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

Blignaut, James Nelson; Jordaan, Andre Cillie; Van Heerden, J.H. (Jan Horn), 1957-

dc.contributor.upauthor	Blignaut, James Nelson
dc.contributor.upauthor	Jordaan, Andre Cillie
dc.contributor.upauthor	Van Heerden, J.H. (Jan Horn), 1957-
dc.date.accessioned	2009-02-24T13:29:17Z
dc.date.available	2009-02-24T13:29:17Z
dc.date.issued	2008-09
dc.description.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 trade competitiveness. In general, we conclude that electricity prices per se does not significantly influence the real exchange rate, regardless of which closure is used.	en_US
dc.identifier.citation	Van Heerden, J, Blignaut, J & Jordaan, A 2008, 'On the real exchange rate effects of higher electricity prices in South Africa', University of Pretoria, Department of Economics, Working paper series, no. 2008-36. [http://web.up.ac.za/default.asp?ipkCategoryID=736&sub=1&parentid=677&subid=729&ipklookid=3]	en_US
dc.identifier.uri	http://hdl.handle.net/2263/8982
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	2008-36	en_US
dc.rights	University of Pretoria, Department of Economics	en_US
dc.subject	Electricity prices	en_US
dc.subject	South Africa	en_US
dc.subject	Exchange rate	en_US
dc.subject.lcsh	Electric utilities -- Costs	en
dc.subject.lcsh	Electric utilities -- Rates -- South Africa	en
dc.subject.lcsh	Foreign exchange rates -- South Africa	en
dc.title	On the real exchange rate effects of higher electricity prices in South Africa	en_US
dc.type	Working Paper	en_US