| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28176 |
| 来源ID | Working Paper 28176 |
| Divided We Fall: International Health and Trade Coordination During a Pandemic | |
| Viral V. Acharya; Zhengyang Jiang; Robert J. Richmond; Ernst-Ludwig von Thadden | |
| 发表日期 | 2020-12-07 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We analyze the role of international trade and health coordination in times of a pandemic by building a two-economy, two-good trade model integrated into a micro-founded SIR model of infection dynamics. Uncoordinated governments with national mandates can adopt (i) containment policies to suppress infection spread domestically, and (ii) (import) tariffs to prevent infection coming from abroad. The efficient, i.e., coordinated, risk-sharing arrangement dynamically adjusts both policy instruments to share infection and economic risks internationally. However, in Nash equilibrium, uncoordinated trade policies robustly feature inefficiently high tariffs that peak with the pandemic in the foreign economy. This distorts terms of trade dynamics and magnifies the welfare costs of tariff wars during a pandemic due to lower levels of consumption and production as well as smaller gains via diversification of infection curves across economies. |
| 主题 | International Economics ; Trade ; International Macroeconomics ; Public Economics ; Health, Education, and Welfare ; Health ; COVID-19 |
| URL | https://www.nber.org/papers/w28176 |
| 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/585850 |
| 推荐引用方式 GB/T 7714 | Viral V. Acharya,Zhengyang Jiang,Robert J. Richmond,et al. Divided We Fall: International Health and Trade Coordination During a Pandemic. 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 | ||
| w28176.pdf（1515KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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