The economic effects of COVID-19 in Mexico. An input-output approach

Authors

  • Lilian Albornoz Mendoza Universidad Autónoma de Yucatán
  • Javier Becerril García Universidad Autónoma de Yucatán
  • Rafael Ortiz Pech Universidad Autónoma de Yucatán

DOI:

https://doi.org/10.46443/catyp.v17i2.287

Keywords:

supply shock, demand shock, input-output

Abstract

The impact supply and demand shocks due to non-essential activities lockdown measures during the months of April and May, technical lock in the manufacturing sector during the last week on March and social distances measures during the months June-December. An input-output model is estimated using the 2013 input-output matrix and 2019 Gross Value Added (GVA). The annual variation rate of the GVA is -11.9% considering the supply and demand shocks of March-December. And an annual variation rate of -2.51% of GVA considering only the supply shock. The greatest impact on the economy corresponds to the demand shocks.

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Published

2022-02-24

How to Cite

Albornoz Mendoza, L., Becerril García, J., & Ortiz Pech, R. (2022). The economic effects of COVID-19 in Mexico. An input-output approach. Ciencias Administrativas. Teoría Y Praxis, 17(2), 67–84. https://doi.org/10.46443/catyp.v17i2.287

Issue

Vol. 17 No. 2 (2021): JULIO - DICIEMBRE

Section

Artículos

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.