Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.13/927648

OpenURL Link
Title
A welfare analysis of policy reforms in the South African automotive industry
Author/Creator
Agbola, Frank;  Damoence, Maylene Y.
Institution
The University of Newcastle. Faculty of Business & Law, School of Economics, Politics and Tourism
Description
The South African automotive industry was heavily protected during the early years of its industrial development. Beginning in 1989, the automotive industry experienced major policy reforms. The purpose of this paper is to examine the welfare effects of protection in the South African automotive industry. Simulation analyses of the economic gains and losses to consumers and producers of automobiles has revealed that protection of the auto industry imposes substantial costs on consumers and transfers large benefits to assemblers and component suppliers within the South African automotive industry. The government revenue is large. The results indicate substantial societal deadweight efficiency loss to South Africa.
Relation
International Conference on Modelling Economic Dynamics, 2007 (MED2007). International Conference on Modelling Economic Dynamics: MED2007 Conference Papers (Hull, England 23-25 August 2007)
Relation
http://www.hull.ac.uk/php/ecskrb/papers.html
Date
2007
Publisher
University of Hull
Keyword(s)
automotive industry;  welfare gains and losses;  South Africa
Resource Type
conference paper
Identifier
http://hdl.handle.net/1959.13/927648
Reviewed
Reviewed
22 Visitors 25 Hits 0 Downloads
Save/E-mail Citation
Citation Format
E-mail Address
Subject
"A welfare analysis of policy reforms in the South African automotive industry"
 
OR