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GTAP Resource #6297

"Global and local effects of the COVID-19 pandemic on Africa: What role does tourism play?"
by Flaig, Dorothee and Arndt Feuerbacher

The COVID19 pandemic has caused an unprecedented decline in global economic growth. COVID19 effects on an economy are numerous, including global and local effects. This study focusses on the pandemic’s impacts on the African continent with the interest to understand how the continent’s integration within the world economy and its dependency on income from tourism determines the severity of the pandemic’s impacts. We are, i.e., interested to identify the global channels that are most vulnerable to distortion and their impact on local welfare. To this end, we report an adapted conceptual framework to identify the main impact channels of the COVID19 pandemic. Based on this framework we employ stylised shocks to single out the different impact channels, thus decomposing GDP effects. These stylised scenarios are informed by the literature on the magnitude of shocks induced by COVID19.

Resource Details (Export Citation) GTAP Keywords
Category: 2021 Conference Paper
Status: Not published
By/In: Presented during the 24th Annual Conference on Global Economic Analysis (Virtual Conference)
Date: 2021
Created: Flaig, D. (4/15/2021)
Updated: Flaig, D. (6/25/2021)
Visits: 843
- Economic crisis
- Trade in services
- Africa (Central)
- Africa (East)
- Africa (West)

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