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GTAP Resource #3552

"The Global Economic Effects of Pandemic Influenza"
Authors: Verikios, George, Maura Sullivan, Pane Stojanovski, James Giesecke and Gordon Woo


Abstract
We analyse the global economic effects of two influenza pandemics that represent extremes along the virulence-infectiousness continuum of possible pandemics: a high virulence-low infectiousness event and a low virulence-high infectiousness event. We do this by applying results from a susceptible-infected-recovered epidemiological model to a detailed, quarterly computable general equilibrium model. Our findings indicate that global economic activity will be more strongly affected by a pandemic with high infection rates rather than high virulence rates, all else being equal. At the regional level, regions with a higher degree of economic integration with the world economy will be affected more strongly than less integrated regions.


Resource Details () GTAP Keywords
Category: 2011 Conference Paper
Status: Published
By/In: Presented at the 14th Annual Conference on Global Economic Analysis, Venice, Italy
Date:
Version: 1
Created: Verikios, G. (4/13/2011)
Updated: Verikios, G. (4/13/2011)
Visits: 2,783
- Economic growth
- Dynamic modeling


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