ArticleCommunications in nonlinear science & numerical simulation2022
On the economic growth equilibria during the Covid-19 pandemic.
Article in Communications in nonlinear science & numerical simulation, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.
What it found
Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.
The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.
Who cites it
1 citing paper in PubMed, 19 citations in OpenAlex.
- The impact of the COVID-19 pandemic on China's economic structure: An input-output approach.Structural change and economic dynamics · 2022Article
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
3 authors at 2 institutions in 1 country.
Funding
No grant is acknowledged in the PubMed record.
Abstract
The aim of this paper is to study the effects of the Covid-19 pandemic suppression policies (i.e. containment measures or lockdowns) on labor supply, capital accumulation, and so the economic growth. We merge an epidemic SIS population model and a Solow's type growth model, i.e. we propose a fusion between economics and epidemiology. We show the creation and the destruction of economic growth equilibria driven by the suppression policies and by the severity of the disease. The dynamic stability properties of the equilibria are mainly determined by (i) the stringency of the suppression policies, (ii) the proportion of infected workers, (iii) the recovery rate of workers, and (iv) the economy's saving rate. Thus, economies can fall into the stable equilibrium of the poverty trap if the propensity to save is low and the economic policies that reduce the spread of infection are severe enough with high levels of infection and low rates of illness recovery. Otherwise, with high savings rates and if the suppression policies perform in such a way that infection levels are low and recovery rates are high, then the economies converge towards the equilibrium of high economic growth with capital accumulation. The scenario is rather complex since there is a multiplicity of equilibria such that economies can be in one scenario or another, characterized by stability or (structural) instability, i.e. bifurcation paths. Numerical simulations corroborate our results.
Indexed as
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.