Assessing the "negative effect" and "positive effect" of COVID-19 in China.

ABSTRACT: The COVID-19 pandemic lockdowns led to a sharp drop in socio-economic activities in China in 2020, including reductions in fossil fuel use, industry productions, and traffic volumes. China's economy suffered a serious negative effect from COVID-19. However, there is a "positive effect" on CO₂ emissions reduction. Here, for the first time, this paper constructs a new model named "Weighted Multi-regional Hypothetical Extraction Method (WMHEM)" based on a multiregional input-output model. It not only solves the problems of traditional HEM methods such as improper use of assumptions, excessive reliance on industry intermediate input, but also accurately reflects the impact of external shocks on the inter-industry linkages. By using the monthly economic data of each provinces in Chin

SUBMITTER: Wen W 

PROVIDER: S-EPMC9482555 | biostudies-literature | 2022 Nov

REPOSITORIES: biostudies-literature