Prioritizing Economic Sectors for Post-Pandemic Recovery:
Examining National and Provincial Scales in Indonesia
- https://doi.org/10.2991/aer.k.211129.041How to use a DOI?
- covid-19; pandemic; economy; economic impact assessment; supply chain; vulnerability index
The Covid-19 pandemic has resulted in not only health crisis but also economic shocks. It is essential to develop flexible economic models which evaluate the impact of pandemics on different economic sectors. Such assessments are fundamental to inform and to tailor the responses of governments and stakeholders to reduce the adverse impact on the economy during and post-pandemic. In light of this, an overall vulnerability index that takes into account four components namely economic impact, diversity of reach, sector size and income, is developed on the basis of input-output foundations for sectoral prioritization. A comparative assessment between identified key priority sectors is done between the country scale and the regional level. The Indonesian economy as a whole and the province of East Nusa Tenggara (NTT), Indonesia are examined to demonstrate the capabilities of the model. A sensitivity analysis is then implemented to evaluate the possible weighting scenarios of index value and its ranking. The results indicate that the process industry is the most vulnerable sector for the whole country while the service sector has the highest impact for NTT. Finally, policy implications are presented to support government in the development of proper strategies to reduce economic losses during and post-pandemic.
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Adrianus Amheka AU - Kathleen Aviso AU - Vincent Dacanay AU - Hoa Thi Nguyen AU - Krista Yu PY - 2021 DA - 2021/11/30 TI - Prioritizing Economic Sectors for Post-Pandemic Recovery: BT - Proceedings of the International Conference on Innovation in Science and Technology (ICIST 2020) PB - Atlantis Press SP - 183 EP - 189 SN - 2352-5401 UR - https://doi.org/10.2991/aer.k.211129.041 DO - https://doi.org/10.2991/aer.k.211129.041 ID - Amheka2021 ER -