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Vaccination, treatment and containment policy to reduce the effects of the COVID‐19 pandemic in Morocco

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  • Abdelhamid Moustabchir
  • Hicham Ouakil

Abstract

This paper presents a susceptible–exposed–infected–quarantined–removed (SEIQR) dynamic stochastic general equilibrium model to evaluate the macroeconomic effects of the current COVID‐19 pandemic. The SEIQR configuration setting is calibrated using COVID‐19 data from Morocco. Using the model, we demonstrate how the pandemic might lead to declining consumption and productivity. We illustrate that a combination of quarantine policy, vaccination and treatment of the uninfected person is more successful than using only one of the policies. The combination lowered the number of infected, exposed and quarantined people. We also assessed the economic effects of multiple strategies.

Suggested Citation

  • Abdelhamid Moustabchir & Hicham Ouakil, 2023. "Vaccination, treatment and containment policy to reduce the effects of the COVID‐19 pandemic in Morocco," African Development Review, African Development Bank, vol. 35(4), pages 351-364, December.
    • Handle: RePEc:bla:afrdev:v:35:y:2023:i:4:p:351-364
    DOI: 10.1111/1467-8268.12714
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    Cited by:

    1. Hicham Ouakil & Abdelhamid Moustabchir & Houda Lechheb & Hicham EL Ouazzani, 2024. "Fiscal policy in the face of the health crisis: A simulation using a hybrid DSGE‐SIR model," African Development Review, African Development Bank, vol. 36(3), pages 425-443, September.
    2. Hicham El Ouazzani & Hicham Ouakil & Abdelhamid Moustabchir, 2024. "Monetary Policy and Unemployment in Morocco: A DSGE Model Approach with Labor Market Frictions and Nash Wage Bargaining," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 22(4), pages 823-850, December.

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