Abstract
ABSTRACT We investigate the recovery of domestic industries following the effective control of the COVID-19 pandemic in China, which has implications for future trends in global economic recovery. We employ online firm recruitment data from a major Chinese online job listing website to reflect the recovery in employment and a regression discontinuity design. The results show that after the COVID-19 pandemic was effectively controlled in China from March 2020, the Chinese economy in terms of employment experienced an overall V-shaped recovery. From an industry perspective, some industries underwent the same rapid recovery, whereas others exhibited a U-shaped recovery path. In addition, we found that industries in the information technology industry were not negatively affected by COVID-19 and continued to perform well during the domestic epidemic.
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