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The unprecedented lockdown measures implemented by many countries in the wake of the COVID-19 pandemic have created a need for tools to assess their economic costs. For this purpose, we present a novel dynamic input-output modelling framework which we apply to an estimation of the economic...
Persistent link: https://www.econbiz.de/10013248328
We use the World Input Output Database (WIOD) to estimate the potential employment effects of a hard Brexit in 43 countries. In line with other studies we assume that imports from the European Union (EU) to the UK will decline by 25% after a hard Brexit. The absolute effects are largest in big...
Persistent link: https://www.econbiz.de/10011971181
The unprecedented lockdown measures implemented by many countries in the wake of the COVID-19 pandemic have created a need for tools to assess their economic costs. For this purpose, we present a novel dynamic input-output modelling framework which we apply to an estimation of the economic...
Persistent link: https://www.econbiz.de/10012436316
We use the World Input-Output Database (WIOD) combined with regional sectoral employment data to estimate the potential regional employment effects of interna‑tional trade barriers. We study the case of a no-deal Brexit in which imports to the United Kingdom (UK) from the European Union (EU)...
Persistent link: https://www.econbiz.de/10012588783
We extend the regional input-output model for the economic impact assessment of Covid-19 lockdowns in Italy proposed in Reissl et al. (2021) by incorporating the effects of changes in mobility on the level and composition of consumption demand. We estimate the model on sectoral data for 2020 and...
Persistent link: https://www.econbiz.de/10012816237
The new Coronavirus pandemic (COVID-19), which began in late 2019 in China, lead to a health and economic crisis of significant proportions. The decrease in economic activity in order to prevent further spread of the disease affected all economic sectors, resulting in the unprecedented loss of...
Persistent link: https://www.econbiz.de/10013162281
Energy subsidies account for about 7% of Ecuador's yearly public spending, or two thirds of the fiscal deficit … inform policy design, we use household survey data from Ecuador in combination with augmented input-output data to assess the …
Persistent link: https://www.econbiz.de/10012167866
As part of the sustainable energy transition in Germany, substantial investments into power grid infrastructure are planned. They are intended to provide flexibility to an electricity system increasingly relying on variable renewable energy sources, and on European interconnection. The...
Persistent link: https://www.econbiz.de/10012833096
Persistent link: https://www.econbiz.de/10001593429
Economic shocks due to COVID-19 were exceptional in their severity, suddenness and heterogeneity across industries. To study the upstream and downstream propagation of these industry-specific demand and supply shocks, we build a dynamic input-output model inspired by previous work on the...
Persistent link: https://www.econbiz.de/10013246163