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The impact on the South African economy of alternative regulatory arrangements in the petroleum sector

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  • Heinrich Bohlmann
  • Rod Crompton

Abstract

This paper adds quantitative analysis to the study by Crompton et al. (2020) , in which various alternative regulatory arrangements regarding the petrol price in South Africa were explored. We use a multi-sector dynamic computable general equilibrium model for South Africa to conduct our economic impact analysis. Five scenarios are modelled, first individually to correctly calibrate the shocks, and then cumulatively to find the overall economy-wide effects of the proposed reforms.

Suggested Citation

  • Heinrich Bohlmann & Rod Crompton, 2020. "The impact on the South African economy of alternative regulatory arrangements in the petroleum sector," WIDER Working Paper Series wp-2020-153, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2020-153
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2020-153.pdf
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    References listed on IDEAS

    as
    1. World Bank, 2020. "Global Economic Prospects, January 2020," World Bank Publications - Books, The World Bank Group, number 33044.
    2. E. Roos & P. Adams & J. Heerden, 2015. "Constructing a CGE Database Using GEMPACK for an African Country," Computational Economics, Springer;Society for Computational Economics, vol. 46(4), pages 495-518, December.
    3. World Bank, 2020. "Global Economic Prospects, June 2020," World Bank Publications - Books, The World Bank Group, number 33748.
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    Cited by:

    1. Chris Loewald & Konstantin Makrelov & Ekaterina Pirozhkova, 2022. "TheshorttermcostsofreducingtrendinflationinSouthAfrica," Working Papers 11029, South African Reserve Bank.

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