| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14814 |
| DP14814 Closed for business | |
| Dion Bongaerts; Francesco Mazzola; Wolf Wagner | |
| 发表日期 | 2020-05-25 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We investigate the effectiveness of business shutdowns to contain the Covid-19 disease. In March 2020, Italy shut down operations in a number of sectors. Using a difference-in-difference approach, we find that municipalities with higher exposure to closed sectors experience subsequently lower mortality rates. We estimate the resulting life savings to exceed 12.000 people over less than a month. Using estimates of remaining life-years, this translates into monetary benefits of 12 billion Euros We also show that business shutdowns exhibit rapidly diminishing returns and have effects outside the closed sectors and in other municipalities. This suggests that effective containment policies require central coordination. |
| 主题 | Public Economics |
| 关键词 | Pandemic Covid-19 Business shutdown Coordination |
| URL | https://cepr.org/publications/dp14814 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543747 |
| 推荐引用方式 GB/T 7714 | Dion Bongaerts,Francesco Mazzola,Wolf Wagner. DP14814 Closed for business. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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