The Impact of Infectious and Contagious Diseases and Its Impact on the Economic Performance: The Case of Wuhan, China
21 Pages Posted: 29 Jan 2020 Last revised: 6 Feb 2020
Date Written: January 29, 2020
This paper attempts to evaluate the impact of infectious and contagious diseases and Its final impact on the economic performance anywhere and anytime. We are considering to evaluate the case of Wuhan, China. We are taking in consideration the case of Wuhan coronavirus to be evaluated under a domestic, national, and international level impact. In this paper, we also propose a new simulator to evaluate the impact of infections and contagious diseases on the economic performance subsequently. This simulator is entitled "The Integral Infections and Contagious Diseases Economic Simulator (IICD-Economic Simulator)." Hence, this simulator tries to show a macro and micro analysis with different possible scenarios simultaneously. Finally, the IICD-Economic Simulator was applied to the case of Wuhan-China respectively.
Keywords: Economic Simulation, Contagious diseases, China, Wuhan, Policy Modeling
JEL Classification: I15, I18
Suggested Citation: Suggested Citation