The Impact of Infrastructure Spending in Sub-Saharan Africa : A CGE Modeling Approach

The authors constructed a standard computable general equilibrium (CGE) model to explore the economic impact of increased spending on infrastructure in six African countries: Benin, Cameroon, Mali, Senegal, Tanzania, and Uganda. The basic elements...

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Bibliographic Details
Main Authors:	Perrault, Jean-François, Savard, Luc, Estache, Antonio
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	ACCOUNTING ADVERSE EFFECT AFFILIATED ORGANIZATIONS AGRICULTURE BANK POLICY BASELINE SCENARIO BUDGET CONSTRAINT BUDGET CONSTRAINTS BUDGETARY ASSISTANCE BUDGETARY IMPACTS CAPITAL ACCOUNT CAPITAL MARKET COMMODITY COMPARATIVE ADVANTAGE COMPARATIVE ANALYSES COMPARATIVE ANALYSIS COMPETITIVENESS COMPUTABLE GENERAL EQUILIBRIUM CONSUMERS CURRENCY CURRENCY APPRECIATION CURRENT ACCOUNT BALANCE DEFICITS DISTRIBUTIONAL IMPACT DIVIDENDS ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC STRUCTURE ECONOMIC STRUCTURES ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION EQUATIONS EQUILIBRIUM EXCHANGE RATE EXCHANGE RATE ADJUSTMENTS EXPENDITURE EXPENDITURES EXPORT PERFORMANCE EXPORT SECTOR EXPORTS EXTERNALITIES EXTERNALITY FACTOR MARKETS FISCAL POLICIES FISCAL POLICY FISCAL SUSTAINABILITY FIXED SHARE FIXED SHARES FUND INVESTMENT GDP GDP DEFLATOR GOVERNMENT BUDGET GOVERNMENT BUDGET CONSTRAINT GOVERNMENT CONSUMPTION GOVERNMENT EXPENDITURE GOVERNMENT INVESTMENTS GOVERNMENT REVENUE GOVERNMENT REVENUES GOVERNMENT SAVINGS GOVERNMENT SPENDING GOVERNMENT SUBSIDIES HOUSEHOLD INCOME IMPORT DUTIES INCOME INCOME EFFECT INCOME TAX INCOME TAXES INFRASTRUCTURE EXPENDITURE INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INTERNATIONAL BANK INTERNATIONAL ECONOMICS INVESTING INVESTMENT EXPENDITURE INVESTMENT GROWTH INVESTMENT NEEDS INVESTMENT OPTION INVESTMENT STRATEGIES LABOR MARKET LOCAL MARKET LOW-INCOME COUNTRIES MACROECONOMIC VARIABLES MACROECONOMICS MARKET PRICE MARKET PRICES MONETARY FUND NATIONAL ACCOUNTS NEGATIVE VALUE OPERATIONAL COSTS OPERATIONAL EXPENDITURES POSITIVE EFFECTS POSITIVE EXTERNALITIES POSITIVE EXTERNALITY PRICE INDEX PRIVATE FIRMS PRIVATE INVESTMENT PRIVATE SAVINGS PRIVATE SECTOR PRODUCTION FUNCTION PRODUCTION STRUCTURE PRODUCTIVE INVESTMENT PRODUCTIVE INVESTMENTS PRODUCTIVITY PUBLIC CAPITAL PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENTS PUBLIC SERVICES REAL EXCHANGE RATE REAL EXCHANGE RATES ROAD CONSTRUCTION SANITATION SUBSTITUTION EFFECT SUSTAINABLE DEVELOPMENT TAX TAX RATE TAX RATES TAXATION TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT UNEMPLOYMENT UTILITY FUNCTION VALUE ADDED WAGES WORLD MARKET
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100728140341 http://hdl.handle.net/10986/3870