Assessing the Impact of COVID-19 First Wave on Indian Economy Using Inoperability Input-Output Approach
25 Pages Posted: 25 Aug 2021
Date Written: August 24, 2021
This study uses the technique of inoperability input-output analysis to estimate the impact of COVID-19 pandemic on India. The study estimates that the complete lockdown of transport and hotel sectors to prevent the spread of coronavirus resulted in a loss of 4.2% of the output at basic prices. Sector by sector estimates of total loss, loss to labour and capital income and dispersion of loss between rural and urban areas is also estimated.
Keywords: Input-output analysis, COVID-19, Disaster Risk management
JEL Classification: C67, P44, R15
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