Literature DB >> 33647303

Spillover effects of the United States economic slowdown induced by COVID-19 pandemic on energy, economy, and environment in other countries.

Qiang Wang1, Xinyu Han2.   

Abstract

The United States has become the country hardest hit by the COVID-19 pandemic. This pandemic has not only led to the largest decline in economic output but also caused a sharp decline in carbon emissions and energy consumption in the United States after World War II. This study aims to evaluate how to spillover effects of the US economic slowdown caused by the COVID-19 pandemic on the 3E (Energy Economy Environment) in other countries. To this end, the international 3E for 2000 and 2014, and nine indicators based on network analysis to dynamically study the changes in the degree of 3E impact between countries. And then, we analyzed the impact of the epidemic on the 3E of various countries, with focusing on the interaction between the United States and other countries. The results show that the internal carbon emission density and internal energy consumption density of the United States declined during 2010-2014, whereas the internal carbon emission density and internal energy consumption density of developing countries increased. Next, changes in US carbon emissions induced by the epidemic have a more significant impact on Canada, China, Mexico, the European Union, and Russia. Finally, the internal and external carbon emission indexes of most countries have decreased, which indicates that most countries are affected by the carbon reduction and energy consumption caused by the pandemic in the US. This information provides a new perspective for assessing the impact of 3E between countries suffered from the COVID-19 Pandemic.
Copyright © 2021 Elsevier Inc. All rights reserved.

Entities:  

Keywords:  COVID-19; Carbon emission; Input-output analysis; Network analysis

Year:  2021        PMID: 33647303     DOI: 10.1016/j.envres.2021.110936

Source DB:  PubMed          Journal:  Environ Res        ISSN: 0013-9351            Impact factor:   6.498


  5 in total

1.  Global Financial Crisis, Smart Lockdown Strategies, and the COVID-19 Spillover Impacts: A Global Perspective Implications From Southeast Asia.

Authors:  Chunlei Wang; Dake Wang; Jaffar Abbas; Kaifeng Duan; Riaqa Mubeen
Journal:  Front Psychiatry       Date:  2021-09-03       Impact factor: 5.435

2.  COVID-19 lockdowns and air quality: Evidence from grey spatiotemporal forecasts.

Authors:  Mingyun Gao; Honglin Yang; Qinzi Xiao; Mark Goh
Journal:  Socioecon Plann Sci       Date:  2022-01-11       Impact factor: 4.641

3.  Reshaping the Healthcare Sector with Economic Policy Measures Based on COVID-19 Epidemic Severity: A Global Study.

Authors:  Timotej Jagrič; Dušan Fister; Vita Jagrič
Journal:  Healthcare (Basel)       Date:  2022-02-07

4.  Modeling economic losses and greenhouse gas emissions reduction during the COVID-19 pandemic: Past, present, and future scenarios for Italy.

Authors:  Dario Cottafava; Michele Gastaldo; Francesco Quatraro; Cristina Santhiá
Journal:  Econ Model       Date:  2022-03-01

5.  Correcting pandemic data analysis through environmental fluid dynamics.

Authors:  Talib Dbouk; Dimitris Drikakis
Journal:  Phys Fluids (1994)       Date:  2021-06-22       Impact factor: 3.521

  5 in total

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