Table 9: Macroeconomic results for nonproductive investments, VAT funded (values in table are % variations of variables with respect to reference period).

Variable Definition Nonproductive investment (VAT funded) Benin Mali Senegal Tanzania Uganda Cameroon Ym Aggregate household income 0.09 0.06 0.29 0.02 0.02 0.25 EV Equivalent variation 0.09 0.06 0.26 0.02 0.02 0.23 s Wage 4.42 0.49 1.29 0.07 0.11 0.56 yg Government income 14.70 3.19 5.90 5.44 3.14 6.36 ye Firms income –0.71 –0.18 –0.45 –0.08 –0.13 –0.64 g Total government expenditure 11.96 1.73 5.38 3.52 2.49 7.27 It Total private investment 0.04 –0.17 –0.45 –0.13 –0.16 –0.86 e Nominal exchange rate 1.69 0.03 0.07 0.02 –0.12 0.35 GDP GDP 0.02 0.00 0.01 0.00 0.00 0.00