EconPapers    
Economics at your fingertips  
 

Emerging infectious diseases and the economy: climate change, natural world preservation, and containment policies

William Brock and Anastasios Xepapadeas ()

No 2208, DEOS Working Papers from Athens University of Economics and Business

Abstract: Scientific evidence suggests that anthropogenic impacts on the environment such as land use changes and climate change promote the emergence of infectious diseases in humans. We develop a two-region epidemic-economic (epi-econ) model which unifies short-run disease containment policies with long-run policies which could control the drivers and the severity of infectious diseases. We structure our paper by linking a susceptible-infected-susceptible (SIS) model with an economic model which includes land use choices for agriculture and climate change. In the SIS model the contact number depends on short-run containment policies (e.g., lockdown, social distancing, vaccination), and the long-run policies affecting land use and the preservation of the natural world, and climate change. Utility in each region is determined by a composite consumption good produced by labor, land devoted to agriculture, and energy. Climate change and land use changes which reduce the natural world have an additional cost in terms of infectious disease since they might increase the contact number in the long run. We provide a deterministic solution as a benchmark and we compare it with outcomes derived under ambiguity associated with important parameters of the epi-econ model and ambiguity aversion.

Keywords: infectious diseases; SIS model; natural world; climate change; containment policy; Nash equilibrium (search for similar items in EconPapers)
JEL-codes: D81 I18 Q54 (search for similar items in EconPapers)
Date: 2022-01-29
New Economics Papers: this item is included in nep-agr, nep-env, nep-gth, nep-hea and nep-his
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://wpa.deos.aueb.gr/docs/BX.EID.29January2022.pdf First version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aue:wpaper:2208

Access Statistics for this paper

More papers in DEOS Working Papers from Athens University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Ekaterini Glynou ().

 
Page updated 2022-07-31
Handle: RePEc:aue:wpaper:2208