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Opening of alcoholic drink establishments during the Coronavirus period in Cameroon: scope and economic consequences

Ibrahim Ngouhouo, Rodrigue Tchoffo, Ngouwouo Younchawou and Marie-Josée Tafakeu

MPRA Paper from University Library of Munich, Germany

Abstract: The objective of this article is to evaluate the impacts of alcoholic products on the Cameroonian economy following the government decision on opening alcoholic drink establishments during the period of the highest expansion of coronavirus pandemic. This objective is achieved through a dynamic CGE analysis. The main data come from a social accounting matrix for 2016 calibrated on the Cameroonian economy. As findings, a 50% increase of total alcoholic consumption in 2020 increases the demand of that sector whether the final demand or the intermediate input. The government income may increase in 2020, 2021 and 2024 but may decrease in 2021 and 2022. It may impact positively the GDP in the medium term. Finally, the well-being may be positively impacted by the year 2024.

Keywords: alcoholic drink; government policy; public revenue; well-being; CGE (search for similar items in EconPapers)
JEL-codes: C68 F12 H27 (search for similar items in EconPapers)
Date: 2021, Revised 2021
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