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ID: 182756

Is the 2003 SARS epidemic over? long-term effects of epidemic exposure on mortality among older adults / Fang, Guanfu; Feng, Jin

Fang, Guanfu	Journal Article
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Summary/Abstract

Infectious diseases put health of millions at risk and induce large socioeconomic costs each year. However, the long-term effects of exposure to infectious diseases on the elderly have received minimal attention. Using data from the Chinese Longitudinal Healthy Longevity Survey, this study adopts a differences-in-differences strategy to evaluate the long-term effects of epidemic exposure on old-age mortality. We find that intense exposure to the severe acute respiratory syndrome (SARS) epidemic led to an increase in old-age mortality after the SARS outbreak. We provide some suggestive evidence that exposure to SARS increased psychological stress and limitations in physical activities among old people.

Key Words

Mortality ; Older Adults ; Long-term Effects ; SARS Exposure

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ID: 193778

Public credit information arrangements and entrepreneurship: Evidence from China / Fang, Guanfu

Fang, Guanfu	Journal Article
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This paper examines how improved public credit information arrangements affect entrepreneurial activities and interact with traditional informal institutions. From 2015 to 2016, the Chinese government implemented a Credit Demonstration City Construction (CDCC) program, which utilized big data technologies to promote credit information sharing and facilitate the usage of public credit information. Using a difference-in-differences approach, we find that the CDCC program improved credit information disclosure and promoted entrepreneurial activities. We provide some evidence for the mechanism that the improved public credit information arrangements alleviated entrepreneurs' credit constraints and lowered the risks of running businesses. In addition, we find that the effects of the CDCC program are stronger in areas where Confucian culture and Buddhism are less prevalent, suggesting that formal and informal institutions may serve complementary functions in promoting entrepreneurship.

Key Words

Public credit information arrangements and entrepreneurship Evidence from China

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