ArticleJournal of public economic theory2021
COVID-19 epidemic and mitigation policies: Positive and normative analyses in a neoclassical growth model.
Article in Journal of public economic theory, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 12 papers.
What it found
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The trial behind it
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Who cites it
12 citing papers in PubMed, 30 citations in OpenAlex.
- Public health events and economic growth in a neoclassical framework.BMC public health · 2024Article
- Infectious diseases and social distancing under state-dependent probabilities.Annals of operations research · 2023Article
- Modelling pandemic risks for policy analysis and forecasting.Economic modelling · 2023Article
- Analysis of optimal lockdown in integral economic-epidemic model.Economic theory · 2022Article
- Chasing up and locking down the virus: Optimal pandemic interventions within a network.Journal of public economic theory · 2022Article
- Winners and losers of the COVID-19 pandemic: An excess profits tax proposal.Journal of public economic theory · 2022Article
- Vaccine and inclusion.Journal of public economic theory · 2022Article
- A theory of voluntary testing and self-isolation in an ongoing pandemic.Journal of public economic theory · 2022Article
- Model with transmission delays for COVID-19 control: Theory and empirical assessment.Journal of public economic theory · 2021Article
- Optimal lockdowns for COVID-19 pandemics: Analyzing the efficiency of sanitary policies in Europe.Journal of public economic theory · 2021Article
- Optimal federal transfers during uncoordinated response to a pandemic.Journal of public economic theory · 2021Article
- COVID-19 epidemic and mitigation policies: Positive and normative analyses in a neoclassical growth model.Journal of public economic theory · 2021Article
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
4 authors at 2 institutions in 2 countries.
Funding
No grant is acknowledged in the PubMed record.
Abstract
The COVID-19 pandemic is still ravaging the planet, but its (short-, medium-, and long-term) diverse effects on health, economy, and society are far from being understood. This article investigates the potential impact of a deadly epidemic and its main nonpharmaceutical control interventions (social distancing vs. testing-tracing-isolation, TTI) on capital accumulation and economic development at different time scales. This is done by integrating an epidemiological susceptible-infectious-recovered model with a Solow-type growth model including public expenditure, as a parsimonious setting to offer insights on the trade-off between protecting human lives and the economy and society. The work clarifies (i) the long-term interactions amongst a deadly infection, demography, and capital accumulation, (ii) the lack of viability of persistent social distancing measures also using an analytical characterization, and the threat of policy-enhanced COVID-19 endemicity, (iii) the potentially high return on investments in TTI activities to avoid future lockdowns and related capital disruption. It also quantifies the welfare effects of a range of policies, confirming a counterintuitive role for tax-funded preventive investments aimed at strengthening TTI as more desirable interventions than generalized lockdowns.
Identifiers
What OpenQuestion holds
Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.