IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

The Short-Term Impact of SARS on the Chinese Economy

Listed author(s):
  • Wen Hai

    (China Center for Economic Research Peking University 5 Yiheyuan Road Beijing 100871 China)

  • Zhong Zhao

    (China Center for Economic Research Peking University 5 Yiheyuan Road Beijing 100871 China)

  • Jian Wang

    (China Center for Economic Research Peking University 5 Yiheyuan Road Beijing 100871 China)

  • Zhen-Gang Hou

    (China Center for Economic Research 5 Yiheyuan Road Peking University Beijing 100871 China)

During the peak of the outbreak of severe acute respiratory syndrome (SARS), we conducted a survey in Beijing on 18 April 2003 to determine the economic impact of SARS, in particular its effects on several service sectors in China. The survey indicated that SARS had significant negative impacts on China's economy. The tourism sector was hit the hardest. We estimated that by the end of 2003, China's tourism revenue from foreigners would decrease by about 50-60 percent (amounting to about US$10.8 billion) compared with the tourism revenue in 2002 and revenue from domestic tourists would decrease by around 10 percent (amounting to about US$6.0 billion). Thus, we predicted that the total loss to China's tourism industry would be around US$16.8 billion by the end of 2003. We also concluded that SARS would cause, through a multiplier effect, a total loss of US$25.3 billion to China's economy and that the growth rate of China's GDP in 2003 would be 1-2 percentage points lower than it would have been if the SARS outbreak had not occurred. Copyright (c) 2004 Center for International Development and the Massachusetts Institute of Technology.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
File Function: link to full text
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by MIT Press in its journal Asian Economic Papers.

Volume (Year): 3 (2004)
Issue (Month): 1 ()
Pages: 57-61

in new window

Handle: RePEc:tpr:asiaec:v:3:y:2004:i:1:p:57-61
Contact details of provider: Web page:

Order Information: Web:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:tpr:asiaec:v:3:y:2004:i:1:p:57-61. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kristin Waites)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.