Eppinger, Peter S.; Felbermayr, Gabriel; Krebs, Oliver; … - 2020
with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through … international trade and global value chains (GVCs). We find moderate welfare losses in most countries outside of China, while a few … the Covid-19 shock in China is reduced by 40% in the median country. In several other countries, the effects aremagnified …