In this paper, we evaluate the impact of Wuhan COVID-19 (Coronavirus Disease 2019) on four strategic sectors - i.e. tourism, air transportation, international trade, and electricity consumption of the Chinese economy. To do so, we develop and apply a new model - the economic crisis from massive contagious infection diseases simulator (ECMCID-Simulator). The simulator deploys a macro-dynamic analysis under different possible scenarios to evaluate the impact of a massive contagious infection disease on the short-run economic performance of a country.
The Evaluation of the Final Impact of Wuhan COVID-19 on Trade, Tourism, Transport, and Electricity Consumption of China