Evaluating the initial impact of COVID-19 containment measures on economic activity


This note is produced by the OECD Economics Department. It provides illustrative estimates of the initial direct impact on output and spending from the widespread measures taken by governments to contain the current coronavirus epidemic shutdowns, based on an analysis of sectoral output and consumption patterns across countries. This paper is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and the arguments employed herein do not necessarily reflect the official views of OECD member countries.