Analysis of the Kenyan economy: an input-output approach

Abstract

Since the beginning of the 2008 economic crisis, economic growth and development have been in the forefront of economic research. In a global context, the highest levels of poverty as well as malnutrition problems are found in sub-Saharan African countries. Social Accounting Matrices (SAMs) are useful tools to describe the economic situation of these countries, the interactions among economic agents and to support policymakers in implementing their policies. The paper shows the macro- and micro-economic indicators of Kenya, which can be directly extracted from the described SAM 2017 for Kenya The analysis of the SAM multipliers shows that agri-food multipliers are in general above the average reflecting the strength of backward and forward linkages of Kenya’s economy.