The Socio-Economic Impacts of Public and Private Investments in Infrastructure Development in Burkina Faso
SECTION I - 3 pages
BACKGROUND
Over the last two decades, scholars and practicing managers have paid considerable attention to the role that infrastructure could play in the socio-economic development of nations, especially developing countries. Not only does infrastructure is considered in many instances as the backbone of the economy, it is also viewed as a key provider of social returns, especially for employment,income, education, health, poverty alleviation and so on.
RESEARCH OBJECTIVES
This research investigates the contribution of infrastructure in delivering social and economic returns in Burkina Faso. Specifically it examines the extent to which investments in infrastructure could impact aggregate outputs indicators as well as other economic and development indicators.
RESEARCH QUESTIONS
- Determine macro-economic returns on infrastructure investments
- Determine social returns on infrastructure investments
- Establish which infrastructure sector has the most significant impact on the aggregate outputs
- Determine which infrastructure sector has the most significant impact on the social indicators
In progress...
SECTION II 7 pages
THEORETICAL FOUNDATION
- Theory of Circular Flow of income
- Theory of General Equilibrium
- Keynesian economics theories
- Social Dualism Theory
- Social choice theory
LITERATURE REVIEW( EMPIRICAL REVIEW)
SUMMARY LITERATURE REVIEW( Tabular Form)
SECTION III -10 pages
RESEARCH METHODOLOGY
Socio-economic impacts indicators
- GDP per capita
- Household income
- Poverty rate
- Employment
- .....
Infrastructure data available in the SAM, year 2013 ( per sector)
- Transport
- Telecommunication
- Water, Gaz& Energy
Economic specification
Model specification
Computable General Equilibrium Model
DATA SOURCES AND DATA GATHERING
Social Accounting Matrix for the year 2013
- The 2005 Social Accounting Matrix (SAM)
- the Agricultural Supply and Use Table (ASUT)
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- the 2005 National Supply and Use Table (NSUT),
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- the 2005 Integrated Economic Accounts Table (IEAT),
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- 2003 household survey data,
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- 2006-08 agricultural survey data
ANALYSIS OF DATA
Computable General Equilibrium Model