所属栏目:新金融/金融科技/2023/2023年第01期目录

The Value of Big Data in a Pandemic
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发布日期:2022年05月13日 上次修订日期:2022年05月13日

摘要

Although big data technologies such as digital contact tracing and health certification apps have been widely used to combat the COVID-19 pandemic, little empirical evidence regarding their effectiveness is available. This paper studies the economic and public health effects of the "Health Code" app in China. By exploiting the staggered implementation of this technology across 322 Chinese cities, I find that this big data technology significantly reduced virus transmission and facilitated economic recovery during the pandemic. A macroeconomic Susceptible-Infectious-Recovered (SIR) model calibrated to the micro-level estimates shows that the technology reduced the economic loss by 0.5% of GDP and saved more than 200,000 lives by alleviating informational frictions during the COVID-19 outbreak.
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Kairong Xiao The Value of Big Data in a Pandemic (2022年05月13日) https://www.cfrn.com.cn/dzqk/detail/14806

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