How do industries recover through Covid-19 pandemic? An empirical investigation on Chinese online recruitment data

Jackson Jinhong Mi and Yicheng Wang

Applied Economics Letters, 2024, vol. 31, issue 12, 1083-1089

Abstract: We investigate the recovery of domestic industries following the effective control of the COVID-19 pandemic in China, which has implications for future trends in global economic recovery. We employ online firm recruitment data from a major Chinese online job listing website to reflect the recovery in employment and a regression discontinuity design. The results show that after the COVID-19 pandemic was effectively controlled in China from March 2020, the Chinese economy in terms of employment experienced an overall V-shaped recovery. From an industry perspective, some industries underwent the same rapid recovery, whereas others exhibited a U-shaped recovery path. In addition, we found that industries in the information technology industry were not negatively affected by COVID-19 and continued to perform well during the domestic epidemic.

Date: 2024
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DOI: 10.1080/13504851.2023.2176430

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