Cars in Europe : Supply Chains and Spillovers during COVID-19 Times /

The auto sector is macro-critical in many European countries and constitutes one of the main supply chains in the region. Using a multi-sector and multi-country general equilibrium model, this paper presents a quantitative assessment of the impact of global pandemic-induced labor supply shocks-both...

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Tác giả chính: Boranova, Vizhdan
Tác giả khác: Huidrom, Raju, Ozturk, Ezgi, Stepanyan, Ara
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2022.
Loạt:IMF Working Papers; Working Paper ; No. 2022/006
Những chủ đề:
Truy cập trực tuyến:Full text available on IMF
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100 1 |a Boranova, Vizhdan. 
245 1 0 |a Cars in Europe :   |b Supply Chains and Spillovers during COVID-19 Times /  |c Vizhdan Boranova, Raju Huidrom, Ezgi Ozturk, Ara Stepanyan. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2022. 
300 |a 1 online resource (42 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The auto sector is macro-critical in many European countries and constitutes one of the main supply chains in the region. Using a multi-sector and multi-country general equilibrium model, this paper presents a quantitative assessment of the impact of global pandemic-induced labor supply shocks-both directly and via supply chains-during the initial phase of the COVID-19 pandemic on the auto sector and aggregate activity in Europe. Our results suggest that these labor supply shocks would have a significant adverse impact on the major auto producers in Europe, with one-third of the decline in the value added of the car sector attributable to spillovers via supply chains within and across borders. Within borders, the pandemic-induced labor supply shocks in the services sector have a bigger adverse impact, reflecting their larger size and associated demand effects. Across borders, spillovers from the pandemic-induced labor supply shocks that originate in other European countries are larger than those that originate outside the region, though the latter are still sizable. 
538 |a Mode of access: Internet 
650 7 |a Auto Sector, Supply Chains and Spillovers  |2 imf 
650 7 |a Auto Sector  |2 imf 
650 7 |a Car Sale  |2 imf 
650 7 |a Labor Supply Shocks  |2 imf 
651 7 |a Jordan  |2 imf 
700 1 |a Huidrom, Raju. 
700 1 |a Ozturk, Ezgi. 
700 1 |a Stepanyan, Ara. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2022/006 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2022/006/001.2022.issue-006-en.xml  |z IMF e-Library