The Economic Effects of COVID-19 Containment Measures
The Economic Effects of COVID-19 Containment Measures
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DOI：
10.1007/s11079-021-09638-2
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发表时间：
2021-12-14
影响因子：
1.2
通讯作者：
Tawk N
中科院分区：
文献类型：
--
作者：
Deb P;Furceri D;Ostry JD;Tawk N
本报告使用每日全球数据，包括疫情控制措施、感染情况和经济活动指标，如二氧化氮（排放量）、国际和国内航班、能源消耗、海上贸易和流动性指数，分析COVID-19疫情控制措施的经济影响。结果表明，遏制措施对经济活动产生了重大影响，相当于实施后30天内工业生产损失约10%。放松遏制措施会增加经济活动，但其效果（绝对值）低于紧缩措施。为缓解危机而采取的财政措施有效地部分抵消了这些成本。我们还发现，关闭学校和取消公共活动是遏制感染的最有效措施之一，而且经济成本较低。从经济角度来看，关闭工作场所和国际旅行限制等其他高效措施都是成本最高的措施之一。
This paper examines the economic effects of COVID-19 containment measures using daily global data on containment measures, infections, and economic activity indicators, such as Nitrogen Dioxide ( emissions, international and domestic flights, energy consumption, maritime trade, and mobility indices. Results suggest that containment measures had a significant impact on economic activity—equivalent to about a 10 percent loss in industrial production over 30 days following their implementation. Easing of containment measures results in an increase in economic activity, but the effect is lower (in absolute value) to that of tightening. Fiscal measures used to mitigate the crisis were effective in partly offsetting these costs. We also find that school closures and cancellation of public events are among the most effective measures in curbing infections and are associated with low economic costs. Other highly effective measures like workplace closures and international travel restrictions are among the costliest in economic terms.
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DOI：
10.1257/aer.101.3.194
发表时间：
2011-05
期刊：
The American economic review
影响因子：
--
作者：
Henderson JV;Storeygard A;Weil DN
通讯作者：
Weil DN
影响因子：
10.7
作者：
Jordà, O
通讯作者：
Jordà, O
影响因子：
11.2
作者：
Kumar, Sandeep;Muhuri, Pranab K.
通讯作者：
Muhuri, Pranab K.
影响因子：
10.7
作者：
Auerbach, Alan J.;Gorodnichenko, Yuriy
通讯作者：
Gorodnichenko, Yuriy
影响因子：
1.3
作者：
Aspri A;Beretta E;Gandolfi A;Wasmer E
通讯作者：
Wasmer E