Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach

The policy measures taken by the Government of Myanmar to contain the transmission of COVID-19 are a necessary and appropriate response to the pandemic. In-depth analysis of policy measures of this magnitude on firms, households, government, and the economy as a whole is key to the design of policy...

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Autores principales: Diao, Xinshen, Aung, Nilar, Lwin, Wuit Yi, Zone, Phoo Pye, Nyunt, Khin Maung, Thurlow, James
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/143894
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author Diao, Xinshen
Aung, Nilar
Lwin, Wuit Yi
Zone, Phoo Pye
Nyunt, Khin Maung
Thurlow, James
author_browse Aung, Nilar
Diao, Xinshen
Lwin, Wuit Yi
Nyunt, Khin Maung
Thurlow, James
Zone, Phoo Pye
author_facet Diao, Xinshen
Aung, Nilar
Lwin, Wuit Yi
Zone, Phoo Pye
Nyunt, Khin Maung
Thurlow, James
author_sort Diao, Xinshen
collection Repository of Agricultural Research Outputs (CGSpace)
description The policy measures taken by the Government of Myanmar to contain the transmission of COVID-19 are a necessary and appropriate response to the pandemic. In-depth analysis of policy measures of this magnitude on firms, households, government, and the economy as a whole is key to the design of policy interventions that can mitigate the economic losses and support a sustained and robust recovery. In this policy paper, we use a Social Accounting Matrix (SAM) multiplier model to assess the effects of the COVID-19 pandemic on Myanmar’s economy. The SAM multiplier model is a simulation tool ideally suited to measuring short-term direct and indirect economy-wide impacts of unanticipated, rapid-onset economic shocks, such as COVID-19. The multiplier model builds on a SAM, which is a database that captures resource flows associated with all economic transactions taking place in an economy and represents the structure of the economy at a point in time by showing the interlinkages and relationships between actors, i.e., productive activities, households, governments, and relationships with the rest of the world. The Myanmar SAM captures 63 distinct activities or sectors to characterize Myanmar’s economy in 2019.
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spelling CGSpace1438942025-11-06T06:30:00Z Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach Diao, Xinshen Aung, Nilar Lwin, Wuit Yi Zone, Phoo Pye Nyunt, Khin Maung Thurlow, James models service industry economic impact secondary sector policies covid-19 tourism remittances mining agriculture trade disease prevention agrifood systems gross national product multipliers The policy measures taken by the Government of Myanmar to contain the transmission of COVID-19 are a necessary and appropriate response to the pandemic. In-depth analysis of policy measures of this magnitude on firms, households, government, and the economy as a whole is key to the design of policy interventions that can mitigate the economic losses and support a sustained and robust recovery. In this policy paper, we use a Social Accounting Matrix (SAM) multiplier model to assess the effects of the COVID-19 pandemic on Myanmar’s economy. The SAM multiplier model is a simulation tool ideally suited to measuring short-term direct and indirect economy-wide impacts of unanticipated, rapid-onset economic shocks, such as COVID-19. The multiplier model builds on a SAM, which is a database that captures resource flows associated with all economic transactions taking place in an economy and represents the structure of the economy at a point in time by showing the interlinkages and relationships between actors, i.e., productive activities, households, governments, and relationships with the rest of the world. The Myanmar SAM captures 63 distinct activities or sectors to characterize Myanmar’s economy in 2019. 2020-04-01 2024-05-22T12:17:53Z 2024-05-22T12:17:53Z Working Paper https://hdl.handle.net/10568/143894 en https://doi.org/10.2499/p15738coll2.133745 https://doi.org/10.2499/p15738coll2.133778 https://doi.org/10.2499/p15738coll2.133789 https://doi.org/10.2499/p15738coll2.133859 Open Access application/pdf International Food Policy Research Institute Diao, Xinshen; Aung, Nilar; Lwin, Wuit Yi; Zone, Phoo Pye; Nyunt, Khin Maung; and Thurlow, James. 2020. Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach. Myanmar SSP Working Paper 1. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.133742.
spellingShingle models
service industry
economic impact
secondary sector
policies
covid-19
tourism
remittances
mining
agriculture
trade
disease prevention
agrifood systems
gross national product
multipliers
Diao, Xinshen
Aung, Nilar
Lwin, Wuit Yi
Zone, Phoo Pye
Nyunt, Khin Maung
Thurlow, James
Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach
title Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach
title_full Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach
title_fullStr Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach
title_full_unstemmed Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach
title_short Assessing the impacts of COVID-19 on Myanmar’s economy: A Social Accounting Matrix (SAM) multiplier approach
title_sort assessing the impacts of covid 19 on myanmar s economy a social accounting matrix sam multiplier approach
topic models
service industry
economic impact
secondary sector
policies
covid-19
tourism
remittances
mining
agriculture
trade
disease prevention
agrifood systems
gross national product
multipliers
url https://hdl.handle.net/10568/143894
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