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Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province

Bibliography: pages 63-65.

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Main Author: Saxby, Gay Nelia
Other Authors: Black, Philip
Format: Thesis
Language:English
Published: School of Economics 2016
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access_status_str Open Access
author Saxby, Gay Nelia
author2 Black, Philip
author_browse Black, Philip
Saxby, Gay Nelia
author_facet Black, Philip
Saxby, Gay Nelia
author_sort Saxby, Gay Nelia
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description Bibliography: pages 63-65.
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institution University of Cape Town (South Africa)
language eng
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license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2016
publishDateRange 2016
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spelling oai:open.uct.ac.za:11427/16115 Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province Saxby, Gay Nelia Black, Philip Economics Bibliography: pages 63-65. Economic impact assessment in its most general form is concerned with the identification and evaluation of the effects of a given change in an economic system on other parts of that system. This type of assessment may equally be applied to the effects of a complex economic policy on a country or region, as to the estimation of the impacts of a new manufacturing plant on employment and income in the immediate area. The purpose of this study is to develop a practically applicable differential multiplier model, which can be easily adapted to apply to a range of economic impact studies, and which is not constrained by the considerable data requirements of more complex models, such as the input-output model. The model that is developed allows for a certain amount of differentiation, such as that between skilled and unskilled workers, and carries this differentiation through all stages of the multiplier process. The basic difference between the regional and the national multiplier is the existence of additional leakages from the flow of income, particularly in the form of interregional imports. This model also takes account of the leakages at every link in the production chain, thus ensuring that the multiplier works on the actual value-added generated by a new investment project. By definition, the model focuses primarily on less complex forms of impact assessment, such as a new investment project in a local sub-region As an illustration of the manner in which such a model could be applied, it is used to estimate the impacts of a proposed zinc refinery and phosphoric acid plant project in the Eastern Cape province of South Africa. 2016-01-02T04:41:54Z 2016-01-02T04:41:54Z 1997 Master Thesis Masters MBusSc http://hdl.handle.net/11427/16115 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Economics
Saxby, Gay Nelia
Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province
thesis_degree_str Master's
title Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province
title_full Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province
title_fullStr Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province
title_full_unstemmed Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province
title_short Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province
title_sort differential economic multipliers an extension of weiss and gooding and an application to the eastern cape province
topic Economics
url http://hdl.handle.net/11427/16115
work_keys_str_mv AT saxbygaynelia differentialeconomicmultipliersanextensionofweissandgoodingandanapplicationtotheeasterncapeprovince