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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).

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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.

Item Type: Monograph (Working Paper)
ISBN: 9781921654305
Additional Information:

CoPS/IMPACT Working Paper Number G-224

Uncontrolled Keywords: C68; E37; I18; computable general equilibrium; pandemic influenza; quarterly periodicity
Subjects: FOR Classification > 1402 Applied Economics
Faculty/School/Research Centre/Department > College of Business
Faculty/School/Research Centre/Department > Centre of Policy Studies (CoPS)
Depositing User: Symplectic Elements
Date Deposited: 28 Sep 2015 03:47
Last Modified: 12 Jul 2019 06:00
URI: http://vuir.vu.edu.au/id/eprint/29271
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