(3)33-56.
  1. Ruzive T., Mkhombo T., Mhaka S., Mavikela N. and Phiri A. (2019), “Electricity intensity and unemployment in South Africa: A quantile regression analysis”, International Journal of Energy Economics and Policy. 9(1), 31-40. (Deans List C-rated)
  1. Zandile Z. and Phiri A. (2019), “FDI as a contributing factor to economic growth in Burkina Faso: How true is this?”, Global Economy Journal, 19(1), 1-27. (Deans List B-rated)
  1. Pikoko V. and Phiri A. (2019), “Is there hysteresis in South African unemployment? Evidence from the post-recessionary period”, Acta Universitatis Danubius, 15(3), 365-387.
  1. Phiri A. (2019), “The Feldstein-Horioka puzzle and the global financial crisis: Evidence from South Africa using asymmetric cointegration analysis”, Economia Internazionale/International Economics, 72(2), 139-170. (Deans List C-rated)

 

  1. Phiri A. (2019), “Asymmetries in the revenue-expenditure nexus: Evidence from South Africa”, Empirical Economics, 56(5),1515-1547. (Deans List A-rated)
  1. Phiri A. (2019), “Fitting Okun’s law for the Swazi Kingdom: Will a nonlinear specification do?”, Economics Bulletin, 39(2), 1371-1383. (Deans List C-rated)
  1. Dyasi P. and Phiri A. (2019), “A sectoral approach to the electricity-growth nexus in the Eastern Cape province of South Africa”, International Journal of Energy Economics and Policy. 9(6), 1-8. (Deans List C-rated)
  1. Phiri A. (2019), “Does military spending nonlinearly affect economic growth”, Defence and Peace Economics, 30(4), 474-487. (Deans List B-rated)
  1. Phiri A. (2019), “Fiscal sustainability in BRICS countries: Evidence from asymmetric unit root test augmented with Fourier function”, Business and Economic Horizons. 15(2), 254-260.

 

  1. Mavikela N., Mhaka S. and Phiri A. (2019), “The inflation-growth relationship in SSA inflation targeting countries”, Studia Universitatis Babes-Bolyai Oeconomica 64(2), 84-102.

 

  1. Dieu et al. (2019), “Is it the natural rate or hysteresis hypothesis for unemployment rates in Newly Industrialized Economies”, Comparative Economic Research, 22(4), 40-55.

 

  1. Phiri A. (2019), “Economic growth, environmental degradation and business cycles in Eswatini”, Business and Economic Horizons, 15(3), 490-498.

 

  1. Mhlaba N. and Phiri A. (2019), “Is public debt harmful towards economic growth? New evidence from South Africa”, Cogent Economics & Finance. 7(1), 153-160. (Deans List B-rated)

 

  1. Phiri A. (2020), “Structural changes in exchange rate-stock returns dynamics for South Africa: Examining the role of crisis and new trading platform”, Economic Change and Restructuring. 53(1), 171-193. (Deans List B-rated)

 

  1. Phiri A. (2020), “Endogenous monetary approach to optimal inflation-growth nexus in Swaziland”, African Journal of Economic and Management Sciences, 11(4), 559-571. (Deans List C-rated)

 

  1. Phiri A. and Mukuka D. (2020), “Does unemployment aggravate suicide rates in South Africa? Some empirical evidence” Review of Social Economy, 78(4), 532-560. (Deans List B-rated)

 

  1. Phiri A. and Kavese K. (2020), “Optimal tax rates in South Africa: New empirical insights to the existing debate”, International Journal of Sustainable Economy, 12(1), 44-60. (Deans List C-rated)

 

  1. Kavese K. and Phiri A. (2020), “A partial general equilibrium analysis of fiscal policy injections on poverty and inequality in South Africa”, Universitatis Danubius, 16(2). 31-45.

 

  1. De Villiers D., Apopo N. and Phiri A. (2020), “Unobserved structural shifts and asymmetries in the random walk model for stock returns in African frontier markets”, Cogent Economics and Finance, 8(1),. (Deans List B-rated)
  1. Kavese K. and Phiri A. (2020), “A provincial perspective of nonlinear Okun’s law for emerging markets: The case of South Africa”, Studia Universitatis “Vasile Goldis” Arad – Economics Series, 30(3), 59-76.
  1. Karambakuwa T., Ncwadi R. and Phiri A. (2020), “The human capital-economic growth nexus in SSA countries: What can strengthen the relationship?”, International Journal of Social Economics, 47(9), 143-1159. (Deans List B-rated).
  1. Nyoni B. and Phiri A. (2020), “Renewable energy – economic growth nexus in South Africa; linear, nonlinear or non-existent”, International Journal of Energy Economics and Policy, 10(6), 635-644 (Deans List C-rated)
  1. Mchani S. and Phiri A. (2020), “Export structure and growth: How does Africa fair against the world?”, International Journal of Sustainable Economy, 12(2), 184-203. (Deans List C-rated)
  1. Kavese K. and Phiri A. (2020), “Microsimulations of a dynamic SUT economy-wide Leontief-based model for the South African Economy”, South African Journal of Economic and Management Sciences (forthcoming), 23(1), a3431. (Deans List C-rated)
  1. Mbekeni L. and Phiri A. (2020), “South African unemployment in the post-crisis era: What are the determinants?”, Oeconomica Stetinensia, 20(2), 230-248.

 

  1. Matonana N. and Phiri A. (2020), “Convergence dynamics between South Africa and her main trading partners”, Managing Global Transitions, 18(1). 25-44.

 

  1. Kavese K. and Phiri A. (2021), “Fiscal cyclicality in South African public expenditures: Do asymmetries explain the inconsistencies?”, Journal of Developing Areas, 55(2), 183-203 (Deans List B-rated).

 

  1. Phiri A. (2021), “Beyond the chains: Slavery and Africa’s wealth gap with the world”, Economics Bulletin, 41(1), 103-116. (Deans List C-rated)
  1. Siswana S. and Phiri A. (2021), “Is export diversification or export specialization responsible for economic growth in BRICS countries?”, The International Trade Journal, 35(3), 243-261. (Deans List B-rated).
  1. Anyikwa I., Hamman N. and Phiri A. (2021), “Persistence of suicides in G20 countries: SPSM approach to three generations of unit root tests”, Comparative Economic Research 24(2), 153-173.
  1. Ruzive T., Wait C. and Phiri A. (2021), “Asymmetric relationship between financial inclusion and growth in BRICS countries”, International Journal of Sustainable Economy, 13(3), 281-305. (Deans List C-rated).

 

  1. Phiri A. (2021), “Is Neo-Fisherism ‘alive’ in South Africa? A frequency domain causality approach”, Macroeconomics and Finance in Emerging Market Economies, 14(2), 142-156. (Deans List C-rated)

 

  1. Ngeendepi E. and Phiri A. (2021), “Do FDI and public investment crowd in/out domestic private investment in the SADC region”, Managing Global Transitions, 19(1), 3-25.
  1. Apopo N. and Phiri A. (2021), “On the (in)efficiency of cryptocurrencies: Have they taken daily or weekly random walks?”, Heliyon, 7(4), e06685.
  1. Phiri A. (2021), “The creative industries and economic performance: Should South Africa invest in movies?”, Journal of African Films and Diaspora Studies, 4(2), 125-144.

 

  1. Doku I., Ncwadi R. and Phiri A. (2021), “Determinants of climate finance: Analysis of recipient characteristics in Sub-Sahara Africa”, Cogent Economics and Finance, 9(1), e1964212. (Deans List B-rated).
  1. Doku I., Ncwadi R. and Phiri A. (2021), “Examining the role of climate finance in the Environmental Kuznet Curve for Sub-Sahara Africa”, Cogent Economics and Finance (forthcoming). (Deans List B-rated).
  1. Phiri A. and Mbekeni L. (2021), “Fisher’s hypothesis, survey-based expectations and asymmetric adjustments: Empirical evidence from South Africa”, International Economics and Economics Policy, 18(4), 825-846. (Deans List B-rated).
  1. Mbekeni L. and Phiri A. (2021), “Can the South African Reserve Bank (SARB) protect the purchasing power of citizens? A new look at Fisher hypothesis”, Studies in Economics and Econometrics, 45(3), 149-163. (Deans List B-rated).
  1. Doku I., Ncwadi R. and Phiri A. (2021), “Climate finance and deforestation: An econometric analysis of the forest transition curve in Sub-Sahara Africa”, International Journal of Green Economics, 15(3), 253-273. (Deans List C-rated).

 

  1. de Villiers D. and Phiri A. (2022), “Towards resolving the PPP ‘puzzle’ in New Industrialized Countries”, The Journal of International Trade and Economic Development. 31(2), 161-180. (Deans List B-rated).
  1. Phiri A. (2022), “Time and frequency co-movements between COVID-19 health outcomes and currencies in BRICS countries”, Economic Change and Restructuring, 55(3), (Deans List B-rated).
  1. Phiri A. and Chuma M. (2022), “Fiscal expenditures, revenues and labour productivity in South Africa”, Cogent Economics and Finance, 10(1), e2062912. (Deans List B-rated).
  1. Hamman N. and Phiri A. (2022), “Using nighttime luminosity as a proxy for economic growth: Is it a bright idea for Africa?”, Managing Global Transitions, 20(2), 139-165.
  1. Phiri A. (2022), “Can wavelets produce a clearer picture of weak-form efficiency in Bitcoin markets?”, Eurasian Economic Review, 12(3), 373-386. (Deans List B-rated).
  1. Doku I. and Phiri A. (2022), “Climate finance and hunger among non-Annex I countries: Evidence from SSA region”, International Journal of Sustainable Economy, 14(4), 380-398. (Deans List C-rated).
  1. Phiri A. (2022), “Central bank governor turnover and inflation in Zambia: Using complex wavelets for a clearer picture”, Cogent Business and Management, 9(1), e2132610.
  1. Mkhombo T. and Phiri A. (2022), “Investigating Fisher effect in SACU countries: A wavelet coherence approach”, Cogent Economics and Finance, 10(1), e2142308. (Deans List B-rated).

 

  1. Phiri A. (2022), “Pursuing the Phillips curve in an African monarchy: The Swazi case”, Contemporary Economics, 16(2), 460-478. (Deans List C-rated).
  1. Marope A. and Phiri A. (2023), “Does loadshedding affect the housing market in South Africa? Some empirical evidence”, International Journal of Housing Markets and Analysis, (forthcoming) (Deans List B-rated).
  1. Moyo C., Anyikwa I. and Phiri A. (2023), “The impact of COVID-19 on oil market prices during the first wave of infection”, International Journal of Energy Economics and Policy, 13(1), 118-127. (Deans List C-rated).

 

  1. Phiri A., Anyikwa I. and Moyo C. (2023), “Co-movement between COVID-19 and G20 stock market returns: A time and frequency analysis”, Heliyon, 9(4), e14195.

 

  1. Hamman N. and Phiri A. (2023), “Is newer better? Evaluating the suitability of DMSP-OLS nighttime data in proxing poverty in Africa”, African Journal of Economic and Management Sciences, 14(1), 150-167 (Deans List C-rated).

 

  1. Mhaka S., Ncwadi R. and Phiri A. (2023), “Industry-level evidence of J-curve effects in the SACU region”, Managing Global Transitions, 21(1), 23-40.
  1. Anyikwa I. and Phiri A. (2023), “Dynamics of return and volatility spillovers between industrialized, emerging and African equity markets during the COVID-19 pandemic and Russia-Ukraine war”, Studies in Economics and Econometrics, 47(1), 144-168 (Deans List B-rated).

 

  1. Phiri A. and Tembo D. (2023), “Ecological based Environmental Kuznets Curve for Africa: Evidence from the Fishery sector at continental, regional and country-specific levels”, Cogent Economics and Finance, 11(1), 2225917 (Deans List B-rated).
  1. Phiri A. and Fotoyi A. (2023), “How much is too much debt in South Africa: A threshold nonlinear autoregressive distributive lag perspective”, Managing Global Transitions, 21(2), 93-120.
  1. Phiri A. and Nyoni B. (2023), “Clean versus dirty electricity generation and economic growth in South Africa: A time-frequency study”, Economic Change and Restructuring, 56(4), 2801-2824 (Deans List B-rated).

 

  1. Moyo C. and Phiri A. (2023), “Re-examining Bitcoin’s price-volume relationship: A time-varying spectral analysis”, Journal of Risk and Financial Management, 16(7), #324 (Deans List B-rated).

 

  1. Phiri A. (2023), “Fisher effect in time-frequency space: A premier for South Africa”, Quality and Quantity: International Journal of Methodology, 57, 4255-4284. (Deans List B-rated).

 

  1. Phiri A., Mhaka S. and Taonezvi L. (2023), “Too poor to be clean: A quantile ARDL assessment of the Environmental Kuznets curve in SADC countries”, Environment, Development and Sustainability (forthcoming).
  1. Anyikwa I. and Phiri A. (2023), “Quantile connectedness amongst BRICS equity markets during the COVID-19 pandemic and Russia-Ukraine war”, Cogent Economics and Finance 11(2), #2251300 (Deans List B-rated).
  1. Phiri A. (2023), “Re-examining the South African Reserve Bank’s (SARB) policy reaction function”, Managing Global Transitions, 21(3), 269-293.
  1. Mkhombo T. and Phiri A. (2023), “Wavelet-based analysis of the co-movement between exchange rate and stock returns in SACU countries”, Journal of Developing Areas, 57(4), 29-53 (Deans List B-rated).

  • 2010-2015

Doctorate in Economics (D.Comm.(Econ)), North West University.

Dissertation Title: “TESTING FOR ASYMMETRIES IN MONETARY AGGREGATES”

Advisors: Prof. W. Kruger and Prof. A. Saayman

  • 2007-2009

Masters in Economics (M.Comm.Econ), North West University.

                                                                           “Dissertation title”: INFLATION AND ECONOMIC GROWTH IN SOUTH AFRICA: INVESTIGATING LINEAR AND THRESHOLD EFFECTS IN THE DATA.

Advisors: Prof. SJH Louw and Prof. PAE Serumaga-Zake

  • 2006-2007

Bachelor of Commerce in Economics with Honours (B.Comm.Econ (HNRS) (Cum Laude)), North West University.

Dissertation Title: INFLATION AND ECONOMIC GROWTH IN SOUTH AFRICA

Advisor: Prof. SJH Louw

Majors: Macroeconomics, Econometrics, Economic Modelling.

Minors: General Equilibrium Economics, Microeconomics, Public Finance

  • 2003-2006

Bachelor of Commerce in Economics (B.Comm.Econ) (Cum Laude), North West University.

Subjects: Macroeconomics, Microeconomics, Financial Theory, Business Management, Mercantile Law.

EMPLOYMENT BACKGROUND

  • November 2019 – Current: Associate professor, Department of Economics, Nelson Mandela University (NMU), Port Elizabeth
  • May 2017 – November 2019: Senior lecturer, Department of Economics, Nelson Mandela University (NMU), Port Elizabeth
  • January 2012 – April 2017: Full-time lecturer, Business Finance, CTI Education Group, Potchefstroom
  • August 2011 – December 2011: Part-time lecturer, Business Finance, CTI Education Group, Potchefstroom
  • January 2008 – December 2008: Part-time lecturer, Department of Economics, North West University
  • January 2007 – February 2008: Graduate Assistant, Department of Economics, North West University

TEACHING EXPERIENCE

  • Advanced econometrics (masters 2018- present)
  • Financial economics (honours level, 2017 – present)
  • Financial econometrics (honours level, 2017 – present)
  • Finance theory and markets (3rd year level, 2011-2016)
  • Mathematics for Business students (1st and 2nd year level, 2012-2016)
  • Mathematics for Information technology students (1st year level, 2012-2016)
  • Introduction to research methods (Honours level, 2007-2008)
  • Principles of macroeconomics (2nd year level, 2008)
  • Introduction to macroeconomics (1st year level, 2008).

  1. Phiri A. (2010), “At what level is inflation least detrimental towards finance-growth activity in South Africa?”, Journal of Sustainable Development in Africa, 12(6) 354-364.
  1. Phiri A. And Lusanga P. (2011), “Can asymmetries account for the empirical failure of the Fisher effect in South Africa?”, Economics Bulletin, 31(3), 1968-1979. (Deans List C-rated)
  1. Phiri A. (2012), “Threshold effects and inflation persistence in South Africa”, Journal of Financial Economic Policy, 4(3), 247-269. (Deans List B-rated)
  1. Phiri A. (2012), “Inflation and economic growth in Zambia: A threshold autoregressive (TAR) econometric approach”, The Bank of Zambia Reader, 1(7).
  1. Phiri A. (2013), “An inquisition to bivariate threshold effects in the inflation-growth correlation: Evaluating South Africa’s macroeconomic objectives”, Business and Economic Horizons, 9(3), 1-11.
  1. Phiri A. (2014), “Nonlinear cointegration between unemployment and economic growth in South Africa”, Managing Global Transitions, 12(4), 303-324.
  1. Dube W. and Phiri A. (2015), “Nutrition and economic growth in South Africa: A threshold cointegration approach”, Journal of Economic Studies, 42(1), 138-156. (Deans List B-rated)
  1. Motlhasedi N. and Phiri A. (2015), “The effects of mass media on corruption in South Africa: A MTAR-TEC perspective”, Economics Bulletin, 35(3), 1607-1616. (Deans List C-rated)
  1. Phiri A. (2015), “Asymmetric cointegration and causality effects between financial development and economic growth in South Africa”, Studies in Economics and Finance, 32(4), 464-484. (Deans List B-rated)
  1. Phiri A. (2015), “Efficient market hypothesis in South Africa: Evidence from linear and nonlinear unit root tests”, Managing Global Transitions, 13(4), 369-387.
  1. Phiri A. (2016), “Examining asymmetric effects in the South African Phillips curve: Evidence from logistic smooth transition regression (LSTR) models”, International Journal of Sustainable Economy, 8(1), 18-42. (Deans List C-rated)
  1. Phiri A. (2016), “Tourism and economic growth in South Africa: Evidence from linear and nonlinear cointegration frameworks”, Managing Global Transitions, 14(1), 45-67.
  1. Phiri A. (2016), “Is South Africa’s inflation target too persistent for monetary policy conduct?”, International Journal of Sustainable Economy, (8)2, 111-124. (Deans List C-rated)
  1. Phiri A. and Nyoni B. (2016), “Re-visiting the electricity-growth nexus in South Africa”, Studies in Business and Economics Journal, 11(1), 97-111.
  1. Phiri A. (2016), “Did the global financial crisis alter equilibrium adjustment dynamics between the US Feds rates and stock market volatility in the SSA region?”, Economics Bulletin, 36(2), 778-788. (Deans List C-rated)
  1. Phiri A. (2016), “Inflation persistence in African countries: Does inflation targeting matter?”, Economics and Business Letters, 5(3), 65-71.
  1. Phiri A. (2016), “The growth trade-off between direct and indirect taxes in South Africa: Evidence from a STR model”, Managing Global Transitions, 14(3), 117-134.
  1. Phiri A. (2017), “Long-run equilibrium adjustment between inflation and stock market returns in South Africa: A nonlinear perspective”, International Journal of Sustainable Economy, 9(1), 19-33. (Deans List C-rated)
  1. Phiri A. (2017), “Changes in inflation persistence priori and subsequent to the global financial crisis: What are the implications for South Africa”, Journal of Reviews on Global Economics, 6, 198-207.
  1. Phiri A. (2017), “Nonlinear adjustment effects in the purchasing power parity”, Journal of Economics and Econometrics, 60(2), 14-38.
  1. Phiri A. (2017), “Nonlinearities in Wagner’s law: Further evidence from South Africa”, International Journal of Sustainable Economy, 9(3), 231-249. (Deans List C-rated)
  1. Phiri A. (2017), “Threshold convergence between the federal fund rate and South African equity returns around the colocation period”, Business and Economic Horizons, 13(1), 1-9.
  1. Phiri A. (2017), “The unemployment-stock market relationship in South Africa: Evidence from symmetric and asymmetric cointergation models”, Managing Global Transitions, 15(3), 231-254.
  1. Phiri A. (2018), “Nonlinear impact of inflation on economic growth in South Africa: A smooth transition regression (STR) analysis”, International Journal of Sustainable Economy, 10(1), 1-17. (Deans List C-rated)
  1. Mapapu B and Phiri A. (2018), “Carbon Emissions and economic growth in South Africa: A quantile regression approach”, International Journal of Energy Economics and Policy, 8(1), 195-202. (Deans List C-rated)
  1. Nomatye A. and Phiri A. (2018), “Investigating the macroeconomic determinants of household debt in South Africa”, International Journal of Economics and Financial Issues 8(2), 62-69.
  1. Malangeni L. and Phiri A. (2018), “Education and economic growth in post-Apartheid South Africa: An ARDL approach”, International Journal of Economics and Financial Issues 8(2), 101-107.
  1. Phiri A. (2018), “Inflation persistence in BRICS countries: A quantile autoregressive (QAR) model”, Business and Economic Horizons, 14(1), 97-104.
  1. Kavese K. and Phiri A. (2018), “Are fiscal budgets sustainable in South Africa? Evidence from provincial level data”, Business and Economic Horizons. 14(2), 415-423.
  1. Phiri A. (2018), “Nonlinear relationship between exchange rate volatility and economic growth: A South African perspective”, Journal of Economics and Econometrics. 61(3), 15-38.
  1. Phiri A. (2018), “Has the SARB responded to equity returns since the sub-prime crisis? An asymmetric convergence approach”, International Journal of Sustainable Economy, 10(3), 205-255. (Deans List C-rated)
  1. Phiri A. (2018), “Monetary policy pass through effects to housing prices in South Africa” submitted to Managing Global Transitions, 16(2), 123-140.
  1. Mothuthi G. and Phiri A. (2018), “Inflation-growth nexus in Botswana: Can lower inflation really spur growth in the country?”, Global Economy Journal. 18(4), 1-11. (Deans List B-rated)
  1. Phiri A. and Nyoni B. (2018), “The electricity-growth nexus in South Africa: Evidence from asymmetric co-integration and co-feature analysis”, International Journal of Energy Economics and Policy, 8(6), 80-88. (Deans List C-rated)
  1. Vayi X. and Phiri A. (2018), “A sequential panel selection approach to cointegration analysis: An application to Wagner’s law for South African provinces”, Economic Research Guardian, 8(1), 25-39.
  1. Khobai H., Hamman N., Mkhombo T., Mhaka S., Mavikela N. and Phiri A. (2018), “The FDI-growth nexus in South Africa: A re-examination using quantile regression approach” Studia Universitatis Babes-Bolyai Oeconomica, 63(3)33-56.
  1. Ruzive T., Mkhombo T., Mhaka S., Mavikela N. and Phiri A. (2019), “Electricity intensity and unemployment in South Africa: A quantile regression analysis”, International Journal of Energy Economics and Policy. 9(1), 31-40. (Deans List C-rated)
  1. Zandile Z. and Phiri A. (2019), “FDI as a contributing factor to economic growth in Burkina Faso: How true is this?”, Global Economy Journal, 19(1), 1-27. (Deans List B-rated)
  1. Pikoko V. and Phiri A. (2019), “Is there hysteresis in South African unemployment? Evidence from the post-recessionary period”, Acta Universitatis Danubius, 15(3), 365-387.
  1. Phiri A. (2019), “The Feldstein-Horioka puzzle and the global financial crisis: Evidence from South Africa using asymmetric cointegration analysis”, Economia Internazionale/International Economics, 72(2), 139-170. (Deans List C-rated)

 

  1. Phiri A. (2019), “Asymmetries in the revenue-expenditure nexus: Evidence from South Africa”, Empirical Economics, 56(5),1515-1547. (Deans List A-rated)
  1. Phiri A. (2019), “Fitting Okun’s law for the Swazi Kingdom: Will a nonlinear specification do?”, Economics Bulletin, 39(2), 1371-1383. (Deans List C-rated)
  1. Dyasi P. and Phiri A. (2019), “A sectoral approach to the electricity-growth nexus in the Eastern Cape province of South Africa”, International Journal of Energy Economics and Policy. 9(6), 1-8. (Deans List C-rated)
  1. Phiri A. (2019), “Does military spending nonlinearly affect economic growth”, Defence and Peace Economics, 30(4), 474-487. (Deans List B-rated)
  1. Phiri A. (2019), “Fiscal sustainability in BRICS countries: Evidence from asymmetric unit root test augmented with Fourier function”, Business and Economic Horizons. 15(2), 254-260.

 

  1. Mavikela N., Mhaka S. and Phiri A. (2019), “The inflation-growth relationship in SSA inflation targeting countries”, Studia Universitatis Babes-Bolyai Oeconomica 64(2), 84-102.

 

  1. Dieu et al. (2019), “Is it the natural rate or hysteresis hypothesis for unemployment rates in Newly Industrialized Economies”, Comparative Economic Research, 22(4), 40-55.

 

  1. Phiri A. (2019), “Economic growth, environmental degradation and business cycles in Eswatini”, Business and Economic Horizons, 15(3), 490-498.

 

  1. Mhlaba N. and Phiri A. (2019), “Is public debt harmful towards economic growth? New evidence from South Africa”, Cogent Economics & Finance. 7(1), 153-160. (Deans List B-rated)

 

  1. Phiri A. (2020), “Structural changes in exchange rate-stock returns dynamics for South Africa: Examining the role of crisis and new trading platform”, Economic Change and Restructuring. 53(1), 171-193. (Deans List B-rated)

 

  1. Phiri A. (2020), “Endogenous monetary approach to optimal inflation-growth nexus in Swaziland”, African Journal of Economic and Management Sciences, 11(4), 559-571. (Deans List C-rated)

 

  1. Phiri A. and Mukuka D. (2020), “Does unemployment aggravate suicide rates in South Africa? Some empirical evidence” Review of Social Economy, 78(4), 532-560. (Deans List B-rated)

 

  1. Phiri A. and Kavese K. (2020), “Optimal tax rates in South Africa: New empirical insights to the existing debate”, International Journal of Sustainable Economy, 12(1), 44-60. (Deans List C-rated)

 

  1. Kavese K. and Phiri A. (2020), “A partial general equilibrium analysis of fiscal policy injections on poverty and inequality in South Africa”, Universitatis Danubius, 16(2). 31-45.

 

  1. De Villiers D., Apopo N. and Phiri A. (2020), “Unobserved structural shifts and asymmetries in the random walk model for stock returns in African frontier markets”, Cogent Economics and Finance, 8(1),. (Deans List B-rated)
  1. Kavese K. and Phiri A. (2020), “A provincial perspective of nonlinear Okun’s law for emerging markets: The case of South Africa”, Studia Universitatis “Vasile Goldis” Arad – Economics Series, 30(3), 59-76.
  1. Karambakuwa T., Ncwadi R. and Phiri A. (2020), “The human capital-economic growth nexus in SSA countries: What can strengthen the relationship?”, International Journal of Social Economics, 47(9), 143-1159. (Deans List B-rated).
  1. Nyoni B. and Phiri A. (2020), “Renewable energy – economic growth nexus in South Africa; linear, nonlinear or non-existent”, International Journal of Energy Economics and Policy, 10(6), 635-644 (Deans List C-rated)
  1. Mchani S. and Phiri A. (2020), “Export structure and growth: How does Africa fair against the world?”, International Journal of Sustainable Economy, 12(2), 184-203. (Deans List C-rated)
  1. Kavese K. and Phiri A. (2020), “Microsimulations of a dynamic SUT economy-wide Leontief-based model for the South African Economy”, South African Journal of Economic and Management Sciences (forthcoming), 23(1), a3431. (Deans List C-rated)
  1. Mbekeni L. and Phiri A. (2020), “South African unemployment in the post-crisis era: What are the determinants?”, Oeconomica Stetinensia, 20(2), 230-248.

 

  1. Matonana N. and Phiri A. (2020), “Convergence dynamics between South Africa and her main trading partners”, Managing Global Transitions, 18(1). 25-44.

 

  1. Kavese K. and Phiri A. (2021), “Fiscal cyclicality in South African public expenditures: Do asymmetries explain the inconsistencies?”, Journal of Developing Areas, 55(2), 183-203 (Deans List B-rated).

 

  1. Phiri A. (2021), “Beyond the chains: Slavery and Africa’s wealth gap with the world”, Economics Bulletin, 41(1), 103-116. (Deans List C-rated)
  1. Siswana S. and Phiri A. (2021), “Is export diversification or export specialization responsible for economic growth in BRICS countries?”, The International Trade Journal, 35(3), 243-261. (Deans List B-rated).
  1. Anyikwa I., Hamman N. and Phiri A. (2021), “Persistence of suicides in G20 countries: SPSM approach to three generations of unit root tests”, Comparative Economic Research 24(2), 153-173.
  1. Ruzive T., Wait C. and Phiri A. (2021), “Asymmetric relationship between financial inclusion and growth in BRICS countries”, International Journal of Sustainable Economy, 13(3), 281-305. (Deans List C-rated).

 

  1. Phiri A. (2021), “Is Neo-Fisherism ‘alive’ in South Africa? A frequency domain causality approach”, Macroeconomics and Finance in Emerging Market Economies, 14(2), 142-156. (Deans List C-rated)

 

  1. Ngeendepi E. and Phiri A. (2021), “Do FDI and public investment crowd in/out domestic private investment in the SADC region”, Managing Global Transitions, 19(1), 3-25.
  1. Apopo N. and Phiri A. (2021), “On the (in)efficiency of cryptocurrencies: Have they taken daily or weekly random walks?”, Heliyon, 7(4), e06685.
  1. Phiri A. (2021), “The creative industries and economic performance: Should South Africa invest in movies?”, Journal of African Films and Diaspora Studies, 4(2), 125-144.

 

  1. Doku I., Ncwadi R. and Phiri A. (2021), “Determinants of climate finance: Analysis of recipient characteristics in Sub-Sahara Africa”, Cogent Economics and Finance, 9(1), e1964212. (Deans List B-rated).
  1. Doku I., Ncwadi R. and Phiri A. (2021), “Examining the role of climate finance in the Environmental Kuznet Curve for Sub-Sahara Africa”, Cogent Economics and Finance (forthcoming). (Deans List B-rated).
  1. Phiri A. and Mbekeni L. (2021), “Fisher’s hypothesis, survey-based expectations and asymmetric adjustments: Empirical evidence from South Africa”, International Economics and Economics Policy, 18(4), 825-846. (Deans List B-rated).
  1. Mbekeni L. and Phiri A. (2021), “Can the South African Reserve Bank (SARB) protect the purchasing power of citizens? A new look at Fisher hypothesis”, Studies in Economics and Econometrics, 45(3), 149-163. (Deans List B-rated).
  1. Doku I., Ncwadi R. and Phiri A. (2021), “Climate finance and deforestation: An econometric analysis of the forest transition curve in Sub-Sahara Africa”, International Journal of Green Economics, 15(3), 253-273. (Deans List C-rated).

 

  1. de Villiers D. and Phiri A. (2022), “Towards resolving the PPP ‘puzzle’ in New Industrialized Countries”, The Journal of International Trade and Economic Development. 31(2), 161-180. (Deans List B-rated).
  1. Phiri A. (2022), “Time and frequency co-movements between COVID-19 health outcomes and currencies in BRICS countries”, Economic Change and Restructuring, 55(3), (Deans List B-rated).
  1. Phiri A. and Chuma M. (2022), “Fiscal expenditures, revenues and labour productivity in South Africa”, Cogent Economics and Finance, 10(1), e2062912. (Deans List B-rated).
  1. Hamman N. and Phiri A. (2022), “Using nighttime luminosity as a proxy for economic growth: Is it a bright idea for Africa?”, Managing Global Transitions, 20(2), 139-165.
  1. Phiri A. (2022), “Can wavelets produce a clearer picture of weak-form efficiency in Bitcoin markets?”, Eurasian Economic Review, 12(3), 373-386. (Deans List B-rated).
  1. Doku I. and Phiri A. (2022), “Climate finance and hunger among non-Annex I countries: Evidence from SSA region”, International Journal of Sustainable Economy, 14(4), 380-398. (Deans List C-rated).
  1. Phiri A. (2022), “Central bank governor turnover and inflation in Zambia: Using complex wavelets for a clearer picture”, Cogent Business and Management, 9(1), e2132610.
  1. Mkhombo T. and Phiri A. (2022), “Investigating Fisher effect in SACU countries: A wavelet coherence approach”, Cogent Economics and Finance, 10(1), e2142308. (Deans List B-rated).

 

  1. Phiri A. (2022), “Pursuing the Phillips curve in an African monarchy: The Swazi case”, Contemporary Economics, 16(2), 460-478. (Deans List C-rated).
  1. Marope A. and Phiri A. (2023), “Does loadshedding affect the housing market in South Africa? Some empirical evidence”, International Journal of Housing Markets and Analysis, (forthcoming) (Deans List B-rated).
  1. Moyo C., Anyikwa I. and Phiri A. (2023), “The impact of COVID-19 on oil market prices during the first wave of infection”, International Journal of Energy Economics and Policy, 13(1), 118-127. (Deans List C-rated).

 

  1. Phiri A., Anyikwa I. and Moyo C. (2023), “Co-movement between COVID-19 and G20 stock market returns: A time and frequency analysis”, Heliyon, 9(4), e14195.

 

  1. Hamman N. and Phiri A. (2023), “Is newer better? Evaluating the suitability of DMSP-OLS nighttime data in proxing poverty in Africa”, African Journal of Economic and Management Sciences, 14(1), 150-167 (Deans List C-rated).

 

  1. Mhaka S., Ncwadi R. and Phiri A. (2023), “Industry-level evidence of J-curve effects in the SACU region”, Managing Global Transitions, 21(1), 23-40.
  1. Anyikwa I. and Phiri A. (2023), “Dynamics of return and volatility spillovers between industrialized, emerging and African equity markets during the COVID-19 pandemic and Russia-Ukraine war”, Studies in Economics and Econometrics, 47(1), 144-168 (Deans List B-rated).

 

  1. Phiri A. and Tembo D. (2023), “Ecological based Environmental Kuznets Curve for Africa: Evidence from the Fishery sector at continental, regional and country-specific levels”, Cogent Economics and Finance, 11(1), 2225917 (Deans List B-rated).
  1. Phiri A. and Fotoyi A. (2023), “How much is too much debt in South Africa: A threshold nonlinear autoregressive distributive lag perspective”, Managing Global Transitions, 21(2), 93-120.
  1. Phiri A. and Nyoni B. (2023), “Clean versus dirty electricity generation and economic growth in South Africa: A time-frequency study”, Economic Change and Restructuring, 56(4), 2801-2824 (Deans List B-rated).

 

  1. Moyo C. and Phiri A. (2023), “Re-examining Bitcoin’s price-volume relationship: A time-varying spectral analysis”, Journal of Risk and Financial Management, 16(7), #324 (Deans List B-rated).

 

  1. Phiri A. (2023), “Fisher effect in time-frequency space: A premier for South Africa”, Quality and Quantity: International Journal of Methodology, 57, 4255-4284. (Deans List B-rated).

 

  1. Phiri A., Mhaka S. and Taonezvi L. (2023), “Too poor to be clean: A quantile ARDL assessment of the Environmental Kuznets curve in SADC countries”, Environment, Development and Sustainability (forthcoming).
  1. Anyikwa I. and Phiri A. (2023), “Quantile connectedness amongst BRICS equity markets during the COVID-19 pandemic and Russia-Ukraine war”, Cogent Economics and Finance 11(2), #2251300 (Deans List B-rated).
  1. Phiri A. (2023), “Re-examining the South African Reserve Bank’s (SARB) policy reaction function”, Managing Global Transitions, 21(3), 269-293.
  1. Mkhombo T. and Phiri A. (2023), “Wavelet-based analysis of the co-movement between exchange rate and stock returns in SACU countries”, Journal of Developing Areas, 57(4), 29-53 (Deans List B-rated).