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The economic impact of the pandemic - drivers of regional differences

Author

Listed:
  • Meinen, Philipp
  • Serafini, Roberta

Abstract

This box examines the drivers of intra-country regional differences in the economic impact of the coronavirus (COVID-19), as observed in the four largest euro area economies during the initial phase of the pandemic. More specifically, it discusses how the interaction between government containment measures, sectoral structure and trade linkages helps explain the intra-country regional variations in the labour market impact of the pandemic. It finds that the different economic impact across regions cannot be explained solely by the spread of infections JEL Classification: R11, F14, J40, R15

Suggested Citation

  • Meinen, Philipp & Serafini, Roberta, 2021. "The economic impact of the pandemic - drivers of regional differences," Economic Bulletin Boxes, European Central Bank, vol. 1.
    • Handle: RePEc:ecb:ecbbox:2021:0001:3
    Note: 375045
    as

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    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2021/html/ecb.ebbox202101_03~0a3fc84b10.en.html
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    Citations

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    Cited by:

    1. Ángel Luis Gómez & Ana del Río, 2021. "El impacto desigual de la crisis sanitaria sobre las economías del área del euro en 2020," Occasional Papers 2115, Banco de España.
    2. Ángel Luis Gómez & Ana del Río, 2021. "The uneven impact of the health crisis on the euro area economies in 2020," Occasional Papers 2115, Banco de España.

    More about this item

    Keywords

    COVID-19; regional impact; sectoral structure; trade;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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