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. 2021 Mar 7;103(5):1595–1611. doi: 10.1111/ajae.12212

Figure 3.

Figure 3

Fiscal response by country, share of GDP used for fiscal stimulus Note: This figure illustrates fiscal stimulus across regions in 2020 in response to COVID‐19. The values are used as exogenous shocks in the CGE model to simulate region‐specific government spending in 2020. Source: IMF (2020)