(1) (2) (3) (4) (5) (6) OLS IV OLS IV OLS IV Average # of new cases, 1-week lag Own city 0.642*** 0.780*** 0.684*** 0.805*** 0.654*** 0.805*** (0.0644) (0.0432) (0.0496) (0.0324) (0.0566) (0.0439) × closed management − 0.593*** − 0.244*** − 0.547*** − 0.193* (0.162) (0.0619) (0.135) (0.111) × stay at home − 0.597*** − 0.278*** − 0.0688 − 0.110 (0.186) (0.0800) (0.121) (0.143) Other cities 0.00121 − 0.00159 0.00167 − 0.00108 0.00129 − 0.00142 wt. = inv. dist. (0.000852) (0.00167) (0.00114) (0.00160) (0.000946) (0.00183) Wuhan 0.00184 0.00382 0.00325* 0.00443 0.00211 0.00418 wt. = inv. dist. (0.00178) (0.00302) (0.00179) (0.00314) (0.00170) (0.00305) Wuhan 0.00298 0.00110 − 0.00187 − 0.000887 0.00224 − 3.26e-07 wt. = pop. flow (0.00264) (0.00252) (0.00304) (0.00239) (0.00254) (0.00260) Average # of new cases, 2-week lag Own city 0.0345 − 0.0701 − 0.0103 − 0.0818 0.0396 − 0.0533 (0.0841) (0.0550) (0.0921) (0.0523) (0.0804) (0.0678) × closed management − 0.367*** − 0.103 − 0.259** 0.0344 (0.0941) (0.136) (0.111) (0.222) × stay at home − 0.294*** − 0.102 − 0.124* − 0.162 (0.0839) (0.136) (0.0720) (0.212) Other cities − 0.00224 − 0.00412** − 0.00190 − 0.00381** − 0.00218 − 0.00397** wt. = inv. dist. (0.00135) (0.00195) (0.00118) (0.00177) (0.00129) (0.00192) Wuhan − 0.00512 0.00197 − 0.00445 0.00231 − 0.00483 0.00227 wt. = inv. dist. (0.00353) (0.00367) (0.00328) (0.00348) (0.00340) (0.00376) Wuhan 0.00585*** 0.00554*** 0.00534*** 0.00523*** 0.00564*** 0.00516*** wt. = pop. flow (0.00110) (0.000929) (0.00112) (0.00104) (0.00109) (0.00116) Observations 8064 8064 8064 8064 8064 8064 Number of cities 288 288 288 288 288 288 Weather controls Yes Yes Yes Yes Yes Yes City FE Yes Yes Yes Yes Yes Yes Date FE Yes Yes Yes Yes Yes Yes