The Maputo Development Corridor along the N4 toll road between the north-eastern provinces of South Africa and Maputo （the capital and main port of Mozambique） was initiated in 1996. A Development Corridor can be se...The Maputo Development Corridor along the N4 toll road between the north-eastern provinces of South Africa and Maputo （the capital and main port of Mozambique） was initiated in 1996. A Development Corridor can be seen as a concept to elevate an area to a certain level of development. One of the objectives of this project was investment in transport infrastructure in order to create an enabling environment for economic growth and development. The project is also in line with the 1995 Spatial Development Initiatives of the South African Government that attempt to improve investment in those areas were the greatest potential for growth exists. This paper addresses economic wealth creation within the broader region that the N4 toll road and the corridor currently serve. The research revealed that the areas closer to the N4 corridor had higher growth in terms of economic output as measured by Gross Valued Added than those further removed. There were a stronger correlation between growth in employment and proximity to the road corridor for the manufacturing, construction, trade and transport sectors. Analysis done also shows that income per capita has grown at a faster rate in areas closer to the corridor that areas further removed.展开更多
Public spending is a major policy tool for the government to adjust the macro economic progress. This paper characterizes the effects of shocks in government spending and taxes on Chinese economy growth since 1978. It...Public spending is a major policy tool for the government to adjust the macro economic progress. This paper characterizes the effects of shocks in government spending and taxes on Chinese economy growth since 1978. It does so by using a mixed structural VAR （SVAR） approach. Identification is achieved by using institutional information about the tax and spending to identify automatic and discretionary response, and by implication, to infer fiscal shocks. The results show positive government spending shocks as having a positive effect on output, and positive tax shocks as having a negative effects.展开更多
文摘The Maputo Development Corridor along the N4 toll road between the north-eastern provinces of South Africa and Maputo （the capital and main port of Mozambique） was initiated in 1996. A Development Corridor can be seen as a concept to elevate an area to a certain level of development. One of the objectives of this project was investment in transport infrastructure in order to create an enabling environment for economic growth and development. The project is also in line with the 1995 Spatial Development Initiatives of the South African Government that attempt to improve investment in those areas were the greatest potential for growth exists. This paper addresses economic wealth creation within the broader region that the N4 toll road and the corridor currently serve. The research revealed that the areas closer to the N4 corridor had higher growth in terms of economic output as measured by Gross Valued Added than those further removed. There were a stronger correlation between growth in employment and proximity to the road corridor for the manufacturing, construction, trade and transport sectors. Analysis done also shows that income per capita has grown at a faster rate in areas closer to the corridor that areas further removed.
基金This project is supported by National Social Science Foundation of China （07XJY034） Inner Mongolian Foundation for Natural Science Research （200711020806）
文摘Public spending is a major policy tool for the government to adjust the macro economic progress. This paper characterizes the effects of shocks in government spending and taxes on Chinese economy growth since 1978. It does so by using a mixed structural VAR （SVAR） approach. Identification is achieved by using institutional information about the tax and spending to identify automatic and discretionary response, and by implication, to infer fiscal shocks. The results show positive government spending shocks as having a positive effect on output, and positive tax shocks as having a negative effects.
