A Computable General Equilibrium (CGE) Analysis of the Expenditure on Infrastructure in the Limpopo Economy in South Africa

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• 作者：J. W. Mostert ; J. H. Van Heerden
• 关键词：Infrastructure ; CGE modelling ; Mining ; O10 ; R10
• 刊名：International Advances in Economic Research
• 出版年：2015
• 出版时间：May 2015
• 年：2015
• 卷：21
• 期：2
• 页码：227-236
• 全文大小：153 KB
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• 作者单位：J. W. Mostert (1)
  J. H. Van Heerden (2)
  
  1. Department of Economics, University of Limpopo, Limpopo, South Africa
  2. University of Pretoria, Pretoria, South Africa
  
• 刊物主题：Economics general; Macroeconomics/Monetary Economics; International Economics; Microeconomics; Economic Growth;
• 出版者：Springer US
• ISSN：1573-966X

文摘

The Limpopo Province is one of the poorer provinces in South Africa, facing the challenges of poverty, inequality and unemployment. To address these challenges the national government of South Africa has embarked on a massive infrastructure program. Our literature review confirmed a positive link between infrastructure development and economic growth. One of the key infrastructure projects that will be implemented in the Limpopo province is the building of a railway line to link the mining belt in the province to the Richards Bay harbour. The coal in the Limpopo province is also a strategic resource that is needed to fuel the coal fired power stations in the neighbouring Mpumalanga province. The short run and long run impacts of the proposed railway line have been simulated using the TERM CGE model.