The Chinese University of Hong Kong-Tsinghua University Joint Research Center for Chinese Economy 清華大學-香港中文大學中國經濟聯合研究中心 - COVID-19 Thematic Report No.1: Preliminary Estimates of Economic Effect of Lockdown in China The Chinese University of Hong Kong-Tsinghua University <br/>Joint Research Center for Chinese Economy 清華大學-香港中文大學中國經濟聯合研究中心
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COVID-19 Thematic Report No.1: Preliminary Estimates of Economic Effect of Lockdown in China
Zhiguo He, Chang-Tai Hsieh, Zheng (Michael) Song

On January 23, the Chinese government locked down the city of Wuhan (Hubei Province).  In subsequent days, similar measures were taken in other cities in Hubei and throughout China.  This note offers some preliminary gauge on the effect of the measures taken to protect public health on economic activity in China.   We will make use of three sources of data.  First, there already is some official data on industrial output.  Second, we make use of data on trucking flows to measure the flow of goods across China.  Third, we use data from Baidu to estimate the effect on services and worker movements within China.

973
0030
COVID-19 Thematic Report No.1: Preliminary Estimates of Economic Effect of Lockdown in China
Zhiguo He, Chang-Tai Hsieh, Zheng (Michael) Song

On January 23, the Chinese government locked down the city of Wuhan (Hubei Province).  In subsequent days, similar measures were taken in other cities in Hubei and throughout China.  This note offers some preliminary gauge on the effect of the measures taken to protect public health on economic activity in China.   We will make use of three sources of data.  First, there already is some official data on industrial output.  Second, we make use of data on trucking flows to measure the flow of goods across China.  Third, we use data from Baidu to estimate the effect on services and worker movements within China.

973