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. 2020 Jul 27;23(11):1405–1408. doi: 10.1016/j.jval.2020.06.002

Table 1.

Checklist for measuring economic impact owing to the fear of contagion

Immediate (over first week) Near-term (over 1 year)
Behavioral impact on business
 Stigma
 Change in consumption behaviour
 Avoidance of crowded areas (ie, restaurants, cinemas)
 Life disruptions
 School closures
 Decreased public transportation utilization (ie, train, flights, ferry)
Impact on business continuity
 Operational disruptions
 Cancelled events (ie, conferences, major professional sports leagues, such as National Basketball Association, Premier League)
 Restricted travel (ie, tourism, hotel occupancy)
 Delays in project delivery
Financial impact on business
 Higher costs for business (ie, protection items for workers, such as masks, sanitizers, gowns)
 Revenue loss (ie, automobile production)
 Job loss
 Market share loss
 Increase in commodity/food prices (ie, oil and gas, retail market§)
Impact on health sector
 Change in health-seeking behaviour
 Health outcomes of other diseases
 Collateral loss of lives
 Health service interruptions (ie, auxiliary departments in hospitals shutdown)
 Impact on health systems

This checklist is adopted from the “fearonomic framework.”

Hubei province accounts for 9% of total Chinese auto production.

China is the second largest oil consumer and largest importer of liquefied natural gas.

§

Retailers with thin margins face severe drops in demand, and threats to liquidity.