A framework for environmental policy evaluation in the South African mining sector
AbstractThis paper presents a Computable General Equilibrium (CGE) model for the analysis of environmental policies towards mining activities, and shows for the case of South Africa how it can be implemented numerically. The CGE model belongs to the class of static, trade-focussed models along the lines suggested by Dervis et al. (1982). A distinctive feature of the model is that it allows for substitution possibilities between primary factors and intermediate inputs such as energy and mineral resources. In the South African data base, two different types of households (black and other households) are distinguished in order to trace the distributional consequences of policy reforms which are of high priority given the income inequalities prevailing in South Africa.
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Bibliographic InfoPaper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 893.
Date of creation: 1998
Date of revision:
computable general equilibrium model; mining; South Africa; environmental policy;
Find related papers by JEL classification:
- D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
- Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
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