KDI 경제정보센터

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.