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    A dynamic equalisation model for economic and social capital grants with a South African example

    Access Status
    Fulltext not available
    Authors
    Josie, J.
    MacDonald, Garry
    Petchey, Jeffrey Dean
    Date
    2008
    Type
    Journal Article
    
    Metadata
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    Citation
    Josie, Jaya and MacDonald, Garry and Petchey, Jeffrey. 2008. A dynamic equalisation model for economic and social capital grants with a South African example. Journal of Development Studies. 44 (8): pp. 1169-1189.
    Source Title
    Journal of Development Studies
    DOI
    10.1080/00220380802242420
    ISSN
    0022-0388
    Faculty
    Curtin Business School
    School of Economics and Finance
    URI
    http://hdl.handle.net/20.500.11937/31884
    Collection
    • Curtin Research Publications
    Abstract

    A capital grant model has been developed which can be used in developing economies to allocate grants to sub-national governments for economic or social capital. The model allows these allocations to happen in a way that increases the value of the capital stockwhilst at the same time addresses any inter regional inequities, or economic inefficiencies. The model is also applied to South Africa as an illustrative example and the results of three model simulations for that country are presented. There is a discussion of the data requirements for the model and how it might be replicated by researchers for other economies.

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