COVID-19 Sector Vulnerability Assessment Indices and Criteria Cover Image

Индекси и критерии за оценка на секторната уязвимост от КОВИД-19
COVID-19 Sector Vulnerability Assessment Indices and Criteria

Author(s): Stoyan Shalamanov
Subject(s): Economy, Supranational / Global Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: COVID-19; Pandemic; Non-Financial Sector; Sectoral Vulnerability; Lockdown
Summary/Abstract: What is specific about the COVID-19 pandemic is that it is an exogenous factor of economic growth. The specificity of addressing the health consequences of the virus requires imposing restrictions mainly on the mobility and social life of people. On the one hand, there are not purely economic and financial factors for the crisis, on the other hand, addressing the health aspect of the crisis concerns some sectors differently if compared to others. And some sectors, such as health, land transport and construction, even turn out to be favored, their growth is stimulated both by the created situation with COVID-19 and the support that is not precisely targeted according to the needs of the sectors. If the COVID-19 crisis lasts longer, it would be useful for economic policy to identify the most vulnerable sectors to make support more targeted, rather than supporting sectors and businesses that do not need support, which only creates inflation. The purpose of the present study is to identify a set of criteria used in the scientific literature around the world for assessing sectoral vulnerability to lockdowns, including the assessment of sectoral vulnerability to automation, percentage of self-employed in the sectors, Stringency index, Lockdown index, Home-office index, Teamwork, and Customer-facing.

  • Page Range: 123-133
  • Page Count: 11
  • Publication Year: 2022
  • Language: Bulgarian