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The readiness of industry for a transformative recovery from COVID 19

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  • Fankhauser, Samuel
  • Kotsch, Raphaela
  • Srivastav, Sugandha

Abstract

Non-technical summary Many countries are committed to emerge from COVID 19 on a more sustainable environmental footing. Here we explore what such a structurally transformative recovery would mean for the manufacturing sector of 14 major economies. We find that all countries have zero-carbon growth opportunities post-COVID and comparative advantages in some sectors, but industrialised countries and the East Asian economies, especially South Korea, appear best positioned, thanks a push in low-carbon innovation that predates the pandemic.

Suggested Citation

  • Fankhauser, Samuel & Kotsch, Raphaela & Srivastav, Sugandha, 2020. "The readiness of industry for a transformative recovery from COVID 19," LSE Research Online Documents on Economics 106995, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:106995
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    File URL: http://eprints.lse.ac.uk/106995/
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    More about this item

    Keywords

    coronavirus; Covid-19; ES/R009708/1;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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    This paper has been announced in the following NEP Reports:

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