Please use this identifier to cite or link to this item:
https://doi.org/10.1016/j.econmod.2021.105510
DC Field | Value | |
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dc.title | From SARS to COVID-19: The evolving role of China-ASEAN production network | |
dc.contributor.author | Ammu George | |
dc.contributor.author | Changtai Li | |
dc.contributor.author | Jing Zhi Lim | |
dc.contributor.author | Xie Taojun | |
dc.date.accessioned | 2022-06-27T06:07:30Z | |
dc.date.available | 2022-06-27T06:07:30Z | |
dc.date.issued | 2021-08-01 | |
dc.identifier.citation | Ammu George, Changtai Li, Jing Zhi Lim, Xie Taojun (2021-08-01). From SARS to COVID-19: The evolving role of China-ASEAN production network. Economic Modelling 101 : 105510. ScholarBank@NUS Repository. https://doi.org/10.1016/j.econmod.2021.105510 | |
dc.identifier.issn | 0264-9993 | |
dc.identifier.uri | https://scholarbank.nus.edu.sg/handle/10635/227444 | |
dc.description.abstract | Two decades after the severe acute respiratory syndrome (SARS) outbreak, Asia is confronted with the coronavirus disease 2019 (COVID-19) that has significantly affected the region's economy. In a novel general equilibrium model, we introduce epidemiological dynamics to the production network between China and the Association of Southeast Asian Nations (ASEAN). In this model, agents' risk-averse behavior during pandemics leads to shifting demands across economic sectors. We calibrate the model with the Organisation for Economic Co-operation and Development (OECD) inter-country input-output tables for pre-SARS and pre-COVID-19 periods and control for disease dynamics across years. Findings show that in the absence of policy interventions, China's greater significance in global value chains is associated with substantial economic impacts, within China and the ASEAN region. Our sensitivity analyses further show that China's containment efforts reduce the spillover effects on ASEAN. | |
dc.subject | COVID-19 | |
dc.subject | Production network | |
dc.subject | China | |
dc.subject | Susceptible-infected-recovered model | |
dc.type | Article | |
dc.contributor.department | DEAN'S OFFICE (LKY SCH OF PUBLIC POLICY) | |
dc.description.doi | 10.1016/j.econmod.2021.105510 | |
dc.description.sourcetitle | Economic Modelling | |
dc.description.volume | 101 | |
dc.description.page | 105510 | |
dc.published.state | Published | |
Appears in Collections: | Staff Publications Elements |
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File | Description | Size | Format | Access Settings | Version | |
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From SARS to COVID-19_ The evolving role of China-ASEAN production network _ Elsevier Enhanced Reader.pdf | 11.78 MB | Adobe PDF | OPEN | None | View/Download |
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