 Coûts de la Covid-19, Tropicalisation de modèle épidémiologique et Arbitrage santé-économie en AfriqueCosts of Covid-19, Tropicalization of the epidemiological model and Health-economic trade-off in AfricaThiédjé Gaudens-Omer Kouakou MPRA Paper from University Library of Munich, Germany Abstract: We model the optimal behavior of the public decision-maker of an African country plagued by covid-19, with little fiscal room for maneuver and facing a health-economy dilemma. The model shows that a substantial part of the economic costs of covid-19 is due to a deficit in tropicalization of the epidemiological model. A comparative static analysis of the optimal equilibrium shows that the public decision-maker can reduce the economic costs of covid-19 in two ways: either he relaxes the barrier measures at the cost of an increase in human costs (health-economy trade-off); or he tropicalizes the epidemiological model as best he can, without increasing health costs (no health-economy trade-off). This last strategy is an alternative that can allow African countries to face a pandemic crisis economically, without sacrificing health while minimizing the systematic recourse to debt and aid. Keywords: arbitrage santé-économie; covid-19; modèle épidémiologique; Afrique (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:123467 Access Statistics for this paper More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC. |
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