Investigating the consequences of the emergence of the corona on the economic sectors of Iran

The coronavirus has become a global pandemic with many economic consequences and has affected all countries of the world, and it is expected that the global economy will face a significant recession in 2020. Meanwhile, Iran, like many countries involved, suffers from the economic consequences. The spread of coronavirus in Iran will also have a great impact on the domestic economy; According to economic experts in Iran, the story is a bit more complicated; on the supply side, the economy is facing downward pressure. However, without the corona, the Iranian economy was projected to record positive non-oil growth in 2019. The outbreak of the new coronavirus since the end of 2018 and its continuation in 2019, has put the Iranian economy in a state of recession with uncertainty (uncertainty). The decline in demand for Iranian exports (and the decline in global trade in general) affects aggregate demand from foreign trade. In the domestic sector, aggregate demand is affected both by the decline in household income and by the decline in some goods and services that lead to the spread of the virus (such as transportation, restaurants and hotels, clothing, etc.). On the other hand, the supply of the whole economy has been faced with a supply shock due to the disruption in the raw material supply network and the limited activity of some trade unions. Assessing the economic effects of the coronavirus outbreak on household livelihoods shows that although all income groups will be affected by the new situation, the lower deciles will be more vulnerable.