主题:Lessons from the 2020 Covid Recession for Understanding Regional Resilience
主讲人:Mark Partridge (The Ohio State University)
主持人:史炜(BETVLCTOR伟德官网下载)
讲座时间:2021年12月9日(星期四) 上午9:00-10:30
会议工具:Zoom会议(会议号:202 948 8082 密码:211209),或点击以下链接加入
内容简介
The early responses to the Covid pandemic provide an excellent setting to assess local economic resilience. One reason is the 2020 pandemic recession differs from past recessions due to the immediate economic collapse. Another reason is that its effects were exacerbated by major disruptions in the workforce and supply-chains. Using county-level data, we identify the initial effects of the pandemic and accompanying state and local stay-at-home orders on a range of indicators including consumer spending, unemployment insurance claims, small business openings and revenue, and low-income employment and earnings. Drawing implications for local resilience, we discuss heterogeneity in these effects related to pre-pandemic county characteristics, including industry composition, small-firm employment, and educational attainment, and show differing impacts compared to prior recessions. For example, counties with larger leisure service employment shares—as opposed to manufacturing—were more adversely affected, but counties with higher shares of less-educated and young workers initially fared better, likely due to these workers being disproportionately employed in “essential” jobs. There are also ambiguous findings regarding the role of small businesses in contrast to the more favorable findings in the prior regional resilience literature.
主讲人简介
Mark Partridge is the C. William Swank Chair of Rural-Urban Policy at The Ohio State University and a Professor in the AED Economics Department. He is also an economic consultant at the Federal Reserve Bank of Chicago; Adjunct Professor at Jinan University, Guangzhou China; and Gran Sasso Science Institute, L’Aquila, Italy. Prior, he was the Canada Research Chair in the New Rural Economy at the University of Saskatchewan. Professor Partridge has published over 125 peer-reviewed journal papers. His work has been ranked number one in regional science and among the top-1000 economis.