As crude oil prices reach new highs, there is renewed concern about how external shocks will affect growth and poverty in developing countries. This paper describes a macro-micro framework for examining the structural and distributional consequences of a significant external shock-an increase in the world price of oil-on the South African economy. The authors merge results from a highly disaggregative computable general equilibrium model and a micro-simulation...
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INFORMACIÓN
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2007/09/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS4354
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1
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1
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2007/09/18
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Disclosed
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Economy-wide and distributional impacts of an oil price shock on the south African economy
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formal sector worker