A Novel Approach towards Assessing the Impact of Air Quality and Major Public Health Emergencies on Light Industry: A Multiscale Investigation towards Improving the Risk Prevention System

Abstract

Measuring the systemic impact of major public health emergencies on the light industry and preventing various uncertain future external risks have become the key challenges to ensuring the stability of the light industry. This paper takes the occurrence of major public health emergencies as the background and focuses on environmental issues such as air pollution and indoor air quality degradation during emergencies. And to explore the multiscale impact of major public health emergencies on the light industry, typical light industry subsectors, and light industry enterprises. The findings of our study reveal that major public health emergencies have a negative impact on the light industry, particularly in the form of a short-term decline in exports, which tends to converge in the long run. Further, it is also revealed that there is heterogeneity in the impact on environmentally sensitive industries, labor-intensive industries, and others. At the microfirm level, major public health emergencies have shown a negative effect, especially the recent pandemic, which has a longer duration and a wider reach. Through multiscale research, this paper provides policy suggestions to improve the macrogovernance mechanism and risk prevention system for the light industry.