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| dc.title | Research Insights: Can Better Infrastructure Offset the Negative Impacts That COVID-19 Has Had on Productivity in Different Economic Sectors? |
| dc.contributor.author | Ahumada, Hildegart |
| dc.contributor.author | Cavallo, Eduardo A. |
| dc.contributor.author | Espina-Mairal, Santos |
| dc.contributor.author | Navajas, Fernando |
| dc.contributor.orgunit | Department of Research and Chief Economist |
| dc.coverage | Latin America and the Caribbean |
| dc.date.available | 2021-09-29T00:00:00 |
| dc.date.issue | 2021-09-29T00:00:00 |
| dc.description.abstract | The effects of COVID-19 have been stronger in service-related subsectors, where supply and/or demand were constrained by lockdowns and social distancing measures. The losses in these subsectors have had direct impacts-through their weight in countries GDP-and indirect impacts through their effect on other sectors. In Latin America, effects on the three most affected sectors-wholesale, retail, and hospitality services; construction; and manufacturing-add up to a 4.9 percent hit to economy-wide labor productivity through direct and indirect channels. Large productivity improvements in infrastructure may be needed to fully compensate for the negative productivity losses traceable to COVID-19. |
| dc.format.extent | 4 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0003682 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Research-Insights-Can-Better-Infrastructure-Offset-the-Negative-Impacts-That-COVID-19-Has-Had-on-Productivity-in-Different-Economic-Sectors.pdf |
| dc.identifier.url | https://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-Puede-una-mejor-infraestructura-compensar-los-efectos-negativos-que-la-COVID-19-ha-tenido-en-la-productividad-de-los-diferentes-sectores-economicos.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Coronavirus |
| dc.subject | Pandemics |
| dc.subject | Productivity Growth |
| dc.subject | Productivity Shock |
| dc.subject | Labor Productivity |
| dc.subject | Manufacturing Industry |
| dc.subject | Infrastructure Development |
| dc.subject | Infrastructure Work |
| dc.subject | Construction Industry |
| dc.subject.jelcode | O47 - Empirical Studies of Economic Growth • Aggregate Productivity • Cross-Country Output Convergence |
| dc.subject.jelcode | C51 - Model Construction and Estimation |
| dc.type | Catalogs and Brochures |
| idb.identifier.pubnumber | IDB-CB-00580 |
| idb.operation | BK-C1102 |