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Modelling the Impact of the Coronavirus Pandemic on the UK economy

  • Funded by UK Research and Innovation (UKRI)
  • Total publications:0 publications

Grant number: ES/V003844/1

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Key facts

  • Disease

    COVID-19

  • Start & end year

    N/A

  • Known Financial Commitments (USD)

    $81,362.37

  • Funder

    UK Research and Innovation (UKRI)

  • Principal Investigator

    Garry Young

  • Research Location

    United Kingdom

  • Lead Research Institution

    National Institute of Economic and Social Research

  • Research Priority Alignment

    N/A

  • Research Category

    Secondary impacts of disease, response & control measures

  • Research Subcategory

    Economic impacts

  • Special Interest Tags

    N/A

  • Study Type

    Non-Clinical

  • Clinical Trial Details

    N/A

  • Broad Policy Alignment

    Pending

  • Age Group

    Not Applicable

  • Vulnerable Population

    Not applicable

  • Occupations of Interest

    Not applicable

Abstract

This proposed project seeks to use and develop NIESR's modelling capability to estimate the short term impact of the coronavirus pandemic on the UK economy, and to assess longer-term issues on how the economic recovery is affected by different policy measures. An aim of this project would be to use the experience of modelling the coronavirus pandemic to establish a dynamic sectoral model of the UK economy that can be used in the analysis of supply-side policy issues. The model will be disseminated through the National Institute's NiGEM software package, which is widely used by UK and international policy makers.