The Global Economic Effects of Pandemic Influenza

[img]
Preview
g-224.pdf - Published Version (350kB) | Preview
Available under license: Creative Commons Attribution

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
Download/View statistics View download statistics for this item

Search Google Scholar

Repository staff login