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 ...
highlighting the rising inevitability that Australia will fall into a recession of an initial intensity greater than that seen during the global financial crisis. IHS Markit estimates that the Australian economy will contract by an annual rate of 6.6% in the second quarter, with ...
COVID-19's impact on the Australian labour market has been dramatic and multifaceted. Some sectors of the economy have been almost completely shut down by government order. The demand in many industries has collapsed, while a few others have seen an increase. As many as one million jobs are...
With lockdown, all industry and transport sectors were closed, energy demand reduced greatly but the time shift of energy demand had a critical impact on grid and energy generation. Decreased energy demand caused a silver lining with an improved environment. However, drowned economy creating a ...
Those papers mentioned are exclusively focusing on a negative impact on freight volumes in transportation industry due to the increase in inventories of different industrial firms in the economy during the COVID-19s shock. In contrast, few papers focus solely on China's freight transport from ...
"We know that the economic situation has deteriorated, as every day passes. And we know that the economic shock from the coronavirus and its impact will be deeper, will be wider and will be longer than first thought. "But tonight, the Australian Parliament has acted in the best interests ...
The COVID-19 pandemic has had a pronounced effect on the Australian private health insurance (PHI) industry. With government-imposed restrictions limiting access to hospital and nonhospital treatments, fund benets paid have declined or grown only slowly since 2020. At the same time, PHI insurers...
bill was offered at the California State level, but ultimately did not become law (Høeg and Prasad2022). Yet, the fall of 2022, saw some districts—such as the District of Columbia—pursuing these policies, despite concern of disproportionate impact on black children (Holland and Johnson2022...
Annual Covid-19 Impacts of the pandemic on the Australian economy considering the grape and wine industry Wittwer (2020) Static Multiregional Annual Covid-19 Economic effects of the pandemic on the international tourism market Pham et al. (2021) Dynamic Interregional Model Annual Covid-19 Impacts...
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, ...