Research Article
The Impact of Infrastructure Spending in Sub-Saharan Africa: A CGE Modeling Approach
Table 15
Macro results of electricity investments, funded by VAT (values in table are % variations of variables with respect to reference period).
| Variable | Definition | Electricity (VAT funded) | Benin | Mali | Senegal | Tanzania | Uganda | Cameroon |
| Ym | Aggregate household income | 0.70 | 0.59 | 0.91 | 0.49 | 0.16 | 0.90 | EV | Equivalent variation | 0.62 | 0.57 | 0.84 | 0.47 | 0.16 | 0.83 | s | Wage | 4.18 | 0.83 | 2.02 | 0.74 | 0.27 | 1.40 | yg | Government income | 13.97 | 3.03 | 5.61 | 5.17 | 2.98 | 6.04 | ye | Firms income | ā0.04 | 0.56 | 0.41 | 0.69 | 0.06 | 0.10 | g | Total government expenditure | 10.77 | 1.56 | 4.84 | 3.17 | 2.24 | 6.54 | It | Total private investment | 0.61 | 0.73 | 0.41 | 1.72 | 0.16 | 0.65 | e | Nominal exchange rate | 1.43 | 0.58 | 0.11 | 0.48 | 0.05 | 0.28 | GDP | GDP | 0.66 | 0.63 | 0.83 | 0.72 | 0.18 | 0.80 |
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