Cargando…

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...

Descripción completa

Detalles Bibliográficos
Autores principales: Fischer, Kai, Reade, J. James, Schmal, W. Benedikt
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2022
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
_version_ 1784802883634462720
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
work_keys_str_mv AT fischerkai whatcannotbecuredmustbeenduredthelonglastingeffectofacovid19infectiononworkplaceproductivity
AT readejjames whatcannotbecuredmustbeenduredthelonglastingeffectofacovid19infectiononworkplaceproductivity
AT schmalwbenedikt whatcannotbecuredmustbeenduredthelonglastingeffectofacovid19infectiononworkplaceproductivity