investigates the effect of macroeconomic linkages on international shock transmissions in selected East Asian countries. Global … effects in the same way. On the other hand, result from the dynamic analysis, shows that China contributes highest shock … transmission in the real sector, whereas US is the highest in the equity market. For the exchange rate; within-regional shock …

shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined … networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral … of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 …