Economic Impacts of Public Air Transport Investment: A Case Study of Egypt
Abstract
:1. Introduction
2. Literature Review
General Equilibrium Analyses of Air-Transport Infrastructure Investments
3. Methods
3.1. Linkage Analysis
3.2. CGE Model Structure
4. Findings and Discussion
4.1. Input–Output Results
4.2. CGE Results
4.2.1. Policy Simulation
Macroeconomic Results
4.2.2. Sectoral Impacts
5. Conclusions
Supplementary Materials
Author Contributions
Funding
Data Availability Statement
Conflicts of Interest
References
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Variables. | First Period | Period 10 | Period 20 | Total for the Whole Period |
---|---|---|---|---|
Value-added GDP | 0.064 | 0.073 | 0.067 | 1.388 |
Exchange rate | 0.072 | 0.052 | 0.000 | 0.894 |
Export volume | 1.254 | 1.370 | 1.718 | 21.441 |
Import volume | 0.036 | 0.150 | 0.041 | 2.411 |
Aggregate output | 6.130 | 6.290 | 5.191 | 105.897 |
Aggregate labour demand | −0.946 | −0.587 | 0.769 | 22.083 |
Aggregate demand for capital | 0.001 | 3.911 | 3.682 | 65.510 |
Total investment | 0.145 | −0.031 | 1.547 | 6.916 |
Private Public | 0.116 0.396 | 0.080 0.842 | 1.459 2.202 | 8.903 16.349 |
Inflow of foreign savings | 1.635 | 1.435 | 1.380 | 13.006 |
Household labour income | 0.963 | 1.038 | 1.156 | 11.449 |
Household capital income | −0.144 | −0.027 | 0.224 | 1.487 |
Household consumption | 0.109 | 0.187 | 0.175 | 3.023 |
Equivalent variation | −2.533 | 0.678 | 0.293 | 19.439 |
Period | Domestic Price of Air Transport Services (Incl. All Taxes and Margins) | Price of Exported Air Transport Services (Excl. Export Taxes) | Price of Imported Air Transport Services (Incl. All Taxes and Tariffs) |
---|---|---|---|
1 | 0.040 | −1.074 | −1.781 |
2 | −0.003 | −1.097 | −1.753 |
3 | −0.036 | −1.111 | −1.728 |
4 | −0.057 | −0.256 | −0.260 |
5 | −0.072 | −1.091 | −1.649 |
6 | −0.074 | −0.218 | −0.178 |
7 | −0.073 | −1.045 | −1.590 |
8 | −0.061 | −1.024 | −1.585 |
9 | −0.040 | −0.130 | −0.119 |
10 | −0.013 | −0.937 | −1.545 |
11 | 0.020 | −0.019 | −0.058 |
12 | 0.063 | −0.827 | −1.516 |
13 | 0.107 | 0.116 | −0.004 |
14 | 0.159 | 0.218 | 0.066 |
15 | 0.217 | 0.324 | 0.134 |
16 | 0.281 | 0.433 | 0.199 |
17 | 0.349 | 0.547 | 0.262 |
18 | 0.423 | 0.664 | 0.322 |
19 | 0.501 | 0.785 | 0.380 |
20 | 0.608 | −0.194 | −1.495 |
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Njoya, E.T.; Ragab, A.M. Economic Impacts of Public Air Transport Investment: A Case Study of Egypt. Sustainability 2022, 14, 2651. https://doi.org/10.3390/su14052651
Njoya ET, Ragab AM. Economic Impacts of Public Air Transport Investment: A Case Study of Egypt. Sustainability. 2022; 14(5):2651. https://doi.org/10.3390/su14052651
Chicago/Turabian StyleNjoya, Eric Tchouamou, and Ahmad Muhammad Ragab. 2022. "Economic Impacts of Public Air Transport Investment: A Case Study of Egypt" Sustainability 14, no. 5: 2651. https://doi.org/10.3390/su14052651