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On the real exchange rate effects of higher electricity prices in South Africa

Author

Listed:
  • André C. Jordaan
  • James N. Blignaut
  • Jan H. van Heerden

Abstract

The paper uses a static Computable General Equilibrium (CGE) model of South Africa and simulates various shocks to the price of electricity. We attempt different closures to the model and compare their respective effects on the Consumer Price Index. In a CGE model, this is measuring the real appreciation of the exchange rate, or international […]

Suggested Citation

  • André C. Jordaan & James N. Blignaut & Jan H. van Heerden, 2008. "On the real exchange rate effects of higher electricity prices in South Africa," Working Papers 096, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:096
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    More about this item

    JEL classification:

    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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