The use of a Marshallian Macroeconomic Model for policy evaluation : case of South Africa

Zellner, Arnold; Ngoie, Jacques Kibambe

dc.contributor.author	Zellner, Arnold
dc.contributor.upauthor	Ngoie, Jacques Kibambe
dc.date.accessioned	2010-07-02T06:21:18Z
dc.date.available	2010-07-02T06:21:18Z
dc.date.issued	2010-06
dc.description.abstract	Using a disaggregated Marshallian Macroeconomic Model (MMM-DA), this paper investigates how the adoption of a set of 'free market reforms' may affect the economic growth rate of South Africa. Accounting for possible side effects mainly on the budget deficit, our findings suggest that the institution of the proposed policy reforms would yield a substantial growth in the aggregate annual real GDP. The resulting GDP growth rate could range from 5.3 percent to 9.8 percent depending on which variant of the reform policies is implemented.	en
dc.identifier.citation	Ngoie, JK & Zellner, A 2010, 'The use of a Marshallian Macroeconomic Model for policy evaluation: case of South Africa', University of Pretoria, Department of Economics, Working paper series, no. 2010-13. [http://web.up.ac.za/default.asp?ipkCategoryID=736&sub=1&parentid=677&subid=729&ipklookid=3]	en
dc.identifier.uri	http://hdl.handle.net/2263/14383
dc.language.iso	en	en_US
dc.publisher	University of Pretoria, Department of Economics	en_US
dc.relation.ispartofseries	Working Paper (University of Pretoria, Department of Economics)	en_US
dc.relation.ispartofseries	2010-13	en_US
dc.rights	University of Pretoria, Department of Economics	en_US
dc.subject	Marshallian macroeconometric model	en
dc.subject	Disaggregation	en_US
dc.subject	Transfer functions	en_US
dc.subject.lcsh	South Africa -- Economic policy -- Evaluation	en
dc.subject.lcsh	Economic forecasting -- South Africa -- Econometric models	en
dc.subject.lcsh	Macroeconomics	en
dc.subject.lcsh	Neoclassical school of economics	en
dc.subject.lcsh	Free enterprise -- South Africa	en
dc.title	The use of a Marshallian Macroeconomic Model for policy evaluation : case of South Africa	en
dc.type	Working Paper	en