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
SN - 1363-6669
VL - 4
SP - 292
EP - 306
JO - Review of Development Economics
JF - Review of Development Economics
IS - 3
ER -