Economic exposure to regional value chain disruptions: evidence from Wuhan’s lockdown in China
Kailan Tian,
Zhuoying Zhang,
Lingxiu Zhu,
Cuihong Yang,
Jianwu He and
Shantong Li
Regional Studies, 2023, vol. 57, issue 3, 525-536
Abstract:
Production fragmentation across multiple regions can result in a regional shock propagating along value chains to a wider array of regions. We propose a methodological framework to measure the economic exposure to regional value chain disruptions due to city lockdown during Covid-19. The exposure index is evaluated by applying a hypothetical extraction method to a regionally extended inter-country input–output framework incorporating China’s interregional input–output table. Our methodology can be adapted to conduct disaster impact analyses at city, state and country levels. It provides a tool for the immediate assessment of the economic risks of value chain disruptions, enabling quick policy responses.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:regstd:v:57:y:2023:i:3:p:525-536
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DOI: 10.1080/00343404.2022.2078802
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