Cyclone impacts on manufacturing firms in Mozambique
Hanna Berkel,
Peter Fisker and
Finn Tarp
No wp-2021-85, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
This study investigates how manufacturing companies were affected by tropical Cyclone Idai, which struck Central Mozambique in March 2019. The analysis builds upon a representative sample of 464 enterprises located in the cities of Beira and Chimoio which were interviewed 6 and 12 months after the natural disaster. While Beira was largely destroyed in the event, inland Chimoio was only affected to a minor degree, thus constituting our control group. Overall, we find that the cyclone had a large negative effect on income and profits, especially in the month immediately following landfall.
Keywords: Firms; Natural disasters (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2021-85
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