Natural gas, public investment and debt sustainability in Mozambique /
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Author / Creator: | Melina, Giovanni, author. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, ©2013. |
Description: | 1 online resource (37 pages) : color illustrations |
Language: | English |
Series: | IMF working paper ; WP/13/261 IMF working paper ; WP/13/261. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12502241 |
Table of Contents:
- Cover; Abstract; Contents; I. Introduction; II. Natural Gas Sector in Mozamique: An Overview; Tables; Table 1. Countries with World's Largest Proven Natural Gas Reserves; III. Predicting LNG Revenue: The FARI model; Table 2. Representative EPCC Parameters; IV. Public Investment in Mozambique; Figures; Figure 1. LNG Sector Contribution to GDP and Fiscal Revenue; V. The Macroeconomic Effects of Investment Scaling-Ups; A. The DIGNAR Model; Figure 2. Mozambique: Public Capital Expenditure, 1991-2012; B. Scenarios of LNG production; C. Simulation results.
- Figure 3. LNG Revenue Simulations in the Baseline and Adverse Scenarios. Figure 4. Public Investment Scaling-Ups and Growth Outcomes.; Figure 5. Fiscal Consequences of Public Investment Scaling-Ups.; D. Structural reforms: the impact of governance and project selection; VI. Conclusion; Figure 6. The Effects of Improvements in Project Selection and Better Governance and Execution; References; Appendices; A. DIGNAR model details; Households; Firms; Government; Identities and market clearing conditions; B. First-order conditions; Demand functions for tradable and non-tradable goods.
- Labour supply in the tradable and non-tradable sectorOptimizing households' decisions; Rule-of-thumb households' decisions; Non-tradable sector's decisions; Tradable sector's decisions; C. Calibration; Table 3. Calibration.