COVID‐19energypandemicrecessionWe simulate the economic impacts of the COVID pandemic on the Australian economy using VURM, a detailed computable general equilibrium model for Australia. We identify five sources of economic perturbations: changes to productivity due to changing work practices, changes ...
Josh Frydenberg and Finance Minister Mathias Cormann on Monday night announced that they will use the first day of Parliament's return to deliver a ministerial statement outlining how the government's economic response to COVID-19 has affected the nation's economy and finances. Frydenberg was du...
The effects of COVID-19 notwithstanding, the Australian Industry and Skills Committee anticipates a snapback to a pre-COVID trajectory in 2021 and 2022 (AISC, 2021). When considering the impact of COVID-19 on general outdoor and adventure outdoor recreation, there is a need to differentiate...
In his lecture “The pandemic and new issues in international politics and economy”, Prof. Yu Nanping pointed out that, judging from the socio-economic perspective, the coronavirus pandemic had exerted a huge impact on the supply chain, domestic and foreign demands, enterprise development, consumpt...
The outbreak of the COVID-19 pandemic has resulted in a global economic recession, but little is known about the impact it has had on the informal economy, including the peer-to-peer rental market. This study assessed the financial loss of Airbnb listings for its hosts in Greater Sydney, ...
This study provides survey evidence concerning how COVID-19 has impacted Australian musicians. Between June and July 2020, we surveyed 203 musicians about the effects of the pandemic on their employment and income. We also asked about their sentiment concerning future employment and income ...
However, when the local economy started to feel the impact of COVID-19, Akinpe found her world collapsed in front of her eyes in a way she never thought possible. As restrictions were imposed to stop the virus' spread, she suddenly lost her job in an industry she loved. ...
TORONTO (Reuters) - Ontario could reach 1,000 new COVID-19 cases a day in the first half of October, projections released on Wednesday showed, putting Canada's most-populous province on a trajectory similar to that of the hard-hit Australian state of Victoria. The projections...
In order to assess the impact of the global economic shock from the COVID-19 spread, we produce conditional forecasts of coal, natural gas and oil consumption, for the advanced and the emerging economies separately, conditional on GDP forecast trajectories (scenarios) over eight quarters. These ...
The paper, authored by a team of Chinese researchers from Australian and Malaysian universities and a Turkish tourism professor, predicts that the global pandemic could have a long-lasting impact on the consumption pattern of Chinese travelers leading to growing popularity of free and independen...