Liu, Xuepeng; Ornelas, Emanuel; Shi, Huimin - 2021
, suggesting that the negative demand effects prevailed over the negative supply effects of the pandemic. On the other hand, Covid … offsetting countries’ own effects. The net effect of moving from the pre-pandemic situation to another where the main variables … significant heterogeneity. For example, the negative own effects of the pandemic vanish when we restrict the sample to medical …