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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Growth Linkages, Price Effects and Income Distribution in Sub-Saharan Africa
Authors:Dorosh, Paul
Haggblade, Steven
Year:2003
Periodical:Journal of African Economies
Volume:12
Issue:2
Period:June
Pages:207-235
Language:English
Geographic term:Subsaharan Africa
Subjects:investments
consumer prices
economic development
income distribution
Development and Technology
Economics and Trade
External link:https://jae.oxfordjournals.org/content/12/2/207.full.pdf
Abstract:This paper measures economic linkages emanating from investment-led growth in eight different African countries - Cameroon, Gambia, Lesotho, Madagascar, Niger, Nigeria, Tanzania and Zaire - with widely varying economic structures. To explore the importance of price effects in estimating these linkages, the paper employs two different methodologies for measuring the linkages, a fixed-price semi-inputoutput (SIO) model as well as a fully price-endogenous computable general equilibrium (CGE) model. Regardless of the methodology used, indirect effects prove to be large. On average - across countries and sectors - inclusion of growth linkages nearly doubles estimated national income growth following an initial investment-led shock. Sectorally, investments in agriculture generate the largest impact on the poor. App., bibliogr., notes, ref., sum. [Journal abstract]
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