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- Title
ECONOMIC IMPACT ANALYSIS OF PORT DEVELOPMENT ON THE SOUTH AFRICAN ECONOMY.
- Authors
LEE, TSUNG-CHEN; LEE, PAUL T-W.; CHEN, TAO
- Abstract
Ports have been regarded as economic infrastructure and catalysts for the economies they serve, and it is evident that the associated development would generate economic benefits. In this paper, the economy-wide impacts of port development in South Africa are examined via a computable general equilibrium analysis. Central to the analysis is to make quantitative contributions to the understanding of the impacts of port investment and changes in freight costs on the national economy. The results support the economic significance of port development, as a means of promoting growth, trade and employment, in South Africa.
- Subjects
SOUTH Africa; ECONOMIC impact analysis; HARBORS; INFRASTRUCTURE (Economics); ECONOMIC infrastructure investing; ECONOMIC equilibrium
- Publication
South African Journal of Economics, 2012, Vol 80, Issue 2, p228
- ISSN
0038-2280
- Publication type
Article
- DOI
10.1111/j.1813-6982.2011.01279.x