Ricerc@Sapienza

The research illustrates the indirect effects of Covid-19 pandemic on the Italian production system. During the lockdown, many Italian institutions have carried out forecasts which have led to estimates of a negative impact of Covid-19 on annual GDP between 5 and 10%. The average impact on annual GDP, however, is the result of heterogeneous shocks affecting most sectors of economic activity. Laying on the evidence collected, policy recommendations are elaborated to manage the social and economic consequences of Covid-19 in Italy.