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Economic exposure to regional value chain disruptions: evidence from Wuhan’s lockdown in China
Production fragmentation across multiple regions can result in a regional shock propagating along value chains to a wider array of regions. We propose a methodological framework to measure the economic exposure to regional value chain disruptions due to city lockdown during Covid-19. The exposure index is evaluated by applying a hypothetical extraction method to a regionally extended inter-country input–output framework incorporating China’s interregional input–output table. Our methodology can be adapted to conduct disaster impact analyses at city, state and country levels. It provides a tool for the immediate assessment of the economic risks of value chain disruptions, enabling quick policy responses.
Economic exposure to regional value chain disruptions: evidence from Wuhan’s lockdown in China
Production fragmentation across multiple regions can result in a regional shock propagating along value chains to a wider array of regions. We propose a methodological framework to measure the economic exposure to regional value chain disruptions due to city lockdown during Covid-19. The exposure index is evaluated by applying a hypothetical extraction method to a regionally extended inter-country input–output framework incorporating China’s interregional input–output table. Our methodology can be adapted to conduct disaster impact analyses at city, state and country levels. It provides a tool for the immediate assessment of the economic risks of value chain disruptions, enabling quick policy responses.
Economic exposure to regional value chain disruptions: evidence from Wuhan’s lockdown in China
Tian, Kailan (author) / Zhang, Zhuoying (author) / Zhu, Lingxiu (author) / Yang, Cuihong (author) / He, Jianwu (author) / Li, Shantong (author)
Regional Studies ; 57 ; 525-536
2023-03-04
12 pages
Article (Journal)
Electronic Resource
Unknown
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