Monthly Indicator of Economic Activity of Río Negro. An application to analyze the economic impact of COVID19
We estimate a monthly coincident index of regional economic activity for the Argentinean province of Río Negro from 2004 to 2020. We considered a set of series related to the economic cycle, assuming that there is a common unobservable factor that we estimate using dynamic factor models. The scarce...
Guardado en:
| Autor principal: | |
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| Formato: | Artículo revista |
| Lenguaje: | Español |
| Publicado: |
Centro Universitario Regional Zona Atlántica - Universidad Nacional del Comahue - Argentin
2022
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| Materias: | |
| Acceso en línea: | http://revele.uncoma.edu.ar/index.php/Sociales/article/view/4200 |
| Aporte de: |
| id |
I22-R128-article-4200 |
|---|---|
| record_format |
ojs |
| institution |
Universidad Nacional del Comahue |
| institution_str |
I-22 |
| repository_str |
R-128 |
| container_title_str |
Repositorio de Revistas Electrónicas REVELE (UNComahue) |
| language |
Español |
| format |
Artículo revista |
| topic |
Dynamic Factor Models Economic Cycle Regional Economies Modelos de Factores Dinámicos Ciclo Económico Economías Regionales |
| spellingShingle |
Dynamic Factor Models Economic Cycle Regional Economies Modelos de Factores Dinámicos Ciclo Económico Economías Regionales Malvicino, Facundo E. Monthly Indicator of Economic Activity of Río Negro. An application to analyze the economic impact of COVID19 |
| topic_facet |
Dynamic Factor Models Economic Cycle Regional Economies Modelos de Factores Dinámicos Ciclo Económico Economías Regionales |
| author |
Malvicino, Facundo E. |
| author_facet |
Malvicino, Facundo E. |
| author_sort |
Malvicino, Facundo E. |
| title |
Monthly Indicator of Economic Activity of Río Negro. An application to analyze the economic impact of COVID19 |
| title_short |
Monthly Indicator of Economic Activity of Río Negro. An application to analyze the economic impact of COVID19 |
| title_full |
Monthly Indicator of Economic Activity of Río Negro. An application to analyze the economic impact of COVID19 |
| title_fullStr |
Monthly Indicator of Economic Activity of Río Negro. An application to analyze the economic impact of COVID19 |
| title_full_unstemmed |
Monthly Indicator of Economic Activity of Río Negro. An application to analyze the economic impact of COVID19 |
| title_sort |
monthly indicator of economic activity of río negro. an application to analyze the economic impact of covid19 |
| description |
We estimate a monthly coincident index of regional economic activity for the Argentinean province of Río Negro from 2004 to 2020. We considered a set of series related to the economic cycle, assuming that there is a common unobservable factor that we estimate using dynamic factor models. The scarce and outdated official data for regional economic indexes justify this attempt, although it imposes another methodological problem related to the choice of a benchmark series. Despite the methodological issues, the estimated index reproduces the economic growth of Río Negro, and it allows analyzing the impact of exogenous shocks like COVID-19 on economic activity. The results confirm that the worst economic effect of the pandemic happened during the most stringent sanitary measures between March and April. In December of 2020, the recovery was not enough to reach the pre-pandemic levels of economic activity. |
| publisher |
Centro Universitario Regional Zona Atlántica - Universidad Nacional del Comahue - Argentin |
| publishDate |
2022 |
| url |
http://revele.uncoma.edu.ar/index.php/Sociales/article/view/4200 |
| work_keys_str_mv |
AT malvicinofacundoe monthlyindicatorofeconomicactivityofrionegroanapplicationtoanalyzetheeconomicimpactofcovid19 AT malvicinofacundoe indicadormensualdeactividadeconomicaderionegrounaaplicacionparaanalizarelimpactoeconomicodelcovid19 |
| first_indexed |
2022-08-19T20:23:55Z |
| last_indexed |
2022-08-19T20:23:55Z |
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Revistas |
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1764819789132333056 |