Literature DB >> 34149968

The comparison of economic impacts of COVID-19 between China and the United States.

Chengying He1,2, Yali Chang1,2, Yinghe Qing3, Jianwu Lin3,2.   

Abstract

The outbreak of the COVID-19 in 2020 has a severe impact on all countries. This paper first studies the impact of the epidemic on the macro-economy in China, which is one of the countries with early epidemic situation, in the rapid development stage of the epidemic situation, and the specific performance in macro-economy aspects. On this basis, study the development trend and macroeconomic performance of the United States as one of the most serious countries, and the relationship between the epidemic development and macro-economy in the United States. As for the differences in epidemic control measures between China and the US, China's indicators are significant in terms of sentiment factors, but the impact of COVID-19 on the sentiment factors in the US is different. The Chinese government has not adopted unlimited easing and maintained consistent policies. At present, the economic impact of COVID-19 on the US is far greater than that of China.
© 2021 The Author(s). Published by Elsevier B.V.

Entities:  

Keywords:  COVID-19; macro economy; non-sentiment factors; sentiment factors

Year:  2021        PMID: 34149968      PMCID: PMC8197401          DOI: 10.1016/j.procs.2021.04.067

Source DB:  PubMed          Journal:  Procedia Comput Sci


  3 in total

1.  Economic analysis of the use of facemasks during pandemic (H1N1) 2009.

Authors:  Samantha M Tracht; Sara Y Del Valle; Brian K Edwards
Journal:  J Theor Biol       Date:  2012-01-28       Impact factor: 2.691

2.  Disease and Development: Evidence from Hookworm Eradication in the American South.

Authors:  Hoyt Bleakley
Journal:  Q J Econ       Date:  2007

Review 3.  The economic burden of malaria.

Authors:  J L Gallup; J D Sachs
Journal:  Am J Trop Med Hyg       Date:  2001 Jan-Feb       Impact factor: 2.345

  3 in total

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