How to Lockdown an Economy: an Input Output Analysis of the Italian Case

Manasse, Paolo and Minerva, G. Alfredo and Patuelli, Roberto and Zirulia, Lorenzo (2020) How to Lockdown an Economy: an Input Output Analysis of the Italian Case. Bologna: Dipartimento di Scienze economiche, p. 14. DOI 10.6092/unibo/amsacta/6479. In: Quaderni - Working Paper DSE (1152). ISSN 2282-6483.
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Abstract

This paper employs the most recent Input Output tables to discuss the Italian lockdown after the COVID-19 epidemics. We define “basic activities” and derive a ranking of industries which more intensively contribute to them. Confronting our results with the choices of the Italian government, we find that these were broadly correct in terms of industrial composition. However, we find that the lockdown of industries such as construction, real estate and manufacture of basic metals reveal a very conservative preferences in terms of the target share of output of essential activities (below 85 %).

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Manasse, PaoloUniversity of Bologna0000-0002-9238-3584
Minerva, G. AlfredoUniversity of Bologna0000-0002-8146-1858
Patuelli, RobertoUniversity of Bologna0000-0003-1908-4307
Zirulia, LorenzoUniversity of Bologna0000-0002-2876-2037
Keywords
COVID-19, epidemic, lockdown, input-output
Subjects
ISSN
2282-6483
DOI
Deposit date
25 Sep 2020 11:39
Last modified
25 Sep 2020 11:39
URI

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