The use of a Marshallian Macroeconomic Model for policy evaluation : case of South Africa

dc.contributor.authorZellner, Arnold
dc.contributor.upauthorNgoie, Jacques Kibambe
dc.date.accessioned2010-07-02T06:21:18Z
dc.date.available2010-07-02T06:21:18Z
dc.date.issued2010-06
dc.description.abstractUsing a disaggregated Marshallian Macroeconomic Model (MMM-DA), this paper investigates how the adoption of a set of 'free market reforms' may affect the economic growth rate of South Africa. Accounting for possible side effects mainly on the budget deficit, our findings suggest that the institution of the proposed policy reforms would yield a substantial growth in the aggregate annual real GDP. The resulting GDP growth rate could range from 5.3 percent to 9.8 percent depending on which variant of the reform policies is implemented.en
dc.identifier.citationNgoie, JK & Zellner, A 2010, 'The use of a Marshallian Macroeconomic Model for policy evaluation: case of South Africa', University of Pretoria, Department of Economics, Working paper series, no. 2010-13. [http://web.up.ac.za/default.asp?ipkCategoryID=736&sub=1&parentid=677&subid=729&ipklookid=3]en
dc.identifier.urihttp://hdl.handle.net/2263/14383
dc.language.isoenen_US
dc.publisherUniversity of Pretoria, Department of Economicsen_US
dc.relation.ispartofseriesWorking Paper (University of Pretoria, Department of Economics)en_US
dc.relation.ispartofseries2010-13en_US
dc.rightsUniversity of Pretoria, Department of Economicsen_US
dc.subjectMarshallian macroeconometric modelen
dc.subjectDisaggregationen_US
dc.subjectTransfer functionsen_US
dc.subject.lcshSouth Africa -- Economic policy -- Evaluationen
dc.subject.lcshEconomic forecasting -- South Africa -- Econometric modelsen
dc.subject.lcshMacroeconomicsen
dc.subject.lcshNeoclassical school of economicsen
dc.subject.lcshFree enterprise -- South Africaen
dc.titleThe use of a Marshallian Macroeconomic Model for policy evaluation : case of South Africaen
dc.typeWorking Paperen

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