China and World Output Impact of the Hubei Lockdown During the Coronavirus Outbreak

Using a network approach, we estimate the output loss due to the lockdown of the Hubei province triggered by the coronavirus disease (COVID-19). Based on our most conservative estimate, China suffers about 4% loss of output from labor loss, and global output drops by 1% due to the economic contraction in China. About 40% of the impact is indirect, coming from spillovers through the supply chain inside and outside China

MoreLess

Year of publication:	2020
Authors:	Luo, Shaowen
Other Persons:	Tsang, Kwok Ping (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Coronavirus \| China \| Lockdown \| Lock-down \| Welt \| World \| Wirkungsanalyse \| Impact assessment \| Infektionsschutz \| Infection control

Extent:	1 Online-Ressource (18 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Forthcoming, Contemporary Economic Policy Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 24, 2020 erstellt
Other identifiers:	10.2139/ssrn.3543760 [DOI]
Classification:	E23 - Production ; E24 - Employment; Unemployment; Wages ; f62
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012840805