ECONOMIC IMPACT ANALYSIS OF PORT DEVELOPMENT ON THE SOUTH AFRICAN ECONOMY |
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Authors: | PAUL T‐W LEE TAO CHEN |
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Institution: | Department of Logistics and Shipping Management, Kainan University, Taiwan |
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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. |
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Keywords: | H54 R42 D58 Port development economic impact analysis computable general equilibrium model Global Trade Analysis Project |
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