IDEAS home Printed from https://ideas.repec.org/a/ids/ijepee/v15y2022i2-3-4p214-250.html
   My bibliography  Save this article

Economic policy of COVID-19: an emerging country perspective

Author

Listed:
  • Erekle Pirveli
  • Teona Shugliashvili
  • Nino Machavariani

Abstract

This work aims to establish a sectoral priority ranking for the emerging economy of Georgia. Based on 1,886 small, medium and large private entities from the eight largest sectors of the economy, we build a novel Sectoral Performance Index (SPI), detecting sectors' existing as well as potential contributory roles measured by GDP production, employment, intersectoral trade and firm-level efficiency (size, income levels and profitability). Findings reveal that the manufacturing industry, due to its deepest inter-sectoral networks in the input-output matrix, performs best and thus may serve well as an economic backbone of the country. The results are inconsistent with Georgia's current economic agenda with the focus on tourism industry. The latter, due to its high crisis-vulnerability and low performance, neither is suggestible as a top priority sector throughout the hard-times of COVID-19, nor is recommended in other times of economic development.

Suggested Citation

  • Erekle Pirveli & Teona Shugliashvili & Nino Machavariani, 2022. "Economic policy of COVID-19: an emerging country perspective," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 15(2/3/4), pages 214-250.
    • Handle: RePEc:ids:ijepee:v:15:y:2022:i:2/3/4:p:214-250
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=121348
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijepee:v:15:y:2022:i:2/3/4:p:214-250. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=219 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.