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Impact of Governmental Interventions on Epidemic Progression and Workplace Activity during the COVID-19 Outbreak

Author

Listed:
  • Sumit Kumar Ram

    (Department of Management, Technology, and Economics, ETH Zurich)

  • Didier Sornette

    (ETH Zürich - Department of Management, Technology, and Economics (D-MTEC); Swiss Finance Institute)

Abstract

In the first quarter of 2020, the COVID-19 pandemic brought the world to a state of paralysis. During this period, humanity has seen by far the largest organized travel restrictions and unprecedented efforts and global coordination to contain the spread of the SARS-CoV-2 virus. Using large-scale human mobility and fine-grained epidemic incidence data, we develop a framework to understand and quantify the effectiveness of the interventions implemented by various countries to control epidemic growth. Our analysis reveals the importance of timing and implementation of strategic policy in controlling the epidemic. Through our analysis, we also unearth significant spatial diffusion of the epidemic before and during the lock-down measures in several countries, casting doubt on the effectiveness or on the implementation quality of the proposed Governmental policies.

Suggested Citation

  • Sumit Kumar Ram & Didier Sornette, 2020. "Impact of Governmental Interventions on Epidemic Progression and Workplace Activity during the COVID-19 Outbreak," Swiss Finance Institute Research Paper Series 20-58, Swiss Finance Institute.
  • Handle: RePEc:chf:rpseri:rp2058
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    File URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3619202
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    Citations

    RePEc Biblio mentions

    As found on the RePEc Biblio, the curated bibliography for Economics:
    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Health > Distancing and Lockdown > Effect on Health

    More about this item

    Keywords

    COVID-19; Effective reproduction number; Governmental interventions; Human mobility;
    All these keywords.

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