| 000 -LEADER |
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| fixed length control field |
01713nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
220919b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Patnaik, Anuradha |
| 245 ## - TITLE STATEMENT |
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| Title |
Measuring demand and supply shocks from Covid-19: An industry-level analysis for India |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
Margin: The Journal of Applied Economic Research |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
16(1), Feb, 2022: p.76-105 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
The present article attempts to decompose the COVID-19-induced shock to output and inflation of the Indian economy at the aggregate and disaggregate levels into demand and supply shocks for the period March 2020 to June 2020, using a structural Bayesian VAR model following Baumeister and Hamilton (2015, 2019). The results of the empirical analysis reveal that while the negative supply shocks dominate at the aggregate and disaggregate levels, their magnitude varies across industries. Demand shocks to output were positive in some industries like the manufacture of food products (10), textiles (13), chemicals and chemical products (20), and electrical equipment (27), but were outweighed by the negative supply shocks. In response to the COVID-19 shock the government announced the three pronged Atmanirbhar Bharat Abhiyan (ABA), which is a blend of demand management, supply management and structural policies. It not only promises to address the short-term distress caused to the industries due to the COVID-19 shock but also attempts to make them self-reliant and resilient to such shocks in future. – Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Bayesian VAR, Inflation, Output gap, Demand shock, Supply shock. |
| 9 (RLIN) |
33221 |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Margin: The Journal of Applied Economic Research |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
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| Subject DIP |
DEMAND AND SUPPLY |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Item type |
Articles |
