时间：2020年12月25日（周五）10:00-11:30 am

地点：北京大学经济学院107教室

主讲人：尤炜，北京大学新结构经济学研究院助理教授

题目：大型流行病和企业出口:来自2003年SARS的证据

Pandemic and Firm-Level Exports: Evidence from the 2003 SARS

How does a pandemic affect economic activity at the local level? In this paper, we estimate the local effect of the 2003 SARS pandemic on firm-level exports. Compared to Covid-19, the 2003 SARS is less infectious but much more fatal. Therefore, the discovery of a SARS patient presumably could have caused a panic, thus disrupting the local economic activity. We combine the geocoded SARS patient data with the transaction-level custom data from 2001 to 2006, and estimate whether the discovery of a SARS patient reduced the export values of the firms in the local neighborhoods. We find that, compared to firms located between 5 and 10 km of the SARS hospital, the firms located with 5 km of the SARS hospital experienced a 10% relative decrease in export value after the hospital received a SARS patient.