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[12月25日] 计量金融与大数据分析workshop

发布日期:2020-12-22 09:13    来源:

Pandemic and Firm-Level Exports: Evidence from the 2003 SARS


时间:2020年12月25日(周五)10:00-11:30 am


主持人: (国发院)沈艳、黄卓、孙振庭、张俊妮、胡博




How does a pandemic affect economic activity at the local level? In this paper, we estimate the local effect of the 2003 SARS pandemic on firm-level exports. Compared to Covid-19, the 2003 SARS is less infectious but much more fatal. Therefore, the discovery of a SARS patient presumably could have caused a panic, thus disrupting the local economic activity. We combine the geocoded SARS patient data with the transaction-level custom data from 2001 to 2006, and estimate whether the discovery of a SARS patient reduced the export values of the firms in the local neighborhoods. We find that, compared to firms located between 5 and 10 km of the SARS hospital, the firms located with 5 km of the SARS hospital experienced a 10% relative decrease in export value after the hospital received a SARS patient.


尤炜,北京大学新结构经济学研究院助理教授。2017年毕业于美国加州大学圣地亚哥分校(University of California San Diego)获得经济学博士学位。于2017至2020年期间,担任纽约大学(New York University)费曼房地产和城市政策研究中心(Furman Center for Real Estate and Urban Policy)研究员(Research Fellow)。研究方向包括城市和区域经济学,发展经济学,以及经济史。