| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16682 |
| DP16682 The Effects of COVID-19 Vaccines on Economic Activity | |
| Pragyan Deb; Davide Furceri; Daniel Jiménez; Siddharth Kothari; Jonathan D. Ostry; Nour Tawk | |
| 发表日期 | 2021-10-31 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | This paper empirically examines the economic effects of COVID-19 vaccine rollouts using a cross-country daily database of vaccinations and high frequency indicators of economic activity—nitrogen dioxide (NO2) emissions, carbon monoxide (CO) emissions, and Google mobility indices—for a sample of 46 countries over the period December 16, 2020 to June 20, 2021. Using surprises in vaccines administered, we find that an unexpected increase in vaccination per capita is associated with a significant increase in economic activity. We also find evidence for non-linear effects of vaccines, with the marginal economic benefits being larger when vaccination rates are higher. Country-specific conditions play an important role, with lower economic gains if strict containment measures are in place or if the country is experiencing a severe outbreak. Finally, the results provide evidence of spillovers across borders, highlighting the importance of equitable access to vaccines across nations. |
| 主题 | International Macroeconomics and Finance |
| 关键词 | Covid-19 Pandemics Vaccinations Containment measures |
| URL | https://cepr.org/publications/dp16682 |
| 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/545620 |
| 推荐引用方式 GB/T 7714 | Pragyan Deb,Davide Furceri,Daniel Jiménez,et al. DP16682 The Effects of COVID-19 Vaccines on Economic Activity. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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