The Impact of Infrastructure Spending in Sub-Saharan Africa: A CGE Modeling Approach

Table 18

Macro results of telecom investments, funded by foreign aid (values in table are % variations of variables with respect to reference period).

Variable	Definition	Telecom (funded by foreign aid )
		Benin	Mali	Senegal	Tanzania	Uganda	Cameroon
Ym	Aggregate household income	0.49	0.50	0.65	0.32	0.14	0.82
EV	Equivalent variation	0.49	0.50	0.64	0.33	0.17	0.85
s	Wage	4.15	1.26	1.55	0.51	0.32	1.50
yg	Government income	12.79	2.77	5.13	4.73	2.73	5.53
ye	Firms income	–0.25	0.15	0.19	0.37	–0.11	–0.83
g	Total government expenditure	8.85	1.28	3.98	2.61	1.84	5.38
It	Total private investment	–0.05	0.26	–0.45	0.30	–3.46	–0.76
e	Nominal exchange rate	–4.96	–1.39	–4.27	–1.87	–11.38	–5.51
GDP	𝐺𝐷𝑃	0.44	0.44	0.55	0.45	0.13	0.42