Jan 19–Feb 29 Jan 19–Feb 1 Feb 2–Feb 29 (1) (2) (3) (4) (5) (6) OLS IV OLS IV OLS IV Model A: lagged variables are averages over the preceding first and second week separately Average # of new cases, 1-week lag Own city 0.747*** 0.840*** 0.939*** 2.456*** 0.790*** 1.199*** (0.0182) (0.0431) (0.102) (0.638) (0.0211) (0.0904) Other cities 0.00631** 0.0124 0.0889 0.0412 − 0.00333 − 0.0328 wt. = inv. dist. (0.00289) (0.00897) (0.0714) (0.0787) (0.00601) (0.0230) Wuhan 0.0331*** 0.0277 − 0.879 − 0.957 0.0543* 0.0840 wt. = inv. dist. (0.0116) (0.0284) (0.745) (0.955) (0.0271) (0.0684) Wuhan 0.00365*** 0.00408*** 0.00462*** 0.00471*** − 0.000882 − 0.00880*** wt. = pop. flow (0.000282) (0.000287) (0.000326) (0.000696) (0.000797) (0.00252) Average # of new cases, 2-week lag Own city − 0.519*** − 0.673*** 2.558 − 1.633 − 0.286*** − 0.141 (0.0138) (0.0532) (2.350) (2.951) (0.0361) (0.0899) Other cities − 0.00466 − 0.0208 − 0.361 − 0.0404 − 0.00291 − 0.0235** wt. = inv. dist. (0.00350) (0.0143) (0.371) (0.496) (0.00566) (0.0113) Wuhan − 0.0914* 0.0308 3.053 3.031 − 0.154 0.0110 wt. = inv. dist. (0.0465) (0.0438) (2.834) (3.559) (0.0965) (0.0244) Wuhan 0.00827*** 0.00807*** 0.00711*** − 0.00632 0.0119*** 0.0112*** wt. = pop. flow (0.000264) (0.000185) (0.00213) (0.00741) (0.000523) (0.000627) Model B: lagged variables are averages over the preceding 2 weeks Own city 0.235*** 0.983*** 1.564*** 2.992*** 0.391*** 0.725*** (0.0355) (0.158) (0.174) (0.892) (0.0114) (0.101) Other cities 0.00812 − 0.0925* 0.0414 0.0704 0.0181 − 0.00494 wt. = inv. dist. (0.00899) (0.0480) (0.0305) (0.0523) (0.0172) (0.0228) Wuhan − 0.172* − 0.114** − 0.309 − 0.608 − 0.262 − 0.299* wt. = inv. dist. (0.101) (0.0472) (0.251) (0.460) (0.161) (0.169) Wuhan 0.0133*** 0.0107*** 0.00779*** 0.00316 0.0152*** 0.0143*** wt. = pop. flow (0.000226) (0.000509) (0.000518) (0.00276) (0.000155) (0.000447) Observations 12,768 12,768 4,256 4,256 8,512 8,512 Number of cities 304 304 304 304 304 304 Weather controls Yes Yes Yes Yes Yes Yes City FE Yes Yes Yes Yes Yes Yes Date FE Yes Yes Yes Yes Yes Yes