CHINA AND WORLD OUTPUT IMPACT OF THE HUBEI LOCKDOWN DURING THE CORONAVIRUS OUTBREAK.
Identifieur interne : 001A68 ( Main/Corpus ); précédent : 001A67; suivant : 001A69CHINA AND WORLD OUTPUT IMPACT OF THE HUBEI LOCKDOWN DURING THE CORONAVIRUS OUTBREAK.
Auteurs : Shaowen Luo ; Kwok Ping TsangSource :
- Contemporary economic policy [ 1074-3529 ] ; 2020.
Abstract
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% per period 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. (JEL E23, E24, F62).
DOI: 10.1111/coep.12482
PubMed: 32837176
PubMed Central: PMC7267563
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pubmed:32837176Le document en format XML
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<front><div type="abstract" xml:lang="en">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% per period 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. <i>(</i>
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<ReferenceList><Reference><Citation>Vet Rec. 1999 Dec 18-25;145(25):731-4</Citation>
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<Reference><Citation>Am J Trop Med Hyg. 2008 Sep;79(3):364-71</Citation>
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