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来源类型Working Paper
规范类型报告
DOI10.3386/w28395
来源IDWorking Paper 28395
The Economic Case for Global Vaccinations: An Epidemiological Model with International Production Networks
Cem Çakmaklı; Selva Demiralp; Ṣebnem Kalemli-Özcan; Sevcan Yeşiltaş; Muhammed A. Yıldırım
发表日期2021-01-25
出版年2021
语种英语
摘要COVID-19 pandemic had a devastating effect on both lives and livelihoods in 2020. The arrival of effective vaccines can be a major game changer. However, vaccines are in short supply as of early 2021 and most of them are reserved for the advanced economies. We show that the global GDP loss of not inoculating all the countries, relative to a counterfactual of global vaccinations, can be higher than the cost of manufacturing and distributing vaccines globally. We use an economic-epidemiological framework that combines a SIR model with international production and trade networks. Based on this framework, we estimate the costs for 65 countries and 35 sectors. Our estimates suggest that up to 49 percent of the global economic costs of the pandemic in 2021 are borne by the advanced economies even if they achieve universal vaccination in their own countries.
主题International Economics ; Trade ; International Factor Mobility ; COVID-19
URLhttps://www.nber.org/papers/w28395
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586069
推荐引用方式
GB/T 7714
Cem Çakmaklı,Selva Demiralp,Ṣebnem Kalemli-Özcan,et al. The Economic Case for Global Vaccinations: An Epidemiological Model with International Production Networks. 2021.
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