@article{Dogbe:334529,
      recid = {334529},
      author = {Dogbe, Wisdom},
      title = {An resilience analysis of the contraction of the  accommodation and food service on the Scottish food  industry},
      address = {2023-03},
      pages = {22},
      year = {2023},
      abstract = {The Scottish economy, such as the United Kingdom (UK)  economy, has been exposed to several adverse shocks over  the past 5 years. Examples of these are the effect of the  UK exiting the European Union (Brexit), the effects of the  COVID-19 pandemic and more recently the Russia-Ukraine war,  which can result in adverse direct and indirect economic  losses across various sectors of the economy. The purpose  of this paper is threefold: (1) to explore the degree of  resilience of the Scottish food and drinks sector, (2) to  estimate the effects on interconnected sectors of the  economy; and (3) to estimate the economic losses which is  the financial value associated with the reduction in  output. For this analysis, the study relied on the Dynamic  Inoperability Input-Output Model (DIIM). The results  indicate that the accommodation and food service sector was  the most affect by the covid-19 pandemic lockdown  contracting by about 60 per cent having a cascading effect  on the remaining 17 sectors of the economy. The Processed  and preserved fish, fruits and vegetable sector is the  least resilient whilst Preserved meat and meat products  sector is the most resilient to final demand disruption in  the accommodation and food service sector. The least  economically affected sector was the other food products  sector whilst the other services sector had the highest  economic loss. Despite the fact that the soft drinks sector  had a slow recovery rate, economic losses were lower  compared to the agricultural, fishery and forestry sector.  From the policy perspective, stakeholders in the  accommodation and food service sector should re-examine the  sector and develop capacity against future pandemics. In  addition, it is important for economic sectors to  collaborate either vertically or horizontally by sharing  information and risk to reduce the burden of future  disruptions. Finally, the most vulnerable sector of the  economy i.e. other services sector should form a major part  of government policy decision-making when planning against  future pandemics.},
      url = {http://ageconsearch.umn.edu/record/334529},
      doi = {https://doi.org/10.22004/ag.econ.334529},
}