Table 2.
Tele-workability and Ex-post Measures of GDP and Employment Changes
| GDP (2019Q2-2020Q2 % change) | Employment (2019Q2-2020Q2 % change) | Work Hours (2019Q2-2020Q2 % change) | |
|---|---|---|---|
| a. Univariate | |||
| Tele-workability | 0.6 | 0.4*** | 0.2*** |
| (0.4) | (0.1) | (0.0) | |
| Constant | − 0.3*** | − 0.2*** | − 0.1*** |
| (0.1) | (0.0) | (0.0) | |
| b. Multivariate | |||
| Tele-workability | 0.1 | 0.2** | 0.04* |
| (0.6) | (0.1) | (0.002) | |
| log(GDP per capita) in 2019 | 0.05 | 0.1*** | 0.1*** |
| (0.0) | (0.0) | (0.0) | |
| Share of service occupations | 0.001 | 0.04 | 0.1*** |
| (0.0) | (0.0) | (0.0) | |
| Share of high-skilled workers | 0.001 | 0.001* | 0.0002 |
| (0.0) | 0.0 | (0.0) | |
| Economic support index | − 0.001 | 0.0002 | 0.0003 |
| (0.0) | (0.0) | (0.0) | |
| Constant | − 0.7* | − 1.7*** | − 1.6*** |
| (0.4) | (0.2) | (0.2) | |
| N | 35 | 549 | 525 |
Source: PIAAC survey; Dingel and Neiman (2020); IMF World Economic Outlook; ILO Labor Force Statistics; Oxford COVID-19 Government Response Tracker
Note: Robust standard errors are in parentheses. *** denotes significance at the 99% level, ** at the 95% level, and * at the 90% level