2004
DOI: 10.1162/1535351041747905
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The Short-Term Impact of SARS on the Chinese Economy

Abstract: 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) compar… Show more

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Cited by 139 publications
(103 citation statements)
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“…China's economic loss from this epidemic was estimated at $25·3 billion, slowing down GDP growth by 1-2% in 2003. 16,22 China was also widely criticised for concealing information and failing to comply with international health regulations. The importance of health security to China seemed to be confirmed when it signed two MoUs with WHO in 2017 on strengthening the international health regulation, especially on the Silk Road.…”
Section: China's Belt and Road Initiativementioning
confidence: 99%
“…China's economic loss from this epidemic was estimated at $25·3 billion, slowing down GDP growth by 1-2% in 2003. 16,22 China was also widely criticised for concealing information and failing to comply with international health regulations. The importance of health security to China seemed to be confirmed when it signed two MoUs with WHO in 2017 on strengthening the international health regulation, especially on the Silk Road.…”
Section: China's Belt and Road Initiativementioning
confidence: 99%
“…The outbreak is estimated to have resulted in a total loss of US$25·3 billion to China's economy and a 1-2% drop in China's gross domestic product growth rate for 2003. 40 Although the circulating H5N1 avian infl uenza virus does not transmit well from person to person, it could undergo genetic change that would aff ect transmissibility, or another infl uenza virus with pandemic potential could emerge. 41 Because of the potential for quick national and international spread of emerging infectious diseases, rapid detection and containment will be needed to prevent an epidemic or pandemic.…”
Section: Outcomes Of Emerging Infectious Diseasesmentioning
confidence: 99%
“…Hai and colleagues () use multiplier analysis to estimate the short‐term impact of severe acute respiratory syndrome on the Chinese economy. They predicted that the total direct loss to China's tourism industry would be around $16.8bn by the end of 2003.…”
Section: Literature Reviewmentioning
confidence: 99%