Economic impact of targeted government responses to COVID-19: Evidence from the large-scale cluster in Seoul

Economic impact of targeted government responses to COVID-19: Evidence from the large-scale cluster in Seoul

We estimate the economic impact of South Korea's targeted responses to the first large-scale COVID-19 cluster in Seoul. We find that foot traffic and retail sales decreased only within a 300 meter radius of the cluster and recovered to its pre-outbreak level after four weeks. The reductions app...

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Bibliographic Details
Main Authors: KIM, KOH, Kanghyock, SHIN, Jinwook
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2021
Subjects:
COVID-19
pandemic
information disclosure
risk avoidance
foot traffic
retail sales
cell phone signal data
card transaction data
Asian Studies
Behavioral Economics
Public Health
Online Access:https://ink.library.smu.edu.sg/soe_research/2442
https://ink.library.smu.edu.sg/context/soe_research/article/3441/viewcontent/dp13575.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2442
https://ink.library.smu.edu.sg/context/soe_research/article/3441/viewcontent/dp13575.pdf

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