| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14668 |
| DP14668 National containment policies and international cooperation | |
| Wolf Wagner | |
| 发表日期 | 2020-04-28 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Policies that curtail social and economic activities during a pandemic are predominantly decided upon at the national level, but have international ramifications. In this paper we examine what type of inefficiencies this may create and how cooperation across countries may improve outcomes. We find that inefficiencies arise even among completely identical countries. We show that countries are likely to choose excessively lenient policies from the perspective of world welfare in later stages of the pandemic. This provides a rationale for setting minimum containment standards internationally. By contrast, in early and intermediate stages of the pandemic, national containment policies may also be excessively strict. Whether or not this is the case depends on country's degree of economic integration relative to (outward and inward) mobility of people. |
| 主题 | International Macroeconomics and Finance |
| 关键词 | Covid-19 pandemic Cross-border cooperation Externalities |
| URL | https://cepr.org/publications/dp14668 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543584 |
| 推荐引用方式 GB/T 7714 | Wolf Wagner. DP14668 National containment policies and international cooperation. 2020. |
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