Potential spatial impacts of the war in Ukraine: A case study from Italy
Oecd
No 2022/08, OECD Local Economic and Employment Development (LEED) Papers from OECD Publishing
Abstract:
The impacts of the war in Ukraine will be felt severely within OECD economies, especially in border regions on the front-line of the humanitarian refugee crisis. The economic impacts, in particular those driven by rising energy prices, will also be spatially differentiated, affecting some regions more than others. Italy is no exception, with gas-intensive industries concentrated in northern regions, and wheat-based food and farming prevailing in southern regions and islands. While, overall, Russia accounted for a minor share of Italian exports, some regions and industries are more vulnerable than others to falls in bilateral trade, including destinations popular with high per-capita expenditure Russian tourists.
Keywords: commodities; employment; spatial analysis; tourism; trade (search for similar items in EconPapers)
JEL-codes: F16 F51 J43 O13 R11 R12 (search for similar items in EconPapers)
Date: 2022-07-06
New Economics Papers: this item is included in nep-cis, nep-ene, nep-geo, nep-int, nep-lma, nep-tra and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:oec:cfeaaa:2022/08-en
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