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Economic Impacts of SARS/MERS/COVID‐19 in Asian Countries

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  • Satoshi Tanaka

Abstract

This paper surveys the recent literature on the economic impacts of SARS, MERS, and COVID‐19, which Asian countries have experienced in the past two decades. In particular, we provide a detailed summary of how each of the past infectious diseases has impacted on the Asian economies and the extent of that impact. This paper also documents how the governments of Asian countries have responded to the COVID‐19 shocks with their economic policies, and discusses the effectiveness of these economic policies to mitigate the COVID‐19 shocks on their economies.

Suggested Citation

  • Satoshi Tanaka, 2022. "Economic Impacts of SARS/MERS/COVID‐19 in Asian Countries," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(1), pages 41-61, January.
    • Handle: RePEc:bla:asiapr:v:17:y:2022:i:1:p:41-61
    DOI: 10.1111/aepr.12363
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    2. Ling Jin & Jun Hyeok Choi & Saerona Kim & Kwanghee Cho, 2022. "Slack Resources, Corporate Performance, and COVID-19 Pandemic: Evidence from China," IJERPH, MDPI, vol. 19(21), pages 1-21, November.
    3. Xie, Yamin & Li, Yuanguang, 2024. "Technological progress, fiscal policy, and economic fluctuations in China: Evidence from the heterogeneous firm DSGE model during the COVID-19 pandemic," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 646-662.
    4. Mitsuhiro Fukao & Etsuro Shioji, 2022. "Is There a Trade‐Off between COVID‐19 Control and Economic Activity? Implications from the Phillips Curve Debate," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(1), pages 66-85, January.
    5. Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Haruko Noguchi & Shujiro Urata, 2022. "The COVID‐19 Pandemic and Asia: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(1), pages 1-17, January.
    6. Zhang, Ying & Jia, Jie & Wu, Chenyang & Zhou, Wei & Evangelinos, Konstantinos, 2024. "An investigation of the impact of intellectual capital on entrepreneurial performance: A moderated mediation analysis on global firms," Journal of International Management, Elsevier, vol. 30(5).
    7. Marcus Noland, 2022. "Comment on “Economic Impacts of SARS/MERS/COVID‐19 in Asian Countries”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(1), pages 64-65, January.

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