The economic impact of anti-contagion policies on different industries

Details

Supervisors

Maystadt, Jean-François

Faculty

Faculté des sciences économiques, sociales, politiques et de communication

Degree label

Master [60] en sciences économiques, orientation générale

Abstract

The aim of the thesis is to assess the economic impact of anti-contagion policies on distinct industries. The outbreak of COVID-19 is a public health emergency that occurred at the beginning of 2020 and has not been eliminated until now. Anti-contagion policies have been adopted worldwide to prevent the spread of this pandemic. In this study, the impact of anti-contagion policies on the economic performance of distinct industries is analyzed by using two different methods, the market model method and the interaction model method. Statistically close results are obtained from both methods. The result indicates that stringent containment and health policies are conducive to the development of the IT sector, health care sector, communication service sector, and consumer discretionary sector. As for the Industrial sector and financial sector, the degree of the stringency of containment and health policies doesn’t affect them. This study not only helps to assess the differentiated economic consequences of the anti-contagion policies on distinct industries, but also identifies the subsequent structural changes in the economy as a consequence of the anti-contagion policies.