id author title date pages extension mime words sentences flesch summary cache txt cord-269206-160ddfsc Ceylan, Rahmiye Figen Historical evidence for economic effects of COVID-19 2020-06-04 .txt text/plain 4555 268 51 Yet, the contagious diseases having global effects had forgotten long time ago even if there appeared some recent encounters in the past 20 The differentiating features of COVID-19 or SARS-COV2 from the recent encounters are its geographical dispersion in terms of contagion and its causalities. In an earlier attempt to comment on prospective COVID-19 effects, Barro and his friends estimated growth of national income and consumption expenditures of 42 countries between 1901 and 1929 on human capital loss due to the WWI. Due to changing labour market composition and economic conditions during and after the influenza, both productivity and overall income had declined and savings and investment potential were affected negatively. Confirming previous research on SARS, Lionello [26] indicated that rising social fear and reduction in social contact resulted in reduced supplies and reduced labour demand specifically in the services sector between 20 and 70%. Especially, shrinking services and industries facing lower labour supplies and reducing demand are expected to downsize all economic structures. ./cache/cord-269206-160ddfsc.txt ./txt/cord-269206-160ddfsc.txt