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Combating the COVID-19 pandemic: The role of the SARS imprint
Ru, H1; Yang, E2; Zou, K3
2021-09-01
Source PublicationManagement Science
ABS Journal Level4*
ISSN0025-1909
Volume67Issue:9Pages:5606-5615
Abstract

We provide evidence of delayed attention and inaction in response to COVID-19 in countries that did not experience SARS in 2003. Using cross-country data, we find that individuals in countries that had SARS infections in 2003 searched more intensively for COVID-19-related information on Google in late January 2020, the time of the first known outbreak in Wuhan, China. Early attention to the novel virus, as measured by Google searches, is associated with deeper stock market drops in countries with SARS experience. In contrast, people in countries without SARS experience started to pay more attention much later, in March. Moreover, governments in these countries responded significantly more slowly in implementing social distancing policies to combat domestic COVID-19 outbreaks than governments in countries with SARS experience. Moreover, such early responses of individuals and governments in countries with SARS experience are prevalent within continent, even in non-Asian countries. Furthermore, people in countries with SARS experience are more compliant with social distancing rules. These timely attention and proactive responses of individuals and governments are more pronounced in countries that reported deaths caused by SARS, which left deeper imprints. Our findings suggest that the imprint of similar viruses’ experience is a fundamental mechanism underlying timely responses to COVID-19.

KeywordCovid-19 Imprint Sars Experience Delayed Response
DOI10.1287/mnsc.2021.4015
URLView the original
Indexed BySCIE ; SSCI
Language英語English
WOS Research AreaBusiness & Economics ; Operations Research & Management Science
WOS SubjectManagement ; Operations Research & Management Science
WOS IDWOS:000696941500019
PublisherINFORMS, 5521 RESEARCH PARK DR, SUITE 200, CATONSVILLE, MD 21228
Scopus ID2-s2.0-85103602337
Fulltext Access
Citation statistics
Document TypeJournal article
CollectionDEPARTMENT OF FINANCE AND BUSINESS ECONOMICS
Corresponding AuthorYang, E; Zou, K
Affiliation1.Nanyang Business School, Nanyang Technological University, Singapore, 639798, Singapore
2.Faculty of Business Administration, University of Macau, Macau, Macau, China
3.School of Finance, Renmin University of China, Beijing, 100872, China
Corresponding Author AffilicationFaculty of Business Administration
Recommended Citation
GB/T 7714
Ru, H,Yang, E,Zou, K. Combating the COVID-19 pandemic: The role of the SARS imprint[J]. Management Science, 2021, 67(9), 5606-5615.
APA Ru, H., Yang, E., & Zou, K (2021). Combating the COVID-19 pandemic: The role of the SARS imprint. Management Science, 67(9), 5606-5615.
MLA Ru, H,et al."Combating the COVID-19 pandemic: The role of the SARS imprint".Management Science 67.9(2021):5606-5615.
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