Infectious disease outbreak and trade policy formulation
AbstractThis paper provides a framework to understand why a country might resort to a policy like an import ban when at risk from infectious disease outbreak overseas. Superior import-competing domestic production technologies, and over-reliance on taxing the public for government revenue, could lead to blocked trade. The results of the two-country political economy model lend support to the wide use of public health interventions to minimize infections, and highlight their role in promoting open trade policies.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 31 (2011)
Issue (Month): 4 ()
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Trade openness; infectious disease outbreak;
Find related papers by JEL classification:
- F0 - International Economics - - General
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- Chris Papageorgiou & Fidel Pérez Sebastián & Shankha Chakraborty, 2010.
"Diseases, infection dynamics and development,"
Working Papers. Serie AD
2010-28, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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- Momota, Akira & Tabata, Ken & Futagami, Koichi, 2005. "Infectious disease and preventive behavior in an overlapping generations model," Journal of Economic Dynamics and Control, Elsevier, vol. 29(10), pages 1673-1700, October.
- Auld, M. Christopher, 2003.
"Choices, beliefs, and infectious disease dynamics,"
Journal of Health Economics,
Elsevier, vol. 22(3), pages 361-377, May.
- Klein, Eili & Laxminarayan, Ramanan & Smith, David L. & Gilligan, Christopher A., 2007. "Economic incentives and mathematical models of disease," Environment and Development Economics, Cambridge University Press, vol. 12(05), pages 707-732, October.
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