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

Table 20

Macro results of telecom investments, funded by import duties (Values in table are % variations of variables with respect to reference period).

Variable	Definition	Telecom (Import duties funded)
		Benin	Mali	Senegal	Tanzania	Uganda	Cameroon
𝑌𝑚	Aggregate household income	0.48	0.46	0.62	0.31	0.12	0.60
𝐸𝑉	Equivalent variation	0.46	0.45	0.58	0.31	0.12	0.55
𝑆	Wage	3.88	0.94	1.45	0.49	0.21	1.01
𝑌𝑔	Government income	12.79	2.77	5.13	4.73	2.73	5.53
𝑌𝑒	Firms income	–0.21	0.26	0.22	0.40	0.03	–0.27
𝐺	Total government expenditure	8.85	1.28	3.98	2.61	1.84	5.38
𝐼𝑡	Total private investment	0.24	0.38	0.05	0.73	–0.44	–0.07
𝐸	Nominal exchange rate	–0.95	–0.32	–1.10	–0.64	–1.75	–1.55
𝐺𝐷𝑃	𝐺𝐷𝑃	0.44	0.44	0.55	0.45	0.13	0.41