| Property | Value |
|---|
|
?:abstract
|
-
This paper demonstrates the use of a linear Input-Output (IO) model to estimate the economic losses in India due to COVID-19 The results show that depending on the duration of the lockdown, the Indian economy is likely to face a loss of about 10–31% of its GDP This method can be applied to assess economic losses for other regions also The paper also discusses the impacts of COVID-19 on the demand and supply of electricity and CO2 emissions from the power sector The results show that daily supply from coal-based power plants has reduced by 26% during the lockdown resulting in a possible emissions reduction of about 15–65 MtCO2 depending on the lockdown duration The cost of avoided carbon is approximately 186–264 $/tCO2, much higher than the $7–12/tCO2 currently being paid by consumers in India indicating the difficulty of achieving emissions reductions through restructuring economic activity as often advocated
|
|
is
?:annotates
of
|
|
|
?:creator
|
|
|
?:journal
|
|
|
?:license
|
|
|
?:publication_isRelatedTo_Disease
|
|
|
is
?:relation_isRelatedTo_publication
of
|
|
|
?:source
|
|
|
?:title
|
-
The COVID-19 lockdown in India: Impacts on the economy and the power sector
|
|
?:type
|
|
|
?:who_covidence_id
|
|
|
?:year
|
|
![[This page as RDF]](https://research.tib.eu/covid-19/static/rdf-icon.gif){kind=icon}