Artigo Produção Nacional Revisado por pares

Funding schemes for infrastructure investment and poverty alleviation in Africa: Evidence from Guinea‐Bissau

2023; Wiley; Volume: 35; Issue: 6 Linguagem: Inglês

10.1002/jid.3737

ISSN

1099-1328

Autores

Júlio Vicente Catéia, Maurício Vaz Lobo Bittencourt, Terciane Sabadini Carvalho, Luc Savard,

Tópico(s)

Income, Poverty, and Inequality

Resumo

Abstract This study examines the economic impacts of an infrastructure investment programme in Guinea‐Bissau for the period 2014–2030 using a dynamic computable general equilibrium model. Social accounting matrix (SAM) takes into account informal activities, and the model integrates funding schemes for infrastructure investment. We found that debt‐funded infrastructure investment will generate positive macro‐ and micro‐level externalities in terms of growth and well‐being outcomes across household groups in the urban and rural environments and contribute to inequality reduction. However, direct tax funding scheme is not the best economic development alternative for a country with a low per capita income.

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