Infectious disease outbreak and trade policy formulation
This 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.
Volume (Year): 31 (2011)
Issue (Month): 4 ()
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- 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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- Chakraborty, Shankha & Papageorgiou, Chris & Pérez Sebastián, Fidel, 2010.
"Diseases, infection dynamics, and development,"
Journal of Monetary Economics,
Elsevier, vol. 57(7), pages 859-872, October.
- 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).
- Auld, M. Christopher, 2003. "Choices, beliefs, and infectious disease dynamics," Journal of Health Economics, Elsevier, vol. 22(3), pages 361-377, May.
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