Estimating the Impact of COVID-19 on the Spanish Economy with Input-Output Analysis
REVISTA GALEGA DE ECONOMIA(2021)
Abstract
In this paper we present a forecast of the impact of measures to stem Covid-19 on the Spanish economy at a highly disaggregate level, using input-output techniques. Our estimations cover the period 2020-2021, and we consider two scenarios depending on the possibility of a second wave of massive infections in the autumn of 2020. In 2020, the lockdown of the population and the shutdown of a large part of the production system for several weeks are a supply-side shock that will be followed by a demand-side shock whose impact is expected to be even larger. In 2021 there will be some recovery, although we believe that it will not be sufficient for offsetting the initial negative shock. al negative shock.
MoreTranslated text
Key words
COVID-19,Spanish economy,Input-output analysis
AI Read Science
Must-Reading Tree
Example
![](https://originalfileserver.aminer.cn/sys/aminer/pubs/mrt_preview.jpeg)
Generate MRT to find the research sequence of this paper
Chat Paper
Summary is being generated by the instructions you defined