ArticleJournal of applied econometrics (Chichester, England)
Economic impact of the most drastic lockdown during COVID-19 pandemic-The experience of Hubei, China.
Article in Journal of applied econometrics (Chichester, England). The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 15 papers.
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Who cites it
15 citing papers in PubMed, 68 citations in OpenAlex.
- Estimating endogenous treatments effects under long-range dependency without untreated controls.PloS one · 2026Article
- Estimating time-dependent contact: a multi-strain epidemiological model of SARS-CoV-2 on the island of Ireland.Global epidemiology · 2023Article
- The Early 2020 COVID-19 Outbreak in China and Subsequent Flourishing: Medium-Term Effects and Intervening Mechanisms.Society and mental health · 2023Article
- Redefining Cancer Research Priorities in Low- and Middle-Income Countries in the Post-COVID-19 Global Context: A Modified Delphi Consensus Process.JCO global oncology · 2023Article
- Understanding the role of mask-wearing during COVID-19 on the island of Ireland.Royal Society open science · 2023Article
- Forecasting for regulatory credit loss derived from the COVID-19 pandemic: A machine learning approach.Research in international business and finance · 2023Article
- The influence of job search stress on college students' addictive social media use: Seeking of social support and perceived social support as serial mediators and sense of coherence as a moderator.Frontiers in psychology · 2023Article
- Effects of incentive-based population policies on sustainability of China's recent maternity insurance system reform: a system dynamics simulation.Health research policy and systems · 2022Article
- A COVID-19 model incorporating variants, vaccination, waning immunity, and population behavior.Scientific reports · 2022Article
- The effectiveness and costs of nonpharmaceutical interventions for COVID-19 containment: A border discontinuous difference-in-difference approach.China economic review · 2022Article
- Article
- Modeling the resumption of work and production of enterprises during COVID-19: An SIR-based quantitative framework.Frontiers in public health · 2022Article
- Has COVID-19 Changed China's Digital Trade?-Implications for Health Economics.Frontiers in public health · 2022Article
- Intolerance of uncertainty and future career anxiety among Chinese undergraduate students during COVID-19 period: Fear of COVID-19 and depression as mediators.Frontiers in public health · 2022Article
- Economic impact of the most drastic lockdown during COVID-19 pandemic-The experience of Hubei, China.Journal of applied econometrics (Chichester, England)Article
Corrections and comments
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Authors and funding
2 authors at 2 institutions in 2 countries.
Funding
No grant is acknowledged in the PubMed record.
Abstract
This paper uses a panel data approach to assess the evolution of economic consequences of the drastic lockdown policy in the epicenter of COVID-19-the Hubei Province of China during worldwide curbs on economic activity. We find that the drastic 76-day COVID-19 lockdown policy brought huge negative impacts on Hubei's economy. In 2020:q1, the lockdown quarter, the treatment effect on GDP was about 37% of the counterfactual. However, the drastic lockdown also brought the spread of COVID-19 under control in little more than two months. After the government lifted the lockdown in early April, the economy quickly recovered with the exception of passenger transportation sector which rebounded not as quickly as the rest of the general economy.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.