Ex-ante evaluation of a targeted job program: Hypothetical integration in a social accounting matrix of South Africa |
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Authors: | Kijong Kim[Author vitae] |
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Institution: | aLevy Economics Institute of Bard College, Blithewood, Annandale-on-Hudson, NY 12504, United States |
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Abstract: | To analyze policy impacts of a targeted employment program calls for a new approach of estimation. This study proposes a simple modification to a Social Accounting Matrix (SAM) in order to analyze the multiplier effects of a new sector. A different input composition, or technology, of the sector with targeted job provision makes a conventional analysis of final-demand injections on existing sectors invalid. Instead of a costly full-scale rebalancing, we apply the modification—so-called hypothetical integration—into a SAM to assess a proposed expansion of social care sector within the Expanded Public Works Program in South Africa. |
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Keywords: | JEL Classification: C67 D57 E24 E62 H51 H52 |
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