scholarly journals Education and Poverty in Morocco: A Computable General Equilibrium Micro-simulation Analysis

2020 ◽  
Vol 6 (1) ◽  
pp. p116
Author(s):  
Mohamed KARIM ◽  
Mohamed EL MOUSSAOUI
Keyword(s):  
Higher Education ◽  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Simulation Analysis ◽  
Public Investment ◽  
Unit Cost ◽  
Public Spending ◽  
Micro Simulation ◽  
The Government ◽  
The Impact

The paper uses a micro-simulation computable general equilibrium model (CGE) to analyze the impact on poverty of public spending in higher education in Morocco. The model incorporates 7062 households derived from the 2007 National Survey on Household Living Standards (ENNVM). Two scenarios are simulated: a 100% reduction in the unit cost of higher education supported by households and a 50% reduction in public spending on higher education. In this study, it is assumed that the investment behavior of households is linked to the share of the unit cost financed by the government in higher education. The results show that the policy of exempting households from bearing any unit cost of higher education encourages them to invest massively in education, which leads to increasing their income and consequently improving welfare and reducing poverty and inequalities. On the other hand, the reduction in public investment in higher education affects negatively the behavior of households to invest in education which leads to a decrease in welfare, an increase in poverty and a rise of inequalities.

Quantifying the Impact of Development of the Transport Sector in Pakistan

2007 ◽  
Vol 46 (4II) ◽  
pp. 779-802 ◽  
Author(s):  
Rizwana Siddiqui
Keyword(s):  
Computable General Equilibrium ◽  
Public Investment ◽  
Road Transport ◽  
Transport Infrastructure ◽  
Transport Sector ◽  
Transport Services ◽  
Long Run ◽  
The Government ◽  
The Cost ◽  
The Impact

An efficient transport system is not only a pre-requisite for economic development but is also important to achieve the objective of economic integration in the world economy. Insufficient transport infrastructure results in congestion, delay delivery time, fuel waste, pollution and accident1 which built inefficiencies in the economy and costs the economy 4 to 6 percent of GDP each year [Shah (2006)and World Bank (2007)], which can be saved by investing in transport services. Realising its importance, the government of Pakistan has initiated National Trade Corridor Improvement Programme (NTCIP) in 2005 to improve logistic and transport infrastructure so that it can fulfill the demand of economy more efficiently. This five years programme includes all sectors that improve performance of corridor-high way namely, road transport, railways, airports, and ships etc. The objective of the programme is to reduce the cost of doing business and improve quality of services. The study quantifies the efficiency of transport sector by evaluating the impact of public investment to improve transport services on the economy in general and on cost of land transportation in particular; i.e., cost of freight and passenger movement and cost of externalities such as congestion, air pollution and accident. The outcome of the study depends on how improved facility is achieved, i.e., who bears the cost and who benefits etc. This paper assumes tax financed public investment that not only change domestic price and demand, but also welfare and poverty. The issue is analysed in computable general equilibrium framework taking into account inter linkages of transport sector with rest of the economy. First, a social accounting matrix (SAM) is developed with a detailed transport module. Then, a dynamic CGE model is developed around this SAM and simulations are conducted for short run and long run analysis of public investment in trans port sector.

scholarly journals A Quantitative Relationship Analysis of Industry Shifts and Trade Restructuring in ASEAN Based on Multiregional Computable General Equilibrium Models

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Luyuan Xu
Keyword(s):  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Tax Policy ◽  
Trade Openness ◽  
Quantitative Relationship ◽  
Computable General Equilibrium Models ◽  
Relationship Analysis ◽  
The Government ◽  
The Impact ◽  
Infant Industries

This paper provides an in-depth study and analysis of the quantitative relationship between ASEAN industry transfer and nuclear trade restructuring through the multiregional computable general equilibrium (CGE) model and categorizes the ten major projects and 57 subprojects covered by the ASEAN Information Port project investment into construction, information technology, and telecommunications, according to the key directions of investment. We design and simulate the changes in production activities, trade activities, and the balance of payments behaviour of the national economy affected by the project’s investment under 10 types of investment amount scenarios and prepare the corresponding social accounting matrix (SAM). Increased trade openness increases external risks and instability of the economy and fiscal revenues. At the same time, it creates other potential problems for the country such as environmental pollution and leading to unfair competition. Under free trade conditions, some manufacturers may choose to produce inputs that are not environmentally friendly to reduce costs, thereby harming the environment. For infant industries, if the government does not provide them with short-term protection or supportive policies, these new or developing infant industries may not have strong international competitiveness and may be vulnerable to the attacks of mature industries in the world. Therefore, based on the study of the influence of tax policy on trade openness, this paper examines the impact of changes in trade openness on a country’s economic environment and takes tax revenue as an example to conduct an empirical analysis and improve the factors that need to be considered when adjusting tax policy.

scholarly journals The Impact of Government Spending On Economic Growth in Kazakhstan and Kyrgyzstan

2017 ◽  
Author(s):  
Serhat Atmaca ◽  
Metin Bayrak
Keyword(s):  
Economic Growth ◽  
Government Spending ◽  
Public Investment ◽  
Public Spending ◽  
Public Expenditures ◽  
Economic Policies ◽  
Positive Effects ◽  
Average Group ◽  
The Government ◽  
The Impact

The realization of economic growth in order to grow and develop an economy and increase social welfare is one of the basic aims of every society. For this reason, states are making great efforts to realize economic growth and make it sustainable. In this context, the impact of public expenditure on the economic growth of countries is a matter of research. Government spending can be classified economically as expenditure on capital and current expenditures, functionally as general public services, defense services, education services, public order and security services, economic affairs and services, environmental protection services, health services and other services. There are also investment expenditures made by the government for economic development. In particular, public investment expenditures complementary to private investments have positive effects on growth. The Kazakhstan and Kyrgyzstan economies, which are in the category of developing countries, are looking for ways to achieve development and growth and are implementing various practices and economic policies in this process. In this context, Kazakhstan and Kyrgyzstan have the main purpose of studying and analyzing the effects of the public expenditures that they think will be effective on economic growth. The various variables of public spending in the study were examined with the Karma Average Group (PMG) model, which shows how Kazakhstan and Kyrgyzstan's growth affected their growth in the short and long term. As a result, public spending has been influenced by economic growth and it has been determined which components are active on a country basis.

scholarly journals Public Expenditure on Agriculture and its Impact

2019 ◽  
pp. 170-209
Author(s):  
Samuel Benin
Keyword(s):  
Public Investment ◽  
Public Spending ◽  
Rural Roads ◽  
Agricultural Growth ◽  
Public Investments ◽  
The Government ◽  
Econometric Analyses ◽  
Marginal Returns ◽  
Food Staples ◽  
The Impact

This chapter examines trends in public agricultural spending between 1961 and 2012 and disaggregates that spending into the cocoa and noncocoa sectors. The majority of total spending has gone into the cocoa subsector, while the noncocoa subsector, which includes all the country’s food staples, has been neglected. The government’s public spending on agriculture has fallen short of 10 percent of its total expenditure in most years since 1961, and in recent times the share has averaged only 2 to 3 percent, which is low even by African standards. The government has also spent relatively little on complementary investments in rural roads and other essential rural infrastructure. Econometric analyses then estimate the impact of public spending on agricultural productivity growth, insights into the marginal returns to public investments in the cocoa and noncocoa subsectors, and by type of public investment. This is followed by a discussion of some of the government’s recent attempts to promote noncocoa agricultural growth through several new subsidy and investment programs.

scholarly journals Higher Education Finance in Ghana

2015 ◽  
Author(s):  
Francis Atuahene
Keyword(s):  
Higher Education ◽  
Student Development ◽  
National Development ◽  
Higher Education Finance ◽  
Trust Fund ◽  
Education Development ◽  
Staff Support ◽  
National Union ◽  
The Government ◽  
The Impact

The diminishing financial resources and the growing demand for participation remain the biggest threat to higher education in Ghana. Cognizant of these quagmires and realizing the impact of higher education on national development, the National Union of Ghanaian Students proposed and the government established a special education trust fund called the Ghana Education Trust Fund bill (GETFund) in 2000. Despite these challenges, the GETFund is making significant contributions toward higher education development in Ghana in infrastructure, student development, faculty research, and staff support.

Measuring the Impact of Tourism on Economic Growth

2007 ◽  
Vol 13 (3) ◽  
pp. 379-388 ◽  
Author(s):  
Stanislav Ivanov ◽  
Craig Webster
Keyword(s):  
Economic Growth ◽  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Gdp Per Capita ◽  
Equilibrium Models ◽  
Computable General Equilibrium Models ◽  
Real Gdp ◽  
Real Gdp Per Capita ◽  
Per Capita ◽  
The Impact

This paper presents a methodology for measuring the contribution of tourism to an economy's growth, which is tested with data for Cyprus, Greece and Spain. The authors use the growth of real GDP per capita as a measure of economic growth and disaggregate it into economic growth generated by tourism and economic growth generated by other industries. The methodology is compared with other existing methodologies; namely, Tourism Satellite Account, Computable General Equilibrium models and econometric modelling of economic growth.

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