TD NEREUS 01-2020
Eduardo A. Haddad, Fernando S. Perobelli and Inácio F. Araújo
This technical note describes in details the methodology developed for assessing the daily economic costs of control strategies for mitigating the effects of COVID-19. It is based on the partial hypothetical extraction approach to input-output systems. This methodology is being currently applied to inform regional and national governments in Brazil and Colombia on the potential regional and sectoral economic costs of different strategies of lockdown measures. Simulated scenarios based on different durations and intensities of the control measures are also being used to help designing sectoral and territorial-based policies to ease lockdown against the coronavirus outbreak after reaching a downward trend in the growth rate of new infections.