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The impact of China’s non-pharmaceutical interventions on economic growth during COVID-19: a provincial-level panel analysis
This study examines the economic impacts of non-pharmaceutical interventions implemented in China during the COVID-19 pandemic, utilizing a provincial-level panel dataset from 2020Q1 to 2022Q4. We employ a pooled OLS model with panel-corrected standard errors (PCSE) to address cross-sectional dependence, serial correlation, and heteroskedasticity, while a fixed-effects instrumental variable (FE-IV) model is used to resolve endogeneity from reverse causality.
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