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

 

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dc.contributor.advisor Black, Philip en_ZA
dc.contributor.author Saxby, Gay Nelia en_ZA
dc.date.accessioned 2016-01-02T04:41:54Z
dc.date.available 2016-01-02T04:41:54Z
dc.date.issued 1997 en_ZA
dc.identifier.citation Saxby, G. 1997. Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province. University of Cape Town. en_ZA
dc.identifier.uri http://hdl.handle.net/11427/16115
dc.description Bibliography: pages 63-65. en_ZA
dc.description.abstract 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. en_ZA
dc.language.iso eng en_ZA
dc.subject.other Economics en_ZA
dc.title Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province en_ZA
dc.type Master Thesis
uct.type.publication Research en_ZA
uct.type.resource Thesis en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Commerce en_ZA
dc.publisher.department School of Economics en_ZA
dc.type.qualificationlevel Masters
dc.type.qualificationname MBusSc en_ZA
uct.type.filetype Text
uct.type.filetype Image
dc.identifier.apacitation Saxby, G. N. (1997). <i>Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,School of Economics. Retrieved from http://hdl.handle.net/11427/16115 en_ZA
dc.identifier.chicagocitation Saxby, Gay Nelia. <i>"Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province."</i> Thesis., University of Cape Town ,Faculty of Commerce ,School of Economics, 1997. http://hdl.handle.net/11427/16115 en_ZA
dc.identifier.vancouvercitation Saxby GN. Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province. [Thesis]. University of Cape Town ,Faculty of Commerce ,School of Economics, 1997 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/16115 en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Saxby, Gay Nelia AB - 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. DA - 1997 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 1997 T1 - Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province TI - Differential economic multipliers : an extension of Weiss and Gooding and an application to the Eastern Cape Province UR - http://hdl.handle.net/11427/16115 ER - en_ZA


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