the tourism sector and consequently on the macroeconomy of Mauritius. Findings demonstrate COVID-19-induced tourism export … shock triggering subdued exports, imports, investments and tax revenues while government debt, inflation rate, transfer …

aim of uncovering a single structural parameter, but theory suggests it could differ depending on the shock that drives … exports relative to the response of the exchange rate, conditional on each shock. Our findings suggest that this relationship … differs greatly from one shock to another, where domestic shocks generate a much weaker relationship than global shocks. We …