hu / en

Koren Miklós és Pető Rita cikke a VOX CEPR Policy Portálon

It’s retail stores and restaurants, not farms and fisheries, that suffer most from social distancing

Miklós Koren, Rita Pető

29 April 2020

Social distancing interventions can be effective against epidemics, but they are potentially detrimental to the economy. Businesses that rely on face-to-face communication or close physical proximity when producing a product or providing a service are particularly vulnerable. This column provides theory-based measures of the reliance of US businesses on human interaction, detailed by industry and geographic location. Retail, hotels and restaurants, arts and entertainment and schools are the most affected sectors. The results can help target fiscal assistance to businesses that are most disrupted by social distancing.

⮚ Full text