The Global Economic Effects of Pandemic Influenza

George Verikios, Maura Sullivan, Pane Stojanovski, James Giesecke and Gordon Woo

No 332033, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

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 susceptibleinfected-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.

Keywords: Health Economics and Policy; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 41
Date: 2011
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Citations: View citations in EconPapers (1)

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Working Paper: The Global Economic Effects of Pandemic Influenza (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:332033

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