Artikel
The economic impact of lockdowns: A persistent inoperability input-output approach
The COVID-19 pandemic has forced governments around the world to implement unprecedented lockdowns, mandating businesses to shut down for extended periods of time. Previous studies have modeled the impact of disruptions to the economy at static and dynamic settings. This study develops a model to fulfil the need to account for the sustained disruption resulting from the extended shutdown of business operations. Using a persistent inoperability input-output model (PIIM), we are able to show that (1) sectors that suffer higher levels of inoperability during quarantine period may recover faster depending on their resilience; (2) initially unaffected sectors can suffer inoperability levels higher than directly affected sectors over time; (3) the economic impact on other regions not under lockdown is also significant.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Economies ; ISSN: 2227-7099 ; Volume: 8 ; Year: 2020 ; Issue: 4 ; Pages: 1-14 ; Basel: MDPI
- Classification
-
Wirtschaft
- Subject
-
COVID-19
disease outbreak
economic impact assessment
inoperability input-output model
input-output analysis
pandemic
- Event
-
Geistige Schöpfung
- (who)
-
Yu, Krista Danielle S.
Aviso, Kathleen B.
Santos, Joost R.
Tan, Raymond R.
- Event
-
Veröffentlichung
- (who)
-
MDPI
- (where)
-
Basel
- (when)
-
2020
- DOI
-
doi:10.3390/economies8040109
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Yu, Krista Danielle S.
- Aviso, Kathleen B.
- Santos, Joost R.
- Tan, Raymond R.
- MDPI
Time of origin
- 2020
Other Objects (12)
Data input/output
Input-Output OOMs
Relations Input-Output
Assessing the economic effects of lockdowns in Italy: A dynamic Input-Output approach
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Income differences and input-output structure
Metropolitan Multiregional Input-Output Modelling Framework
Technology-intensive industries - Input-output analysis
Technology adoption in input-output networks
Supply-Use and Input-Output Tables
Data input/output
Input-Output OOMs
Relations Input-Output
Assessing the economic effects of lockdowns in Italy: A dynamic Input-Output approach
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Income differences and input-output structure
Metropolitan Multiregional Input-Output Modelling Framework
Technology-intensive industries - Input-output analysis
Technology adoption in input-output networks
Supply-Use and Input-Output Tables
Data input/output
Input-Output OOMs
Relations Input-Output
Assessing the economic effects of lockdowns in Italy: A dynamic Input-Output approach
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Income differences and input-output structure
Metropolitan Multiregional Input-Output Modelling Framework
Technology-intensive industries - Input-output analysis
Technology adoption in input-output networks