ArticleThe European journal of health economics : HEPAC : health economics in prevention and care2023
The common interests of health protection and the economy: evidence from scenario calculations of COVID-19 containment policies.
Article in The European journal of health economics : HEPAC : health economics in prevention and care, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 17 papers.
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Who cites it
17 citing papers in PubMed, 26 citations in OpenAlex.
- A novel, scenario-based approach to comparing non-pharmaceutical intervention strategies across nations.Journal of the Royal Society, Interface · 2024Article
- Ethical dilemma arises from optimizing interventions for epidemics in heterogeneous populations.Journal of the Royal Society, Interface · 2024Article
- The challenge of estimating the direct and indirect effects of COVID-19 interventions - Toward an integrated economic and epidemiological approach.Economics and human biology · 2023Review
- Impact of policy response on health protection and economic recovery in OECD and BRIICS countries during the early stages of the COVID-19 pandemic.Public health · 2023Article
- The spatial linkage mechanism: medical level, public health security, and economic climate from 19 OECD EU countries.Frontiers in public health · 2023Article
- Exit strategies from lockdowns due to COVID-19: a scoping review.BMC public health · 2022Article
- Italians locked down: people's responses to early COVID-19 pandemic public health measures.Humanities & social sciences communications · 2022Article
- Elimination versus mitigation of SARS-CoV-2 in the presence of effective vaccines.The Lancet. Global health · 2022Review
- Testing and isolation to prevent overloaded healthcare facilities and reduce death rates in the SARS-CoV-2 pandemic in Italy.Communications medicine · 2022Article
- Longitudinal study of mental health changes in residents affected by an initial outbreak of COVID-19 in China.Frontiers in public health · 2022Article
- Deciphering the COVID-19 Health Economic Dilemma (HED): A Scoping Review.International journal of environmental research and public health · 2021Article
- Relaxing restrictions at the pace of vaccination increases freedom and guards against further COVID-19 waves.PLoS computational biology · 2021Article
- Opening-Up Trajectories and Economic Recovery: Lessons after the First Wave of the COVID-19 Pandemic.CESifo economic studies · 2021Article
- SARS-CoV-2 elimination, not mitigation, creates best outcomes for health, the economy, and civil liberties.Lancet (London, England) · 2021Article
- An intra-host SARS-CoV-2 dynamics model to assess testing and quarantine strategies for incoming travelers, contact management, and de-isolation.Patterns (New York, N.Y.) · 2021Article
- Distributional effects of macroeconomic shocks in real-time: A novel method applied to the COVID-19 crisis in Germany.Journal of economic inequality · 2021Article
- The impact of government responses to the COVID-19 pandemic on GDP growth: Does strategy matter?PloS one · 2021Article
Corrections and comments
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Authors and funding
12 authors at 3 institutions in 1 country.
Funding
Abstract
We develop a novel approach integrating epidemiological and economic models that allows data-based simulations during a pandemic. We examine the economically optimal opening strategy that can be reconciled with the containment of a pandemic. The empirical evidence is based on data from Germany during the SARS-CoV-2 pandemic. Our empirical findings reject the view that there is necessarily a conflict between health protection and economic interests and suggest a non-linear U-shape relationship: it is in the interest of public health and the economy to balance non-pharmaceutical interventions in a manner that further reduces the incidence of infections. Our simulations suggest that a prudent strategy that leads to a reproduction number of around 0.75 is economically optimal. Too restrictive policies cause massive economic costs. Conversely, policies that are too loose lead to higher death tolls and higher economic costs in the long run. We suggest this finding as a guide for policy-makers in balancing interests of public health and the economy during a pandemic.
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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.