The Impact of COVID-19 on the Household Economy of India.

IF 1 Q3 ECONOMICS

Indian Journal of Labour Economics Pub Date : 2021-01-01 Epub Date: 2021-11-17 DOI:10.1007/s41027-021-00352-8

Bino Paul, Unmesh Patnaik, Kamal Kumar Murari, Santosh Kumar Sahu, T Muralidharan

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引用次数: 1

Abstract

COVID-19 has disrupted the Indian economy. Government-enforced lockdown to restrict the spread of infection has impacted the household economy in particular. We combine aggregates from national income accounts and estimates from the microdata of a labour force survey covering more than 0.1 million households and 0.4 million individuals. The aggregate daily loss to households is USD 2.42 billion. While loss to earnings accounts for 72% of the total, the rest 28% is wage loss. Service-based activities account for two thirds of wage loss, and natural resource-based activities are responsible for most of the earning loss. The dominance of informal job contracts and job switching in labour markets intensifies this, with the most vulnerable group consisting of 57.8 million in casual engagement, who have a high degree of transition from one stream of employment to another on a daily basis.

Supplementary information: The online version contains supplementary material available at 10.1007/s41027-021-00352-8.

查看原文本刊更多论文

COVID-19对印度家庭经济的影响。

新冠肺炎疫情扰乱了印度经济。政府为限制感染传播而强制实施的封锁对家庭经济的影响尤为严重。我们结合了国民收入账户的汇总数据和劳动力调查的微观数据估计，该调查涵盖了10万多户家庭和40万个人。家庭每天的总损失为24.2亿美元。收入损失占总损失的72%，剩下的28%是工资损失。以服务为基础的活动造成了三分之二的工资损失，而以自然资源为基础的活动造成了大部分收入损失。非正式工作合同和工作转换在劳动力市场上占主导地位加剧了这种情况，最脆弱的群体包括5,780万人的临时就业，他们每天从一种就业流高度过渡到另一种就业流。补充信息:在线版本包含补充资料，获取地址:10.1007/s41027-021-00352-8。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Indian Journal of Labour Economics Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

3.20

自引率

6.70%

发文量

期刊介绍： Indian Journal of Labour Economics (IJLE) is one of the few prominent Journals of its kind from South Asia. It provides eminent economists and academicians an exclusive forum for an analysis and understanding of issues pertaining to labour economics, industrial relations including supply and demand of labour services, personnel economics, distribution of income, unions and collective bargaining, applied and policy issues in labour economics, and labour markets and demographics. The journal includes peer reviewed articles, research notes, sections on promising new theoretical developments, comparative labour market policies or subjects that have the attention of labour economists and labour market students in general, particularly in the context of India and other developing countries.