The impact of the Covid-19 pandemic on gross value added by economic sectors in the EU countries

Authors

DOI:

https://doi.org/10.60054/PEU.2021.8.111-118

Keywords:

COVID-19, gross value added, economic sectors, European Union

Abstract

The paper looks at the impact of the COVID-19 pandemic on gross value added (GVA) by economic sectors in the EU countries. The results obtained indicate the existence of certain specifics in terms of the impact of the pandemic on gross value added in relation to individual sectors of the economy, as well as in relation to individual Member States. In addition, peculiarities are observed in the manifestation of the effects of the pandemic on GVA across different economic sectors over time.

References

Georgieva, E., Velichkov, N., & Stefanova, K. (2021). European Studies: Current Economic Aspects. Minerva.

Adisson, T., Sen, K., & Tarp, F. (2020). COVID-19: Macroeconomic Dimensions in the Developing World (WIDER Working Paper, 2020/74).

Deb, P., et al. (2020). The Economic Effects of Covid-19 Containment Measures (IMF Working Paper, 158).

de Vet, J., et al. (2021). Impacts of the COVID-19 Pandemic on EU Industries (Publication for the Committee on Industry, Research and Energy, Policy Department for Economic, Scientific and Quality of Life Policies). European Parliament.

Eichenbaum, M., Rebelo, S., & Trabandt, M. (2020). The Macroeconomics of Epidemics (NBER Working Paper, 26882).

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Published

2021-12-31

Issue

Section

Part I: The Debate for the Future of Europe and the Call for More EU