The macroeconomic impact of COVID-19 in Mozambique: A social accounting matrix approach
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The macroeconomic impact of COVID-19 in Mozambique : A social accounting matrix approach. / Betho, Rosario; Chelengo, Marcia; Jones, Edward Samuel; Keller, Michael; Mussagy, Ibraimo Hassane; Seventer, D. van; Tarp, Finn.
I: Journal of International Development, Bind 34, Nr. 4, 05.2022, s. 823-860.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - The macroeconomic impact of COVID-19 in Mozambique
T2 - A social accounting matrix approach
AU - Betho, Rosario
AU - Chelengo, Marcia
AU - Jones, Edward Samuel
AU - Keller, Michael
AU - Mussagy, Ibraimo Hassane
AU - Seventer, D. van
AU - Tarp, Finn
PY - 2022/5
Y1 - 2022/5
N2 - This study assesses the economic costs of COVID-19 and the state of emergency implemented by the Government of Mozambique. We use a social accounting matrix multiplier analysis to estimate the effects of the pandemic on the economy. Our simulations suggest that the Mozambican economy lost 3.6 percentage points of GDP growth in 2020 and that employment was 1.9 percentage points down. These losses were primarily driven by export shocks, the most heavily affected sectors being trade and accommodation and mining. Mozambique faces a critical challenge of how to promote economic diversification and reduce vulnerability to foreign shocks.
AB - This study assesses the economic costs of COVID-19 and the state of emergency implemented by the Government of Mozambique. We use a social accounting matrix multiplier analysis to estimate the effects of the pandemic on the economy. Our simulations suggest that the Mozambican economy lost 3.6 percentage points of GDP growth in 2020 and that employment was 1.9 percentage points down. These losses were primarily driven by export shocks, the most heavily affected sectors being trade and accommodation and mining. Mozambique faces a critical challenge of how to promote economic diversification and reduce vulnerability to foreign shocks.
U2 - 10.1002/jid.3601
DO - 10.1002/jid.3601
M3 - Journal article
C2 - 35465461
VL - 34
SP - 823
EP - 860
JO - Journal of International Development
JF - Journal of International Development
SN - 0954-1748
IS - 4
ER -
ID: 304750790