scholarly journals How to measure the territorial economic impact of the COVID-19 pandemic in contexts with scarce regional data?

REGION ◽  
2021 ◽  
Vol 8 (2) ◽  
pp. 167-186
Author(s):  
Andrés Niembro ◽  
Carla Daniela Calá
Keyword(s):  
Labor Market ◽  
Economic Impact ◽  
Remote Work ◽  
Regional Data ◽  
Regional Production ◽  
Operational Level ◽  
Market Areas ◽  
Highly Correlated ◽  
The Impact ◽  
Official Data

In this paper we propose an index to approximate the territorial economic impact of the COVID–19 pandemic in contexts with scarce or outdated regional data, which is often the case in developing countries. This index is based on data that are usually available in most countries: a) the sectoral productive structure of the regions, b) the operational level of each sector, c) the mobility of workers in each region, and d) the possibility of remote work among sectors. The empirical application for Argentina describes the impact of the pandemic on regional production during the second and third quarters of 2020, both for the provinces and labor market areas. Our results show that the regional impact of COVID–19 on private economic activity was highly heterogeneous between and within provinces. The proposed index is also highly correlated with sporadic official data coming from national agencies, while it has a wider geographical and temporal scope, especially in terms of labor market areas.

Post-pandemic transformation of the labor market

2021 ◽  
Vol 20 (4) ◽  
pp. 684-696
Author(s):  
Dinara R. ORLOVA ◽  
Yuliya S. OTMAKHOVA ◽  
Irina A. PUZYREVA
Keyword(s):  
Labor Market ◽  
Displaced Workers ◽  
Remote Work ◽  
Scientific Methods ◽  
Process Implementation ◽  
Basic Competencies ◽  
Market Transformation ◽  
General Scientific ◽  
Ambiguous Effect ◽  
The Impact

Subject. One of the most important effects of the pandemic on the economy is the labor market transformation. It is projected that there will be a structural transformation of the map of in-demand professions and competencies. The labor market will adapt to the requirements of maximum digitalization of the labor functions process implementation. Objectives. The aim is to study the effects of the COVID-19 pandemic on the labor market. Our tasks are to investigate the impact of the pandemic on various sectors of the economy, identify new professions in the new environment, find out the skills demanded by employers during the COVID-19 pandemic. Methods. The study employs dialectical and systems approaches, general scientific methods of logical and comparative analysis to achieve the intended objective and solve the problem of determining the post-pandemic changes in the labor market. Results. We identified short-term and long-term market transformations caused by the COVID-19 pandemic. They result in changes in basic competencies and systemic restructuring of the structural and professional component of workforce. Conclusions. The pandemic has a complex and ambiguous effect on the labor market. Companies are committed to accelerating the digitalization of work flows, education, expanding the remote work, and automating tasks within the organization. The impact of the pandemic should be addressed by supporting the displaced workers and monitoring the new opportunities in the labor market.

Virus may force Egypt to turn to external support

2020 ◽  
Keyword(s):  
Health System ◽  
Economic Impact ◽  
Slow Rate ◽  
External Support ◽  
Portfolio Investment ◽  
Content Type ◽  
Mass Influx ◽  
The Government ◽  
The Impact ◽  
Official Data

Significance Egypt has already suffered severe economic impact, with tourism closed down and portfolio investment in full flight. The government has imposed a partial lockdown, while allowing construction and some manufacturing to continue, in an effort to mitigate the impact on the economy. Impacts The relatively slow rate of the pandemic’s spread in Egypt raises questions about the accuracy of official data. The health system would struggle to cope with a mass influx of potentially infected Egyptian workers from the Gulf. Egypt’s relatively youthful demographic profile may make the trajectory of the epidemic different than Europe’s.

The Effect of COVID-19 on Firms and Employment in Central America

2021 ◽  
Author(s):  
Reyes Aterido ◽  
Giselle Del Carmen Hasbun ◽  
Marta Ruiz-Arranz ◽  
Rodolfo Stucchi
Keyword(s):  
El Salvador ◽  
Central America ◽  
World Bank ◽  
Small Firms ◽  
Remote Work ◽  
Labor Regulations ◽  
The World Bank ◽  
Highly Correlated ◽  
The Impact ◽  
Economic And Social Impacts

This paper assesses the effect of the COVID-19 pandemic on firms and employment in El Salvador, Guatemala, Honduras, and Nicaragua. We use data from The World Bank COVID-19 Business Pulse Surveys and other complementary sources. Our analysis shows that since the COVID-19 outbreak, 1 in 4 formal businesses in El Salvador, Guatemala, Honduras, and Nicaragua have closed, with monthly sales dropping by a third on average across countries. To counter the impact of the crisis, firms opted to decrease total hours worked, reduce wages or furlough workers. Small firms exhibited the largest declines in sales and employment and faced greater liquidity constraints. Firms response in terms of employment was highly correlated to the change in sales and affected by labor regulations. Even though the possibility of telecommuting is limited across Central America, over half of formal firms among Northern Triangle countries and a quarter in Nicaragua started or increased remote work, which helped to cushion the impact on employment. Despite increases in public spending and policies to mitigate the economic and social impacts of the pandemic, few formal firms received government assistance.

scholarly journals Rapid Review on COVID-19, Work-Related Aspects, and Age Differences

2021 ◽  
Vol 18 (10) ◽  
pp. 5166
Author(s):  
Lara Bellotti ◽  
Sara Zaniboni ◽  
Cristian Balducci ◽  
Gudela Grote
Keyword(s):  
Labor Market ◽  
Healthcare Workers ◽  
Turnover Intentions ◽  
Job Insecurity ◽  
Age Groups ◽  
Occupational Risk ◽  
Rapid Review ◽  
Remote Work ◽  
Work Related ◽  
The Impact

The COVID-19 pandemic significantly impacted the labor market and multiple aspects of work and workers’ life. The present rapid review analyzes this impact considering the effects that COVID-19 pandemic had on employment and work-related aspects across different age groups. A comprehensive literature search was performed on scientific contributions published between 2019 and March 2021, resulting in 36 papers pertinent to the scope of this review. Findings were grouped according to different topics, all linked to age: occupational risk, implications on the labor market (i.e., job loss and reemployment, job insecurity, turnover intentions and retirement, and healthcare workers’ return-to-work phase), remote work, and key individual and organizational resources and strategies. Overall, the review revealed variability across age groups in the impact this pandemic had on employment and several work-related aspects (i.e., occupational risk, remote work). Findings supported an age-differential effect of normative history-graded events such as the current pandemic, highlighting different responses and consequences depending on workers’ age.

Implications of higher retirement age for the labor market

2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Demand ◽  
Retirement Age ◽  
Demographic Trends ◽  
Men And Women ◽  
Demographic Projections ◽  
The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

Investment climate and government turnover in russian regions

2014 ◽  
pp. 88-117 ◽  
Author(s):  
G. Syunyaev ◽  
L. Polishchuk
Keyword(s):  
Economic Development ◽  
Theoretical Model ◽  
Private Sector ◽  
Authoritarian Regimes ◽  
Russian Regions ◽  
Investment Climate ◽  
Regional Data ◽  
Endogenous Property Rights ◽  
The Impact

We study the impact of Russian regional governors’ rotation and their affiliation with private sector firms for the quality of investment climate in Russian regions. A theoretical model presented in the paper predicts that these factors taken together improve “endogenous” property rights under authoritarian regimes. This conclusion is confirmed empirically by using Russian regional data for 2002—2010; early in that period gubernatorial elections had been canceled and replaced by federal government’s appointments. This is an indication that under certain conditions government rotation is beneficial for economic development even when democracy is suppressed.

Income and Life Quality of Farmer Households Suffering Social Exclusion

2012 ◽  
pp. 63-87
Author(s):  
Anh Mai Ngoc ◽  
Ha Do Thi Hai ◽  
Huyen Nguyen Thi Ngoc
Keyword(s):  
Labor Market ◽  
Statistical Method ◽  
Social Exclusion ◽  
Central Government ◽  
Life Quality ◽  
Economic Aspect ◽  
Local Authorities ◽  
The Impact

This study uses descriptive statistical method to analyze the income and life qual- ity of 397 farmer households who are suffering social exclusion in an economic aspect out of a total of 725 households surveyed in five Northern provinces of Vietnam in 2010. The farmers’ opinions of the impact of the policies currently prac- ticed by the central government and local authorities to give them access to the labor market are also analyzed in this study to help management officers see how the poli- cies affect the beneficiaries so that they can later make appropriate adjustments.

The Impact of the Public Expenditure Cuts Policy on the Labor Market in Vietnam

2012 ◽  
pp. 22-46
Author(s):  
Huong Nguyen Thi Lan ◽  
Toan Pham Ngoc
Keyword(s):  
Labor Market ◽  
Computable General Equilibrium ◽  
Impact Evaluation ◽  
Public Expenditure ◽  
Computable General Equilibrium Model ◽  
Living Standard ◽  
Input Output ◽  
Policy Makers ◽  
The Public ◽  
The Impact

The purpose of this study is to evaluate the impact of public expenditure cuts on employment and income to support policies for the development of the labor mar- ket. Impact evaluation is of interest for policy makers as well as researchers. This paper presents a method – that is based on a Computable General Equilibrium model – to analyse the impact of the public expenditure cuts policy on employment and income in industries and occupations in Vietnam using macro data, the Input output table, 2006, 2008 and the 2010 Vietnam Household Living Standard Survey.

The Impact of a Potential Public/Private Initiative on a Defined Region of the South Suburban Chicago Metropolitan Area

2019 ◽  
pp. 14-32
Keyword(s):  
Supply Chain ◽  
Economic Impact ◽  
Impact Analysis ◽  
Census Data ◽  
Economic Benefits ◽  
Local Economy ◽  
Market Area ◽  
State And Local ◽  
The University ◽  
The Impact

The university is considered one of the engines of growth in a local economy or its market area, since its direct contributions consist of 1) employment of faculty and staff, 2) services to students, and supply chain links vendors, all of which define the University’s Market area. Indirect contributions consist of those agents associated with the university in terms of community and civic events. Each of these activities represent economic benefits to their host communities and can be classified as the economic impact a university has on its local economy and whose spatial market area includes each of the above agents. In addition are the critical links to the University, which can be considered part of its Demand and Supply chain. This paper contributes to the field of Public/Private Impact Analysis, which is used to substantiate the social and economic benefits of cooperating for economic resources. We use Census data on Output of Goods and Services, Labor Income on Salaries, Wages and Benefits, Indirect State and Local Taxes, Property Tax Revenue, Population, and Inter-Industry to measure economic impact (Implan, 2016).

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