The Impact of COVID-19 Shocks on Business and GDP of Global Economy
Description:
Article examines the relationship between COVID-19 shocks and GDP loss of different countries worldwide based on the seven scenarios of the epidemiological DSGE/CGE model. Their results reveal that the most significant GDP loss is associated with Japan, Germany, and the US, respectively, which are industrialized countries with the most prominent automobile manufacturers.
Date:
November 16, 2022
Creator:
Ahangar, Reza Gharoie & Kim, Myungsup
Partner:
UNT College of Liberal Arts & Social Sciences