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

Rosario Betho, Marcia Chelengo, Sam Jones, Michael Keller, Ibraimo Mussagy, Dirk van Seventer and Finn Tarp

Journal of International Development, 2022, vol. 34, issue 4, 823-860

Abstract: 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.

Date: 2022
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https://doi.org/10.1002/jid.3601

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Working Paper: The macroeconomic impact of COVID-19 in Mozambique: A social accounting matrix approach (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:34:y:2022:i:4:p:823-860

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