scholarly journals Risk Of Corruption For Economic Growth And Poverty: The Case Of A Developing Country

2017 ◽  
Vol 7 (2) ◽  
pp. 129-139
Author(s):  
François Joseph Cabral

In this article, we attempt to assess the effects of corruption on economic growth, welfare and poverty in Senegal, using the dynamic computable general equilibrium model (CGE). The profile of fiscal governance is firstly built based on data relied to Global integrity, Open budget initiative and Public finance management reports for Senegal. Secondly, we build a CGE model based on the SAM of Senegalese economy. The simulation results show leakage of 10% of public investment as a result of corruption, which would effectively lead to an average loss of 2.6% points of economic growth per year. The welfare of households fall on average by 0.64% point per year. Moreover, the diversion of resources meant for public investment also has the effect of increasing the yearly incidence of poverty by 0.51% point on average, which is equivalent to 61,136 new poor every year.

Author(s):  
Won-Sik Hwang ◽  
Yeongjun Yeo ◽  
Inha Oh ◽  
Chanyoung Hong ◽  
Sungmoon Jung ◽  
...  

Abstract This study analysed economic growth and industrial structure under different conditions on research and development (R&D) investment. To simulate counterfactual scenarios, we built a recursive dynamic computable general equilibrium model named as Technology and Economy Modelling for Innovation Policy assessment (TEMIP) that focuses on private and public R&D investments and their net effects from a macroeconomic perspective. The simulation shows gross domestic product increases rapidly in South Korea when a given amount of expenditure is spent on public R&D activities rather than private R&D. Moreover, our simulation results imply that resource allocation for R&D investments should be elaborated through considering whether the ultimate policy goal is oriented towards economic growth or stability.


2017 ◽  
Vol 6 (2) ◽  
pp. 189-216
Author(s):  
Widyastutik Widyastutik ◽  
Suahasil Nazara ◽  
Rina Oktaviani ◽  
Djamester Simarmata

The ASEAN and its dialogue partner countries agreed to reduce trade barriers in the services sector, one of which is sea transport services. The purpose of this study is to estimate the equivalent tax of non-tariff barriers in the sea transport services. Besides that, this study is going to analyze the economic impacts of the regulatory barriers elimination in the sea transport services of ASEAN and its dialogue partner countries. Using the gravity model, it can be identified that trade barriers of sea transport services sector of ASEAN and dialogue partner countries are still relatively high. Additionally, by adopting IC-IRTS model in Global CGE Model (GTAP), the simulation results show consistent results with the theory of pro-competitive effects. The greater gain from trade is obtained in the CGE model assuming IC-IRTS compared to PC-CRTS. China gains a greater benefit that is indicated by the highest increase in welfare and GDP followed by Japan and AustraliaDOI: 10.15408/sjie.v6i2.5279


2011 ◽  
Vol 71-78 ◽  
pp. 2177-2181
Author(s):  
Ai Jun Li ◽  
Zheng Li

This study analyzes the effects of technological progress for the elasticity of energy consumption from 2002 to 2030 in China by a dynamic computable general equilibrium model. The technological progress is represented by a combination of industrial technology upgrading and energy efficiency improvement. Household is divided into two groups as rural type and urban type. The parameters about technological progress and urbanization are all introduced exogenously. Simulation results show that vigorously pushing advanced energy efficiency technologies through financial policy incentives is the key to realize effective energy-saving achievement while promoting economic growth in China.


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