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GTAP Resources: Resource Display

GTAP Resource #6624

"Assessing the Impacts of Economic Recovery Measures on Rwanda’s Economy During and After the COVID-19 Pandemic: A General Equilibrium Analysis"
by Aragie, Emerta Asaminew, Xinshen Diao, David J. Spielman and James Thurlow


Abstract
This study assess the economic relief and recovery measures on Rwanda’s economy and citizen’s welfare. The analysis applies an economywide dynamic CGE model as a tool. Several impact channels are considered in the design of the model and the analysis, including sector productivity, capital capability, export demand, international remittance inflows, and more importantly, inter-sector linkages. To assess the impacts of COVID-19 and measures of economic recovery plans, the study starts with a situation in the absence of both COVID-19 and the relief and recovery measures when the economy could have continued its historical economic growth trajectory. It then evaluates the adverse impact of the COVID-19 pandemic in comparison with the no-COVID situation following the pre-pandemic trend. Finally, the paper introduces the recovery measures and analyzes their effectiveness in reducing the negative impacts of COVID-19 on economic growth, employment and household incomes. In doing so, it helps to understand the short- to medium-term impacts of the pandemic and the government’s relief and recovery measures.


Resource Details (Export Citation) GTAP Keywords
Category: Other CGE Application
Status: Not published
By/In:
Date: 2022
Version:
Created: Aragie, E. (4/15/2022)
Updated: Batta, G. (4/25/2022)
Visits: 161
- Calibration and parameter estimation
- Agricultural policies
- Domestic policy analysis
- Food prices and food security
- Economic analysis of poverty
- Economic crisis
- Economic development
- Economic growth
- Africa (East)


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