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Welfare Effects of Higher Energy and Food Prices in Botswana: A SAM Price Multiplier Analysis

Botswana Journal of Economics

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Title Welfare Effects of Higher Energy and Food Prices in Botswana: A SAM Price Multiplier Analysis
 
Creator Tlhalefang, Jonah
Galebotswe, Obonye
 
Subject —
 
Description Using a social accounting matrix (SAM) multiplier framework, the paper examines the welfare effects of higher prices of internationally traded energy and food commodities on economic sectors in Botswana. These are adverse supply–side shocks to Botswana since the country is a net importer of energy and food commodities. The findings indicate that the effects of these shocks are heavily concentrated on very few production sectors; only agriculture, electricity, non-diamonds mining, water and government sectors are affected the most. Moreover, households in the rural areas are hurt much more than those in urban areas. These insights underscore the need for government to deliver on investments that are intended to increase agricultural yields and domestic energy production and to ensure that efficiency gains in food and energy supply chains are achieved. In addition, there is a need to review the adequacy and targeting of existing social safety nets.Keywords: Social Accounting Matrix; Multiplier analysis; Welfare; BotswanaBOJE: Botswana Journal of Economics, 11(15), 21-31
 
Publisher The Botswana Economics Association
 
Contributor —
 
Date 2013-09-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/boje/article/view/94195
 
Source Botswana Journal of Economics; Vol 11, No 15 (2013)
1810-0163
1810-0163
 
Language eng
 
Relation https://www.ajol.info/index.php/boje/article/view/94195/83594
 
Rights Copyright for content published in the journal is held by The Botswana Economics Association