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GTAP Resources: Resource Display

GTAP Resource #6895

"The Covid-response measures in Argentina: a CGE assessment over labor informality and gender-gaps"
by Ramos, Maria Priscila, Carlos Adrián Romero, Ana Sofía Rojo, Juan Ignacio Mercatante, Maria Laura Ojeda and Christoph Ernst


Abstract
The COVID-19 pandemic has left no country untouched, causing significant economic disruptions worldwide. To counteract the negative effects of pandemic lockdowns, governments have implemented various economic policies. Despite facing macroeconomic constraints, the Argentinian government swiftly launched several assistance policy packages categorized into three types: "Workers and Businesses," "Social Assistance," and "Sector Specific." To evaluate the effectiveness of these policies, this paper develops a recursive-dynamic CGE model that considers the structural characteristics of the Argentinian economy - labour market informality and gender gaps - and is calibrated using an informality and gender-aware Social Accounting Matrix for Argentina in 2018. This model allows performing an ex-post evaluation of the policy measures and estimating their long-term effects. The results indicate that the policy packages were successful in mitigating the pandemic's adverse effects. However, the financing mechanisms used to implement these policies, such as inflationary tax or wealth tax, result in a slower recovery of the economy after 2020.


Resource Details (Export Citation) GTAP Keywords
Category: 2023 Conference Paper
Status: Not published
By/In: Presented during the 26th Annual Conference on Global Economic Analysis (Bordeaux, France)
Date: 2023
Version: 1
Created: Ojeda, M. (4/13/2023)
Updated: Ojeda, M. (5/25/2023)
Visits: 261
- Model extension/development
- Other data bases and data issues
- Domestic policy analysis
- Economic crisis
- Economic growth
- Labor market issues
- South America


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