This study examines the economic impacts of COVID-19-related school closures in the primary, secondary, and tertiary levels along with the implications to future labor productivity in Asia and the Pacific. School closures due to COVID-19 created substantial disruptions in education, and this will impact the skills of students and their productivity when they mature as professionals. This study examines medium- and long-term economic impacts of COVID-19-related school closures using the Global Trade Analysis Project or GTAP. It also evaluates the labor productivity effect per year of schooling loss due to the pandemic.
Most US states have export promotion programs, but it is unknown if these programs create long-term employment, which is often the policy’s stated goal. We merge administrative export promotion and employment data from Washington State to test the effect of firm-level export promotion on firm-level employment using the differences-in-differences estimator. We believe we are the first to have US state data at this level of detail. We find firm participation in an export assistance program increases firm-level employment fleetingly, but not in subsequent periods. Thus, we do not find a statistically significant impact to long-term employment from program participation.
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