Sectoral Employment Dynamics in Australia and the Covid‐19 Pandemic

13 Pages Posted: 6 Oct 2020

See all articles by Heather M. Anderson

Heather M. Anderson

Monash University - Department of Economics

Giovanni Caggiano

Department of Economics, Monash University; University of Padova

Farshid Vahid

Monash University - Department of Econometrics and Business Statistics

Benjamin Wong

Monash University - Department of Econometrics & Business Statistics

Date Written: September 1, 2020

Abstract

We develop a multivariate time series model of employment in 19 sectors for Australia. We use this model to determine the long‐run effect of a 1% increase in economic activity in any chosen sector on aggregate employment. Our findings point to manufacturing and construction sectors as those that generate the largest positive spillovers for the aggregate economy. Moreover, we provide an interactive web‐based app that produces our model's forecasts based on any user‐specified scenario. As the restrictions associated with the COVID‐19 pandemic evolve, the sectoral employment multipliers together with these interactive tools will provide useful information for policymakers.

Suggested Citation

Anderson, Heather and Caggiano, Giovanni and Vahid, Farshid and Wong, Benjamin, Sectoral Employment Dynamics in Australia and the Covid‐19 Pandemic (September 1, 2020). Australian Economic Review, Vol. 53, Issue 3, pp. 402-414, 2020, Available at SSRN: https://ssrn.com/abstract=3703720 or http://dx.doi.org/10.1111/1467-8462.12390

Heather Anderson

Monash University - Department of Economics ( email )

Wellington Road
Clayton, Victoria 3
Australia

Giovanni Caggiano

Department of Economics, Monash University ( email )

900 Dandenong Road
Caulfield East, Victoria 3145
Australia

HOME PAGE: http://https://sites.google.com/site/giovannicaggiano72/CV/home

University of Padova ( email )

Via 8 Febbraio, 2
Padova, Vicenza 35122
Italy

Farshid Vahid (Contact Author)

Monash University - Department of Econometrics and Business Statistics ( email )

Wellington Road
Clayton, Victoria 3168
Australia
+61 3 9905 2359 (Phone)

Benjamin Wong

Monash University - Department of Econometrics & Business Statistics ( email )

Wellington Road
Clayton, Victoria 3168
Australia

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
0
Abstract Views
17
PlumX Metrics