GREYSCIENXResearch publication

Research About Founder Read the archive

03 · The R350 Counterfactual

The Public-Capital Multiplier

When state-financed productive assets generate durable economic capacity.

Open manuscript Full archive

PDF · 19 pages · 1.40 MB · 03.04

Share this paper

A stable public URL.

This page is the shareable record for the article. The PDF remains the complete manuscript.

greyscienx.com/research/r350-counterfactual/the-public-capital-multiplier

03

Same series

The R350 Counterfactual

What South Africa might have built with the SRD budget—and what society would have lost by withholding it.

03.01The R350 Industrialisation CounterfactualThe productive-capital alternative to repeated emergency cash transfers.21 pages · 1.38 MB

03.02The Welfare Cost of Not Paying the GrantThe poverty, consumption and social cost omitted from the industrialisation counterfactual.27 pages · 1.44 MB

03.03Consumption Today or Productive Capital Tomorrow?The timing and distributional trade-off between relief and investment.24 pages · 1.55 MB

03.05The R200 Billion FactoryA concrete industrial deployment scenario at the scale of the grant programme.21 pages · 1.46 MB

GreyScienx

Independent research across fields.

The Public-Capital Multiplier · GreyScienx