In a first for South Africa, we draw on literature on infrastructure productivity to model dynamic economywide employment impacts of infrastructure investment funded with different fiscal tools. According to the South African investment plan, the policy will affect the stock of infrastructure as...

The end of the Multifiber Agreement in January 2005 had a negative impact on the Tunisian apparel industry, but the effects were weaker than expected. Using a dynamic general equilibrium model, the article provides a prospective assessment of the impact on Tunisia of the phase out of the MFA and...

This article aims at analysing the impact of the Euro-Tunisian Association Agreement and the Multifiber Agreement dismantling on employment in Tunisia. For this purpose we develop a multisectoral and intertemporal general equilibrium model taking account of the dynamic effects of these shocks....

Clothing and textile exports are increasingly dominated by developing countries. In 1974, developed countries implemented quotas on developing countries exports within the MFA, which resulted in a distorted geographical allocation of production and exports. Regional preferential agreements also...

Le démantèlement de l’Accord Multifibres en janvier 2005 a eu un impact négatif sur l’industrie d’habillement tunisienne, mais les effets ont été plus limités que prévu. A l’aide d’un modèle d’équilibre général dynamique l’article propose une évaluation prospective de...

This paper uses an intertemporal computable general equilibrium model to investigate the consequences of an expansive fiscal policy designed to accelerate economic growth in South Africa. A key contribution is made to existing literature on the transmission mechanism of fiscal policy in African...

Using a dynamic general equilibrium model, the paper provides a quantitative assessment of the impact of the Multifiber Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits the analysis of the effects of the shock on...

This paper analyses the switch to an ACE or to a CBIT type of tax system starting from the present German tax system. We show that in case an ACE type of reform is financed by an increase in the VAT and not in the profit tax, it might be preferred to a CBIT even in the context of an open...

This paper proposes a growth-oriented dual-income tax by combining an allowance for corporate equity with a broadly defined flat tax on personal capital income. Revenue losses are compensated by an increase in the value added tax. The paper demonstrates the neutrality properties of the reform...

Using a dynamic general equilibrium model, the paper provides a quantitative assessment of the impact of the Multifiber Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits the analysis of the effects of the shock on...