| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14849 |
| DP14849 Pandemics and Local Economic Growth: Evidence from the Great Influenza in Italy | |
| Mario Francesco Carillo; Tullio Jappelli | |
| 发表日期 | 2020-06-04 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We investigate the link between the 1918 Great Influenza and regional economic growth in Italy, a country in which the measures implemented by public authorities to contain the contagion were limited or ineffective. The pandemic caused about 600,000 deaths in Italy, a death rate of about 1.2%. We find evidence of a strong and significant adverse effect of the pandemic on regional growth. In particular, going from regions with the lowest mortality to those with the highest mortality is associated to a decline in per capita GDP growth of about 6.5%, which dissipated within three years. In line with this finding, we also estimate a small and transitory negative effect of the influenza on industrialization. Our estimates provide an upper bound of the adverse effect of pandemics on local economic growth in the absence of non-pharmaceutical public health interventions. |
| 主题 | Macroeconomics and Growth |
| 关键词 | Great influenza Regional growth Mortality and growth |
| URL | https://cepr.org/publications/dp14849 |
| 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/543784 |
| 推荐引用方式 GB/T 7714 | Mario Francesco Carillo,Tullio Jappelli. DP14849 Pandemics and Local Economic Growth: Evidence from the Great Influenza in Italy. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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