The impact on the South African economy of alternative regulatory arrangements in the petroleum sector
Heinrich Bohlmann and
No wp-2020-153, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
This paper adds quantitative analysis to the study by Crompton et al. (2020) , in which various alternative regulatory arrangements regarding the petrol price in South Africa were explored. We use a multi-sector dynamic computable general equilibrium model for South Africa to conduct our economic impact analysis. Five scenarios are modelled, first individually to correctly calibrate the shocks, and then cumulatively to find the overall economy-wide effects of the proposed reforms.
Keywords: Computable general equilibrium; economic impact; Prices; South Africa (search for similar items in EconPapers)
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