IDEAS home Printed from https://ideas.repec.org/p/eti/rpdpjp/22008.html
   My bibliography  Save this paper

An analysis framework for supply shock effects on production and employment (Japanese)

Author

Listed:
  • SANO Tomoki
  • NAGAMACHI Yuhei

Abstract

This study proposes an input-output analysis framework to quantify supply shock effects on production and employment. Recently we observe many cases where supply shocks in certain industries impact the entire economy, such as the supply bottlenecks caused by COVID-19. To take effective measures under policy resource constraints, it is crucial to understand the quantitative effects of supply shocks on each industry and the whole economy. To this end, we propose a framework and analyze the influence on GDP and employment of 2 scenarios: a reduction of the domestic production base by 10 %, and suspension of imports from certain countries. Such a methodology would allow us to quantify supply shock impacts, reflecting relevant characteristics of industries such as the degree of dependence on imports and interdependence with other industries.

Suggested Citation

  • SANO Tomoki & NAGAMACHI Yuhei, 2022. "An analysis framework for supply shock effects on production and employment (Japanese)," Policy Discussion Papers (Japanese) 22008, Research Institute of Economy, Trade and Industry (RIETI).
    • Handle: RePEc:eti:rpdpjp:22008
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/pdp/22p008.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:eti:rpdpjp:22008. 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: TANIMOTO, Toko (email available below). General contact details of provider: https://edirc.repec.org/data/rietijp.html .

    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.