TY - JOUR

T1 - Structural characteristics of the economy of Mozambique

T2 - a SAM-based analysis

AU - Tarp, Finn

AU - Arndt, Channing

AU - Jensen, Henning Tarp

N1 - JEL Classification: O11, O12, O21

PY - 2000

Y1 - 2000

N2 - Key features of the Mozambican economy are synthesized in this paper based on a new 1995 social accounting matrix. Particular attention is paid to the critical role of home consumption and large marketing margins. The fundamental importance of agricultural development emerges clearly from the analysis in which the multiplier for value added by capital is re-examined. Agriculture has large sectoral multipliers and is generally more effective in the use of scarce capital than industry and services. Commodities with attractive features for the promotion of agriculture in the short to medium term include maize, rice, as well as small-scale livestock and forestry

AB - Key features of the Mozambican economy are synthesized in this paper based on a new 1995 social accounting matrix. Particular attention is paid to the critical role of home consumption and large marketing margins. The fundamental importance of agricultural development emerges clearly from the analysis in which the multiplier for value added by capital is re-examined. Agriculture has large sectoral multipliers and is generally more effective in the use of scarce capital than industry and services. Commodities with attractive features for the promotion of agriculture in the short to medium term include maize, rice, as well as small-scale livestock and forestry

U2 - 10.1111/1467-9361.00096

DO - 10.1111/1467-9361.00096

M3 - Journal article

VL - 4

SP - 292

EP - 306

JO - Review of Development Economics

JF - Review of Development Economics

SN - 1363-6669

IS - 3

ER -