Effects of the Coronavirus on the Chinese Economy
Abstract
The coronavirus is an emerging and intensifying threat to the Chinese economy. This research works to quantify the effects of the coronavirus on the Chinese economy due to the loss of the Chinese labor supply as well as negative trade shocks (shown through the stimulation of a negative productivity shock), with the time frame being from now into the long term future. Different sources on how pandemics have affected other economies in the past will be used to inform the research. These articles circle around the similar theme of the effects of pandemics on national and global economies. The Mankiw Romer Wiel model is being used and variables studied include: output, output per effective worker, capital and capital per effective worker.
Primary Faculty Mentor Name
Nathalie Bolh
Status
Undergraduate
Student College
College of Arts and Sciences
Program/Major
Economics
Primary Research Category
Social Sciences
Effects of the Coronavirus on the Chinese Economy
The coronavirus is an emerging and intensifying threat to the Chinese economy. This research works to quantify the effects of the coronavirus on the Chinese economy due to the loss of the Chinese labor supply as well as negative trade shocks (shown through the stimulation of a negative productivity shock), with the time frame being from now into the long term future. Different sources on how pandemics have affected other economies in the past will be used to inform the research. These articles circle around the similar theme of the effects of pandemics on national and global economies. The Mankiw Romer Wiel model is being used and variables studied include: output, output per effective worker, capital and capital per effective worker.