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The potential local and regional impacts of COVID-19 in New Zealand: with a focus on tourism

Author

Listed:
  • Laëtitia, Leroy de Morel

    (New Zealand Institute of Economic Research)

  • Glen, Wittwer

    (CoPS)

  • Christina, Leung

    (New Zealand Institute of Economic Research)

  • Dion, Gämperle

    (New Zealand Institute of Economic Research)

Abstract

We use our CGE model to assess the potential impacts of COVID-19 on the New Zealand economy and its regions. Our regional CGE model is used to run three scenarios (phases) based on the different alert levels (1-4) imposed by the New Zealand Government. For each phase, we mostly focus on restrictions applied to the entry and movements of people as well as on labour and capital temporarily rendered idle due to the isolation and social distancing measures. We do not explicitly model any fiscal response to showcase the base against which fiscal policies can be assessed.

Suggested Citation

  • Laëtitia, Leroy de Morel & Glen, Wittwer & Christina, Leung & Dion, Gämperle, 2020. "The potential local and regional impacts of COVID-19 in New Zealand: with a focus on tourism," NZIER Working Paper 2020/3, New Zealand Institute of Economic Research.
  • Handle: RePEc:ris:nzierw:2020_003
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    File URL: https://nzier.org.nz/publication/the-potential-local-and-regional-impacts-of-covid-19-in-new-zealand-with-a-focus-on-tourism-nzier-public-discussion-paper-20203
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    More about this item

    Keywords

    CGE modelling; COVID-19; Tourism: New Zealand economy;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • Z30 - Other Special Topics - - Tourism Economics - - - General

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