The economic impact of workforce disruptions on the output during Covid-19 pandemic
This paper examines the economic impact of workforce disruptions on the output, final demand and Gross Domestic Product by applying an extended input-output (I-O) model. In the extended I-O model, workforce disruptions are measured and modelled in two perspectives: loss of employment (LOE) and inter...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
2022
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| Online Access: | http://journalarticle.ukm.my/21352/ http://journalarticle.ukm.my/21352/1/The%20Economic%20Impact%20of%20Workforce%20Disruptions%20on%20the%20Output%20during%20COVID-19.pdf |
| _version_ | 1848815333224218624 |
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| author | Heizlyn Amyneina Hamzah, Mohd Yusof Saari, Muhammad Daaniyall Abd Rahman, Chakrin Utit, |
| author_facet | Heizlyn Amyneina Hamzah, Mohd Yusof Saari, Muhammad Daaniyall Abd Rahman, Chakrin Utit, |
| author_sort | Heizlyn Amyneina Hamzah, |
| building | UKM Institutional Repository |
| collection | Online Access |
| description | This paper examines the economic impact of workforce disruptions on the output, final demand and Gross Domestic Product by applying an extended input-output (I-O) model. In the extended I-O model, workforce disruptions are measured and modelled in two perspectives: loss of employment (LOE) and inter-industry disruptions that limit the number of workers in the production. Results show that the inter-industry disruption / supply shock is likely to give a tremendous impact compared to the LOE. Moreover, the level of economic impact is also influenced by the level of economic integration among sectors. In this regard, the more integrated a sector with the high-risk sectors, the more impacted the sector is. In conclusion, the results suggest the need for balancing the economic and health risks to ensure that the welfare of people is protected. |
| first_indexed | 2025-11-15T00:48:19Z |
| format | Article |
| id | oai:generic.eprints.org:21352 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:48:19Z |
| publishDate | 2022 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:213522023-03-17T08:13:47Z http://journalarticle.ukm.my/21352/ The economic impact of workforce disruptions on the output during Covid-19 pandemic Heizlyn Amyneina Hamzah, Mohd Yusof Saari, Muhammad Daaniyall Abd Rahman, Chakrin Utit, This paper examines the economic impact of workforce disruptions on the output, final demand and Gross Domestic Product by applying an extended input-output (I-O) model. In the extended I-O model, workforce disruptions are measured and modelled in two perspectives: loss of employment (LOE) and inter-industry disruptions that limit the number of workers in the production. Results show that the inter-industry disruption / supply shock is likely to give a tremendous impact compared to the LOE. Moreover, the level of economic impact is also influenced by the level of economic integration among sectors. In this regard, the more integrated a sector with the high-risk sectors, the more impacted the sector is. In conclusion, the results suggest the need for balancing the economic and health risks to ensure that the welfare of people is protected. Penerbit Universiti Kebangsaan Malaysia 2022 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/21352/1/The%20Economic%20Impact%20of%20Workforce%20Disruptions%20on%20the%20Output%20during%20COVID-19.pdf Heizlyn Amyneina Hamzah, and Mohd Yusof Saari, and Muhammad Daaniyall Abd Rahman, and Chakrin Utit, (2022) The economic impact of workforce disruptions on the output during Covid-19 pandemic. Jurnal Ekonomi Malaysia, 56 (2). pp. 65-75. ISSN 0127-1962 https://ejournals.ukm.my/jem/ |
| spellingShingle | Heizlyn Amyneina Hamzah, Mohd Yusof Saari, Muhammad Daaniyall Abd Rahman, Chakrin Utit, The economic impact of workforce disruptions on the output during Covid-19 pandemic |
| title | The economic impact of workforce disruptions on the output during Covid-19 pandemic |
| title_full | The economic impact of workforce disruptions on the output during Covid-19 pandemic |
| title_fullStr | The economic impact of workforce disruptions on the output during Covid-19 pandemic |
| title_full_unstemmed | The economic impact of workforce disruptions on the output during Covid-19 pandemic |
| title_short | The economic impact of workforce disruptions on the output during Covid-19 pandemic |
| title_sort | economic impact of workforce disruptions on the output during covid-19 pandemic |
| url | http://journalarticle.ukm.my/21352/ http://journalarticle.ukm.my/21352/ http://journalarticle.ukm.my/21352/1/The%20Economic%20Impact%20of%20Workforce%20Disruptions%20on%20the%20Output%20during%20COVID-19.pdf |