Using mobility measures to explain short-run economic performance during COVID’s first wave

People’s mobility behavior and self-correcting economic forces are shown to be key variables in explaining the observed contraction and recovery of the Bolivian economy during Covid’s first wave. ARMAX models are used to explain the growth rate of the monthly index of economic activity in terms of c...

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Autores:
Barja, Gover
Tipo de recurso:
Fecha de publicación:
2021
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
eng
OAI Identifier:
oai:repository.eafit.edu.co:10784/33388
Acceso en línea:
https://hdl.handle.net/10784/33388
Palabra clave:
ARMAX models
Google mobility
COVID-19 policies
Economic activity
Bolivia
Modelos ARMAX
Google movilidad
Políticas COVID-19
Bolivia
Actividad económica
Rights
License
Copyright © 2021 Gover Barja
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spelling Universidad Católica BolivianaBarja, Gover20212024-02-19T17:15:09Z20212024-02-19T17:15:09Z1657-42062462-8107https://hdl.handle.net/10784/3338810.17230/ecos.2021.53.1People’s mobility behavior and self-correcting economic forces are shown to be key variables in explaining the observed contraction and recovery of the Bolivian economy during Covid’s first wave. ARMAX models are used to explain the growth rate of the monthly index of economic activity in terms of changes in the rate of mobility measures produced by Google, which are argued to capture the complex interactive dynamics of Covid epidemiology, Covid policy and people’s own decisions to minimize health risks, however generating a trade-off with inevitable economic sacrifice, thus affecting aggregate economic activity.El comportamiento de la movilidad de las personas y las fuerzas económicas autocorrectivas demuestran ser variables claves a la hora de explicar la contracción y recuperación observadas en la economía boliviana durante la primera ola de la COVID-19. Se usaron modelos ARMAX para explicar la tasa de crecimiento del índice mensual de actividad económica en términos de los cambios en la tasa de medidas de movilidad generadas por Google, las cuales pretenden capturar el efecto de las dinámicas complejas de la epidemiología y las políticas de la COVID-19 en las decisiones de las personas al sopesar los riesgos para la salud con el inevitable sacrificio económico, afectando así a la actividad económica agregada.application/pdfUniversidad EAFIThttps://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/7106https://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/7106Copyright © 2021 Gover BarjaopenAccessLibre accesohttp://purl.org/coar/access_right/c_abf2Ecos de Economía, Vol. 25, Núm. 53, 2021Using mobility measures to explain short-run economic performance during COVID’s first waveLas medidas de movilidad como explicación de los resultados económicos a corto plazo durante la primera ola de la COVID-19articleinfo:eu-repo/semantics/articlepublishedVersioninfo:eu-repo/semantics/publishedVersionArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1ARMAX modelsGoogle mobilityCOVID-19 policiesEconomic activityBoliviaModelos ARMAXGoogle movilidadPolíticas COVID-19BoliviaActividad económicaEcos de Economía2553420engORIGINALusing-mobility-measures.pdfTexto completoapplication/pdf502753https://repository.eafit.edu.co/bitstreams/2a237c0d-9136-45c7-9887-37add7772701/downloadef8f7a9e38e2d451976b3742c2ba8f4fMD51THUMBNAILminaitura-ecos_Mesa de trabajo 1.jpgCarátulaimage/jpeg251248https://repository.eafit.edu.co/bitstreams/9f50f76f-f670-4321-93d4-5f8e01be1728/download9b15d674b076c1793a0bc25cebb1bcefMD5210784/33388oai:repository.eafit.edu.co:10784/333882024-02-20 18:18:31.122open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.eng.fl_str_mv Using mobility measures to explain short-run economic performance during COVID’s first wave
dc.title.spa.fl_str_mv Las medidas de movilidad como explicación de los resultados económicos a corto plazo durante la primera ola de la COVID-19
title Using mobility measures to explain short-run economic performance during COVID’s first wave
spellingShingle Using mobility measures to explain short-run economic performance during COVID’s first wave
ARMAX models
Google mobility
COVID-19 policies
Economic activity
Bolivia
Modelos ARMAX
Google movilidad
Políticas COVID-19
Bolivia
Actividad económica
title_short Using mobility measures to explain short-run economic performance during COVID’s first wave
title_full Using mobility measures to explain short-run economic performance during COVID’s first wave
title_fullStr Using mobility measures to explain short-run economic performance during COVID’s first wave
title_full_unstemmed Using mobility measures to explain short-run economic performance during COVID’s first wave
title_sort Using mobility measures to explain short-run economic performance during COVID’s first wave
dc.creator.fl_str_mv Barja, Gover
dc.contributor.author.spa.fl_str_mv Barja, Gover
dc.contributor.spa.fl_str_mv Universidad Católica Boliviana
dc.subject.keyword.eng.fl_str_mv ARMAX models
Google mobility
COVID-19 policies
Economic activity
Bolivia
topic ARMAX models
Google mobility
COVID-19 policies
Economic activity
Bolivia
Modelos ARMAX
Google movilidad
Políticas COVID-19
Bolivia
Actividad económica
dc.subject.keyword.spa.fl_str_mv Modelos ARMAX
Google movilidad
Políticas COVID-19
Bolivia
Actividad económica
description People’s mobility behavior and self-correcting economic forces are shown to be key variables in explaining the observed contraction and recovery of the Bolivian economy during Covid’s first wave. ARMAX models are used to explain the growth rate of the monthly index of economic activity in terms of changes in the rate of mobility measures produced by Google, which are argued to capture the complex interactive dynamics of Covid epidemiology, Covid policy and people’s own decisions to minimize health risks, however generating a trade-off with inevitable economic sacrifice, thus affecting aggregate economic activity.
publishDate 2021
dc.date.issued.none.fl_str_mv 2021
dc.date.available.none.fl_str_mv 2024-02-19T17:15:09Z
dc.date.accessioned.none.fl_str_mv 2024-02-19T17:15:09Z
dc.date.none.fl_str_mv 2021
dc.type.eng.fl_str_mv article
info:eu-repo/semantics/article
publishedVersion
info:eu-repo/semantics/publishedVersion
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http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.spa.spa.fl_str_mv Artículo
status_str publishedVersion
dc.identifier.issn.none.fl_str_mv 1657-4206
2462-8107
dc.identifier.uri.none.fl_str_mv https://hdl.handle.net/10784/33388
dc.identifier.doi.none.fl_str_mv 10.17230/ecos.2021.53.1
identifier_str_mv 1657-4206
2462-8107
10.17230/ecos.2021.53.1
url https://hdl.handle.net/10784/33388
dc.language.iso.fl_str_mv eng
language eng
dc.relation.isversionof.none.fl_str_mv https://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/7106
dc.relation.uri.none.fl_str_mv https://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/7106
dc.rights.eng.fl_str_mv Copyright © 2021 Gover Barja
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dc.rights.accessrights.eng.fl_str_mv openAccess
dc.rights.acceso.spa.fl_str_mv Libre acceso
rights_invalid_str_mv Copyright © 2021 Gover Barja
openAccess
Libre acceso
http://purl.org/coar/access_right/c_abf2
dc.format.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Universidad EAFIT
dc.source.spa.fl_str_mv Ecos de Economía, Vol. 25, Núm. 53, 2021
institution Universidad EAFIT
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