Emerging Markets Finance and Trade ( IF 4.859 ) Pub Date : 2020-12-14 , DOI: 10.1080/1540496x.2020.1854723 Pengcheng Song 1 , Xuan Zhang 2 , Yu Zhao 1 , Liao Xu 3
ABSTRACT
This article investigates the performance of the industrial structure in different emerging markets under exogenous shocks during the COVID-19. Based on the ICIO database, we use System Dynamics to simulate the evaluation of the economic system under different types of exogenous shocks (instantaneous shocks like entertainment restrictions, and continuous shocks like trade controls). We find that there are significant differences in the shock absorption capability of a country, that capability is not related to the magnitude of the shock, but related to the type of shock and the industrial structure.
中文翻译:
双向工业网络上的外来冲击:基于COVID-19大流行期间政策的模拟
摘要
本文研究了在COVID-19期间外来冲击下不同新兴市场的产业结构表现。基于ICIO数据库,我们使用系统动力学来模拟在不同类型的外来冲击(如娱乐限制之类的瞬时冲击,以及贸易管制之类的连续性冲击)下的经济系统评估。我们发现一个国家的减震能力存在显着差异,该能力与冲击的程度无关,而与冲击的类型和产业结构有关。