Modelling Infrastructure Investments, Growth and Poverty Impact : A Two-region Computable General Equilibrium Perspective on Vietnam
Book Details
Format
Paperback / Softback
Book Series
Development Economics & Policy
ISBN-10
3631555571
ISBN-13
9783631555576
Publisher
Peter Lang AG
Imprint
Peter Lang AG
Country of Manufacture
DE
Country of Publication
GB
Publication Date
Aug 4th, 2006
Print length
198 Pages
Weight
274 grams
Dimensions
15.00 x 21.00 x 1.30 cms
Product Classification:
Economic growth
Ksh 7,900.00
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Evaluation pro-poor growth enhancing investments in infrastructure and rural development requires comprehensive appraisal tools. Traditional methods have taken a project or sector perspective that did not capture economy-wide effects. However, in addition to inter-sectoral effects, large-scale investments can also have long-term impacts on national capital formation, the government budget and the foreign trade balance. This study builds a computable general equilibrium model and links it to a micro-accounting module for poverty analysis in Vietnam. The spatial dimension is captured by incorporating two regions into the model: the lagging mountainous province of Son La is compared to the rest of Vietnam. This model is applied to several infrastructure investments and identifies economic growth rates that would be needed to achieve the first Millennium Development Goal.
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