Which Industries Are Economically Relevant to the System?

Abstract With the economic shutdown in the wake of the COVID-19 pandemic, the importance of some industries for the national economy has come into focus. This report identifies industries that are closely linked with the rest of the economy through supply chains; stopping production in these industr...

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Main Authors: Christian Schneemann, Enzo Weber, Marc Ingo Wolter, Gerd Zika
Format: Article
Language:deu
Published: Sciendo 2020-09-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-020-2739-7
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author Christian Schneemann
Enzo Weber
Marc Ingo Wolter
Gerd Zika
author_facet Christian Schneemann
Enzo Weber
Marc Ingo Wolter
Gerd Zika
author_sort Christian Schneemann
collection DOAJ
description Abstract With the economic shutdown in the wake of the COVID-19 pandemic, the importance of some industries for the national economy has come into focus. This report identifies industries that are closely linked with the rest of the economy through supply chains; stopping production in these industries would have a significant impact on the overall economy. On the one hand, there are industries in which production losses lead to massive demand losses in other industries. On the other hand, there are industries in which production downtimes lead to massive delivery difficulties for other industries. Beyond these interdependencies, we also account for negative effects stemming from the loss of income and from consumption or investment decisions.
format Article
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institution Kabale University
issn 0043-6275
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publishDate 2020-09-01
publisher Sciendo
record_format Article
series Wirtschaftsdienst
spelling doaj-art-509687ed39c7450989cdd9c58674ada72025-02-02T08:17:40ZdeuSciendoWirtschaftsdienst0043-62751613-978X2020-09-01100968769310.1007/s10273-020-2739-7Which Industries Are Economically Relevant to the System?Christian Schneemann0Enzo Weber1Marc Ingo Wolter2Gerd Zika3Forschungsbereich A1, Inst. f. Arbeitsmarkt- und BerufsforschungForschungsbereich A1, Inst. f. Arbeitsmarkt- und BerufsforschungBereich Wirtschaft und Soziales, Gesellschaft für Wirtschaftliche StrukturforschungForschungsbereich A2, Inst. f. Arbeitsmarkt- und BerufsforschungAbstract With the economic shutdown in the wake of the COVID-19 pandemic, the importance of some industries for the national economy has come into focus. This report identifies industries that are closely linked with the rest of the economy through supply chains; stopping production in these industries would have a significant impact on the overall economy. On the one hand, there are industries in which production losses lead to massive demand losses in other industries. On the other hand, there are industries in which production downtimes lead to massive delivery difficulties for other industries. Beyond these interdependencies, we also account for negative effects stemming from the loss of income and from consumption or investment decisions.https://doi.org/10.1007/s10273-020-2739-7
spellingShingle Christian Schneemann
Enzo Weber
Marc Ingo Wolter
Gerd Zika
Which Industries Are Economically Relevant to the System?
Wirtschaftsdienst
title Which Industries Are Economically Relevant to the System?
title_full Which Industries Are Economically Relevant to the System?
title_fullStr Which Industries Are Economically Relevant to the System?
title_full_unstemmed Which Industries Are Economically Relevant to the System?
title_short Which Industries Are Economically Relevant to the System?
title_sort which industries are economically relevant to the system
url https://doi.org/10.1007/s10273-020-2739-7
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