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GTAP Resource #6368

"Analysing the impact of COVID-19 on the global economy"
by Arriola, Christine, Przemyslaw Kowalski, Donal Smith and Frank van Tongeren

The COVID-19 pandemic and associated policy responses aimed at containing the virus are having far-reaching economic consequences. The pandemic has had an impact on human health and behaviour, and governments deployed considerable virus containment and economic support measures. In several countries citizens were required to work from home, social interactions were limited, schools, shops and restaurants had to be closed, and governments placed various restrictions on public transport and travel both within and across international borders. This has virtually shuttered economic activity in certain sectors of the economy while other sectors were relatively unaffected (and some increased). At the same time, many governments have deployed unprecedented financial and other means to support incomes, employment and prevent pandemic-related bankruptcies. This paper aims to assess the economic impact of the COVID-19 pandemic and the associated policy responses on the global economy and international trade using the OECD METRO Model.

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
Version: 1
Created: Arriola, C. (4/15/2021)
Updated: Arriola, C. (4/15/2021)
Visits: 1,211
- Economic crisis
- Non-Tariff barriers
- Non-Tariff measures in services

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