Mobility-based real-time economic monitoring amid the COVID-19 pandemic.

ABSTRACT: Mobility restrictions have been identified as key non-pharmaceutical interventions to limit the spread of the SARS-COV-2 epidemics. However, these interventions present significant drawbacks to the social fabric and negative outcomes for the real economy. In this paper we propose a real-time monitoring framework for tracking the economic consequences of various forms of mobility reductions involving European countries. We adopt a granular representation of mobility patterns during both the first and second waves of SARS-COV-2 in Italy, Germany, France and Spain to provide an analytical characterization of the rate of losses of industrial production by means of a nowcasting methodology. Our approach exploits the information encoded in massive datasets of human mobility provided by Facebook

SUBMITTER: Spelta A 

PROVIDER: S-EPMC8219782 | biostudies-literature | 2021 Jun

REPOSITORIES: biostudies-literature