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 -