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Andhra Pradesh power sector with an annual turnover of about Rs. 40,000 Cr is one of the sectors severely affected due to imposition of lockdown. Power, a seasonally varying industry, records its maximum sales during the summer. This summer being affected by COVID-19, power sector income is...
Persistent link: https://www.econbiz.de/10013231153
Countries worldwide have implemented lockdown measures to contain the COVID-19 pandemic. After more than three months of restrictions to economic activities in many countries, the question has turned to the best ways to lift lockdowns while keeping the epidemic in check. Here I use basic...
Persistent link: https://www.econbiz.de/10012826065
Using high-frequency proxies for economic activity over a large sample of countries, we show that the economic crisis during the first seven months of the COVID-19 pandemic was only partly due to government lockdowns. Economic activity also contracted because of voluntary social distancing in...
Persistent link: https://www.econbiz.de/10013252205
Countries worldwide have implemented lockdown measures to contain the covid-19 pandemic. After more than three months of restrictions to economic activities in many countries, the question has turned to the best ways to lift lockdowns while keeping the epidemic in check. Here I use basic...
Persistent link: https://www.econbiz.de/10012257770
Viruses are a major threat to human health, and - given that they spread through social interactions - represent a costly externality. This paper addresses three main issues: i) what are the unintended consequences of economic activity on the spread of infections? ii) how efficient are measures...
Persistent link: https://www.econbiz.de/10011333557
Viruses are a major threat to human health, and - given that they spread through social interactions - represent a costly externality. This paper addresses three main issues: i) what are the unintended consequences of economic activity on the spread of infections? ii) how efficient are measures...
Persistent link: https://www.econbiz.de/10013015027
Using tools described in our earlier work (Hassan et al., 2019, 2020), we develop text-based measures of the costs, benefits, and risks listed firms in the US and over 80 other countries associate with the spread of Covid-19 and other epidemic diseases. We identify which firms expect to gain or...
Persistent link: https://www.econbiz.de/10012834902
Besides the biological and epidemiological factors, a multitude of social and economic criteria also govern the extent of the coronavirus disease spread within a population. Consequently, there is an active debate regarding the critical socio-economic determinants that contribute to the impact...
Persistent link: https://www.econbiz.de/10012836983
How does an epidemic affect individuals' expectations on economic prospects? Do people care more about containing the disease or sustaining normal economic activities during the epidemic? We implement an incentivized longitudinal online survey on economic expectations with randomized controlled...
Persistent link: https://www.econbiz.de/10012838382
This paper analyzes the impact of Globalization as one of the main reasons of the fast spread of Wuhan-COVID-2019 worldwide. We divided globalization into three large pillars how Globalization works worldwide followed by: (a.) the institutional, legal, and political approach of Globalization;...
Persistent link: https://www.econbiz.de/10012838788