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A fiscus for better economic and social development in South Africa

Author

Listed:
  • Francois J. Stofberg
  • Heinrich R. Bohlmann
  • Jan H. van Heerden

Abstract

After showing that the bulk of government expenditure is unproductive, we consider the impact of an alternative fiscal policy mix in South Africa. The alternative suggests freezing the real government wage bill for five years and using the savings generated by this decision to increase spending on a specific, productive and wealth-creative expenditure item, aggregate […]

Suggested Citation

  • Francois J. Stofberg & Heinrich R. Bohlmann & Jan H. van Heerden, 2020. "A fiscus for better economic and social development in South Africa," Working Papers 829, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:829
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    More about this item

    Keywords

    Computable General Equilibrium (CGE) Modelling; economic growth; Household Survey; inequality; Monetary Policy; Other Macroeconomic Variables; South Africa;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • E16 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Social Accounting Matrix
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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