The Potential Impact of COVID-19 on GDP and Trade : A Preliminary Assessment (English)

The virus that triggered a localized shock in China is now delivering a significant global shock. This study simulates the potential impact of COVID-19 on gross domestic product and trade, using a standard global computable general equilibrium model. It models the shock as underutilization of labor and capital, an increase in international trade costs, a drop in travel services, and a redirection of demand away from activities that require proximity...

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Author

Maliszewska,Maryla;

Mattoo,Aaditya;

Van Der Mensbrugghe,Dominique;
Document Date
2020/04/10
Document Type
Policy Research Working Paper
Report Number
WPS9211
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2020/04/10
Disclosure Status
Disclosed
Doc Name
The Potential Impact of COVID-19 on GDP and Trade : A Preliminary Assessment
Keywords
global pandemic

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Citation

Maliszewska,Maryla; Mattoo,Aaditya; Van Der Mensbrugghe,Dominique.

The Potential Impact of COVID-19 on GDP and Trade : A Preliminary Assessment (English). COVID-19 (Coronavirus)|Policy Research working paper|no. WPS 9211 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/295991586526445673

The Potential Impact of COVID-19 on GDP and Trade : A Preliminary Assessment (English)

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Citation

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