| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27212 |
| 来源ID | Working Paper 27212 |
| Financing Vaccines for Global Health Security | |
| Jonathan T. Vu; Benjamin K. Kaplan; Shomesh Chaudhuri; Monique K. Mansoura; Andrew W. Lo | |
| 发表日期 | 2020-05-25 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Recent outbreaks of infectious pathogens such as Zika, Ebola, and COVID-19 have underscored the need for the dependable availability of vaccines against emerging infectious diseases (EIDs). The cost and risk of R&D programs and uniquely unpredictable demand for EID vaccines have discouraged vaccine developers, and government and nonprofit agencies have been unable to provide timely or sufficient incentives for their development and sustained supply. We analyze the economic returns of a portfolio of EID vaccine assets, and find that under realistic financing assumptions, the expected returns are significantly negative, implying that the private sector is unlikely to address this need without public-sector intervention. We have sized the financing deficit for this portfolio and analyze several potential solutions, including price increases, enhanced public-private partnerships, and subscription models through which individuals would pay annual fees to obtain access to a portfolio of vaccines in the event of an outbreak. |
| 主题 | Financial Economics ; Portfolio Selection and Asset Pricing ; Corporate Finance ; Public Economics ; Public Goods ; National Fiscal Issues ; Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Environmental and Resource Economics ; Environment ; COVID-19 |
| URL | https://www.nber.org/papers/w27212 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584884 |
| 推荐引用方式 GB/T 7714 | Jonathan T. Vu,Benjamin K. Kaplan,Shomesh Chaudhuri,et al. Financing Vaccines for Global Health Security. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27212.pdf（589KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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