The Global Economic Effects of Pandemic Influenza
Verikios, George, Sullivan, M, Stojanovski, P, Giesecke, James A ORCID: 0000-0002-7283-0551 and Woo, G (2011) The Global Economic Effects of Pandemic Influenza. Working Paper. Centre of Policy Studies (CoPS).
Abstract
We analyse the global economic effects of two influenza pandemics that represent extremes along the virulence-infectiousness continuum of possible pandemics: a high virulence-low infectiousness event and a low virulence-high infectiousness event. We do this by applying results from a susceptible-infected-recovered epidemiological model to a detailed, quarterly computable general equilibrium model. Our findings indicate that global economic activity will be more strongly affected by a pandemic with high infection rates rather than high virulence rates, all else being equal. At the regional level, regions with a higher degree of economic integration with the world economy will be affected more strongly than less integrated regions.
Additional Information | CoPS/IMPACT Working Paper Number G-224 |
Item type | Monograph (Working Paper) |
URI | https://vuir.vu.edu.au/id/eprint/29271 |
Official URL | http://www.copsmodels.com/elecpapr/g-224.htm |
ISBN | 9781921654305 |
Subjects | Historical > FOR Classification > 1402 Applied Economics Historical > Faculty/School/Research Centre/Department > College of Business Current > Division/Research > Centre of Policy Studies (CoPS) |
Keywords | C68; E37; I18; computable general equilibrium; pandemic influenza; quarterly periodicity |
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