Evaluating the economic effects of the Ebola virus disease in Liberia: A synthetic control approach

Amos Z.B. Flomo*, Elissaios Papyrakis*, Natascha Wagner

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

2 Citations (Scopus)
21 Downloads (Pure)

Abstract

We use the synthetic control method to isolate the impact of the 2014–2016 Ebola virus disease epidemic on the Liberian economy. We find a slight initial decline in the unemployment rate, followed by an increase of roughly 1% (p-value ≤5%). The effect on inflation is more substantial (close to a 7% and 18% increase 4 and 5years after the outbreak) but statistically insignificant in the preceding period (2014–2016). We do not identify any other significant income and welfare effects. Synthetic control evidence for Guinea and Sierra Leone suggest even more limited long-term impacts.

Original languageEnglish
Pages (from-to)1478-1504
Number of pages27
JournalJournal of International Development
Volume35
Issue number6
DOIs
Publication statusPublished - Aug 2023

Bibliographical note

Publisher Copyright:
© 2023 The Authors. Journal of International Development published by John Wiley & Sons Ltd.

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