The Macroeconomic, Industrial, Distributional and Regional Effects of Government Spending Programs in South Africa
Mark Horridge (),
Brian R. Parmenter,
Areef Suleman and
Dawie de Jongh
Centre of Policy Studies/IMPACT Centre Working Papers from Victoria University, Centre of Policy Studies/IMPACT Centre
A computable general equilibrium model of the South African economy (IDC-GEM) is outlined. The model is used to analyse the effects on the economy of increases in government spending such as are at the core of the new government's Reconstruction and Development Program. The analysis concentrates on the implications of alternative methods of finance for the program. Results are reported for macroeconomic variables, for the prospects of industries and regions, and for income distribution.
Keywords: economic modelling; South Africa; government spending; income distribution; industrial effects; regional effects; macroeconomic effects (search for similar items in EconPapers)
JEL-codes: C68 D31 E62 O55 R13 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:cop:wpaper:g-109
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