Research Article
The Impact of Infrastructure Spending in Sub-Saharan Africa: A CGE Modeling Approach
Table 18
Macro results of telecom investments, funded by foreign aid (values in table are % variations of variables with respect to reference period).
| Variable | Definition | Telecom (funded by foreign aid ) | Benin | Mali | Senegal | Tanzania | Uganda | Cameroon |
| Ym | Aggregate household income | 0.49 | 0.50 | 0.65 | 0.32 | 0.14 | 0.82 | EV | Equivalent variation | 0.49 | 0.50 | 0.64 | 0.33 | 0.17 | 0.85 | s | Wage | 4.15 | 1.26 | 1.55 | 0.51 | 0.32 | 1.50 | yg | Government income | 12.79 | 2.77 | 5.13 | 4.73 | 2.73 | 5.53 | ye | Firms income | –0.25 | 0.15 | 0.19 | 0.37 | –0.11 | –0.83 | g | Total government expenditure | 8.85 | 1.28 | 3.98 | 2.61 | 1.84 | 5.38 | It | Total private investment | –0.05 | 0.26 | –0.45 | 0.30 | –3.46 | –0.76 | e | Nominal exchange rate | –4.96 | –1.39 | –4.27 | –1.87 | –11.38 | –5.51 | GDP | | 0.44 | 0.44 | 0.55 | 0.45 | 0.13 | 0.42 |
|
|