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).

VariableDefinitionElectricity (VAT funded)
BeninMaliSenegalTanzaniaUgandaCameroon

Ym Aggregate household income0.700.590.910.490.160.90
EV Equivalent variation0.620.570.840.470.160.83
s Wage4.180.832.020.740.271.40
yg Government income13.973.035.615.172.986.04
ye Firms incomeā€“0.040.560.410.690.060.10
g Total government expenditure10.771.564.843.172.246.54
It Total private investment0.610.730.411.720.160.65
e Nominal exchange rate1.430.580.110.480.050.28
GDP GDP0.660.630.830.720.180.80