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Assessment of Possible Economic Consequences of the Coronavirus Epidemic

Christian Grimme, Robert Lehmann, Radek Šauer, Timo Wollmershäuser
ifo Institut, München, 2020

ifo Schnelldienst, 2020, 73, Nr. 03, 53-54

The coronavirus epidemic has been crippling much of China since January this year. If growth in China slows down by one percentage point this year as a result of the epidemic, this will dampen the rise in gross domestic product in Germany by 0.06 percentage points. However, there are some indications that the German economy could also be more severely affected.

Keywords: Epidemie, Infektionskrankheit, Wirtschaftlicher Schaden, Konjunktur, China, Deutschland
JEL Classification: I120

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ifo Institute, Munich, 2020