The macroeconomic impact of COVID‐19 in Mozambique: A social accounting matrix approach

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 percen...

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Detalles Bibliográficos
Autores principales: Betho, Rosario, Chelengo, Marcia, Jones, Sam, Keller, Michael, Mussagy, Ibraimo Hassane, van Seventer, Dirk, Tarp, Finn
Formato: Online Artículo Texto
Lenguaje:English
Publicado: John Wiley and Sons Inc. 2021
Materias:
Special Issue Articles
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9015555/
https://www.ncbi.nlm.nih.gov/pubmed/35465461
http://dx.doi.org/10.1002/jid.3601
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author Betho, Rosario
Chelengo, Marcia
Jones, Sam
Keller, Michael
Mussagy, Ibraimo Hassane
van Seventer, Dirk
Tarp, Finn
author_facet Betho, Rosario
Chelengo, Marcia
Jones, Sam
Keller, Michael
Mussagy, Ibraimo Hassane
van Seventer, Dirk
Tarp, Finn
author_sort Betho, Rosario
collection PubMed
description 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.
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spelling pubmed-90155552022-04-19 The macroeconomic impact of COVID‐19 in Mozambique: A social accounting matrix approach Betho, Rosario Chelengo, Marcia Jones, Sam Keller, Michael Mussagy, Ibraimo Hassane van Seventer, Dirk Tarp, Finn J Int Dev Special Issue Articles 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. John Wiley and Sons Inc. 2021-12-29 2022-05 /pmc/articles/PMC9015555/ /pubmed/35465461 http://dx.doi.org/10.1002/jid.3601 Text en © 2021 UNU‐WIDER. Journal of International Development published by John Wiley & Sons Ltd. https://creativecommons.org/licenses/by-nc-sa/4.0/This is an open access article under the terms of the http://creativecommons.org/licenses/by-nc-sa/4.0/ (https://creativecommons.org/licenses/by-nc-sa/4.0/) License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non‐commercial and the content is offered under identical terms.
spellingShingle Special Issue Articles
Betho, Rosario
Chelengo, Marcia
Jones, Sam
Keller, Michael
Mussagy, Ibraimo Hassane
van Seventer, Dirk
Tarp, Finn
The macroeconomic impact of COVID‐19 in Mozambique: A social accounting matrix approach
title The macroeconomic impact of COVID‐19 in Mozambique: A social accounting matrix approach
title_full The macroeconomic impact of COVID‐19 in Mozambique: A social accounting matrix approach
title_fullStr The macroeconomic impact of COVID‐19 in Mozambique: A social accounting matrix approach
title_full_unstemmed The macroeconomic impact of COVID‐19 in Mozambique: A social accounting matrix approach
title_short The macroeconomic impact of COVID‐19 in Mozambique: A social accounting matrix approach
title_sort macroeconomic impact of covid‐19 in mozambique: a social accounting matrix approach
topic Special Issue Articles
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9015555/
https://www.ncbi.nlm.nih.gov/pubmed/35465461
http://dx.doi.org/10.1002/jid.3601
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