Determinants of COVID-19 Vaccine Rollouts and Their Effects on Health Outcomes

Pragyan Deb, Davide Furceri, Daniel Jiménez, Siddharth Kothari, Jonathan Ostry and Nour Tawk

No 2021/247, IMF Working Papers from International Monetary Fund

Abstract: This paper examines empirically the determinants of COVID-19 vaccine rollouts and their effects on health outcomes. We assemble a comprehensive and novel cross-country database at a daily frequency on vaccinations and various health outcomes (new COVID-19 cases, fatalities, intensive care unit (ICU) admissions) for the period December 16, 2020-June 20, 2021. Using this data, we find that: (i) early vaccine procurement, domestic production of vaccines, the severity of the pandemic, a country’s health infrastructure, and vaccine acceptance are significant determinants of the speed of vaccination rollouts; (ii) vaccine deployment significantly reduces new COVID-19 infections, Intensive Care Unit (ICU) admissions, and fatalities, and is more effective when coupled with stringent containment measures, or when a country is experiencing a large outbreak; and (iii) COVID-19 cases in neighboring countries can lead to an increase in a country’s domestic caseload, and hamper efforts in taming its own local outbreak.

Keywords: COVID-19; pandemics; vaccinations; containment measures.; vaccine rollout; vaccine deployment; vaccine acceptance; vaccine procurement; vaccination rollout; Infrastructure; Spillovers; Global (search for similar items in EconPapers)
Pages: 51
Date: 2021-10-18
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Determinants of COVID-19 Vaccine Rollouts and Their Effects on Health Outcomes (2023)
Working Paper: Determinants of COVID-19 Vaccine Rollouts and Their Effects on Health Outcomes (2021)
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