O impacto da pandemia COVID-19 no PIB

: uma análise input output

Abstract

This study aims to estimate the economic impact caused by the COVID-19 pandemic crisis in Portugal for the year 2020. To determine the consequences of the impact of this disease and of the non-pharmaceutical measures that were put in place, the economic impact is analysed: i) by economic sector; ii) disaggregated in three macroeconomic indicators – Production, Gross Value Added (GVA) and Employment. As the methodology, the Input-Output Model was applied, which in a matrix allows to split the economy in the various economic sectors and analyse the existing interdependencies between them. Through this model, it was possible to identify a substantial reduction in production, in GVA and in employment, with special emphasis in restaurant and accommodation services, as well as retail activities.

Date of Award	14 Jul 2021
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Francisca Guedes de Oliveira (Supervisor)