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What cannot be cured must be endured: The long-lasting effect of a COVID-19 infection on workplace productivity.()
The COVID-19 pandemic has triggered economic shock waves across the globe. Exploiting a natural experiment, this paper estimates how being infected with the virus shapes individual-level productivity after having recovered. Studying the performance of professional athletes in Germany and Italy and a...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier B.V.
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9535936/ https://www.ncbi.nlm.nih.gov/pubmed/36217320 http://dx.doi.org/10.1016/j.labeco.2022.102281 |
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author | Fischer, Kai Reade, J. James Schmal, W. Benedikt |
author_facet | Fischer, Kai Reade, J. James Schmal, W. Benedikt |
author_sort | Fischer, Kai |
collection | PubMed |
description | The COVID-19 pandemic has triggered economic shock waves across the globe. Exploiting a natural experiment, this paper estimates how being infected with the virus shapes individual-level productivity after having recovered. Studying the performance of professional athletes in Germany and Italy and applying a staggered difference-in-differences design, we find that individual performance drops by around 6 percent after a previously infected athlete returns to the pitch. This striking deterioration remains persistent over time – amounting to 5% eight months after the infection. The effect increases with age and infection severity, and is spread disproportionally over the course of a match. We detect no productivity effects for other respiratory infections. We take these findings as first evidence that the pandemic might cause long-lasting effects on worker productivity and economic growth. |
format | Online Article Text |
id | pubmed-9535936 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Elsevier B.V. |
record_format | MEDLINE/PubMed |
spelling | pubmed-95359362022-10-06 What cannot be cured must be endured: The long-lasting effect of a COVID-19 infection on workplace productivity.() Fischer, Kai Reade, J. James Schmal, W. Benedikt Labour Econ Article The COVID-19 pandemic has triggered economic shock waves across the globe. Exploiting a natural experiment, this paper estimates how being infected with the virus shapes individual-level productivity after having recovered. Studying the performance of professional athletes in Germany and Italy and applying a staggered difference-in-differences design, we find that individual performance drops by around 6 percent after a previously infected athlete returns to the pitch. This striking deterioration remains persistent over time – amounting to 5% eight months after the infection. The effect increases with age and infection severity, and is spread disproportionally over the course of a match. We detect no productivity effects for other respiratory infections. We take these findings as first evidence that the pandemic might cause long-lasting effects on worker productivity and economic growth. Elsevier B.V. 2022-12 2022-10-06 /pmc/articles/PMC9535936/ /pubmed/36217320 http://dx.doi.org/10.1016/j.labeco.2022.102281 Text en © 2022 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active. |
spellingShingle | Article Fischer, Kai Reade, J. James Schmal, W. Benedikt What cannot be cured must be endured: The long-lasting effect of a COVID-19 infection on workplace productivity.() |
title | What cannot be cured must be endured: The long-lasting effect of a COVID-19 infection on workplace productivity.() |
title_full | What cannot be cured must be endured: The long-lasting effect of a COVID-19 infection on workplace productivity.() |
title_fullStr | What cannot be cured must be endured: The long-lasting effect of a COVID-19 infection on workplace productivity.() |
title_full_unstemmed | What cannot be cured must be endured: The long-lasting effect of a COVID-19 infection on workplace productivity.() |
title_short | What cannot be cured must be endured: The long-lasting effect of a COVID-19 infection on workplace productivity.() |
title_sort | what cannot be cured must be endured: the long-lasting effect of a covid-19 infection on workplace productivity.() |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9535936/ https://www.ncbi.nlm.nih.gov/pubmed/36217320 http://dx.doi.org/10.1016/j.labeco.2022.102281 |
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