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The Value of Vaccination

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  • David E. Bloom
  • David Canning
  • Mark Weston

Abstract

Despite advances during the twentieth century, immunization coverage is far from universal and faces significant obstacles in both developing and developed countries. Weak policy emphasis on vaccination may be the result of the narrow view of its benefits in scientific and policy-making communities, which focus mainly on the averted costs of medical treatment. An investigation of the broader impacts of immunization shows that the benefits of vaccine programs—in particular, their economic effects via improved health—have been underestimated, thereby causing the rate of return to be underestimated.

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Bibliographic Info

Article provided by World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE in its journal World Economics Journal.

Volume (Year): 6 (2005)
Issue (Month): 3 (July)
Pages: 15-39

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Handle: RePEc:wej:wldecn:213

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Cited by:
  1. David E. Bloom & David Canning & Erica S. Shenoy, 2012. "The effect of vaccination on children's physical and cognitive development in the Philippines," Applied Economics, Taylor & Francis Journals, vol. 44(21), pages 2777-2783, July.
  2. Edith Maes & Rutger Daems, 2011. "Perspectives on Public Private Partnership: The R&D Based Vaccine Industry," Working Papers 2011/36, Maastricht School of Management.
  3. Canning, David & Razzaque, Abdur & Driessen, Julia & Walker, Damian G. & Streatfield, Peter Kim & Yunus, Mohammad, 2011. "The effect of maternal tetanus immunization on children's schooling attainment in Matlab, Bangladesh: Follow-up of a randomized trial," Social Science & Medicine, Elsevier, vol. 72(9), pages 1429-1436, May.
  4. David Cutler & Angus Deaton & Adriana Lleras-Muney, 2005. "The Determinants of Mortality," Working Papers 164, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies..
  5. David E. Bloom & David Canning, 2006. "Global Demography: Fact, Force and Future," PGDA Working Papers 1406, Program on the Global Demography of Aging.
  6. Julia Driessen & Abdur Razzaque & Damian Walker & David Canning, 2011. "The Effect of Childhood Measles Vaccination on School Enrollment in Matlab, Bangladesh," PGDA Working Papers 8111, Program on the Global Demography of Aging.
  7. Santosh, Kumar, 2009. "Childhood Immunization, Mortality and Human Capital Accumulation: Micro-Evidence from India," MPRA Paper 27127, University Library of Munich, Germany.
  8. Santosh, Kumar, 2009. "Fertility and Birth Spacing Consequences of Childhood Immunization Program: Evidence from India," MPRA Paper 27126, University Library of Munich, Germany.
  9. Dean Jamison & Prabhat Jha & David E. Bloom, 2008. "Disease Control," PGDA Working Papers 3508, Program on the Global Demography of Aging.
  10. Agenor, Pierre-Richard & Canuto, Otaviano & da Silva, Luiz Pereira, 2010. "On gender and growth : the role of intergenerational health externalities and women's occupational constraints," Policy Research Working Paper Series 5492, The World Bank.
  11. Agenor, Pierre-Richard & Moreno-Dodson, Blanca, 2006. "Public infrastructure and growth : new channels and policy implications," Policy Research Working Paper Series 4064, The World Bank.

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