Regional input–output analysis and modeling constitutes a vital framework for analysing the complex economic interrelationships between sectors and geographical areas. By utilising matrices that ...
In the spring of 2020 various activities were restricted under Covid-19 and consumers were forced to change their behavior. Although no region was free of infection, the spread in infection differed ...
Recent studies (e.g., Acemoglu et al. (2012)) argue that microeconomic shocks propagate through input-output linkages and result in aggregate fluctuations. This paper challenges this view by ...