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Could this ever happen in Spain? Economic and policy aspects of a SARS-like episode

  • José A. Herce

This paper has attempted in a rather crude way to set an estimate of the economic consequences of a SARS-like epidemic outbreak in Spain having the country as a secondary hub of the disease. Per se, Spain could hardly be the origin of such an outbreak given her geographical situation but the country is increasingly taking part of global exchanges of persons and goods and in particular with countries where a like epidemics could originate. Several lessons can be derived from SARS the most important one being that prompt and effective action even at the expense of costly and unpopular isolation measures is the best way to limit the overall incidence irrespective of treatments being readily available or not. Based on available estimates on the economic consequences of SARS so far and taking into account the economic size and share of the Spanish tourist sector I estimate an upper range of between 1 and 2,4 billion euros in the “prompt and effective action” scenario according to the seasonal moment of occurrence of the outbreak if this were to happen in Spain.

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Paper provided by FEDEA in its series Working Papers with number 2004-09.

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Handle: RePEc:fda:fdaddt:2004-09
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  1. Tito Boeri & J. Ignacio Conde-Ruiz & Vincenzo Galasso, . "Protecting Against Labour Market Risk: Employment Protection or Unemployment Benefits?," Working Papers 2003-17, FEDEA.
  2. Namkee Ahn, & Juan F. Jimeno & Arantza Ugidos, . "“Mondays at the sun”: Unemployment, Time Use, and Consumption Patterns in Spain," Working Papers 2003-18, FEDEA.
  3. Francisco Pérez-Bermejo & Simón Sosvilla-Rivero, . "Currency Crises and Political Factors: Drawing Lessons from the EMS Experience," Working Papers 2004-04, FEDEA.
  4. Koeniger, Winfried & Licandro, Omar, 2004. "Substitutability and Competition in the Dixit-Stiglitz Model," IZA Discussion Papers 1007, Institute for the Study of Labor (IZA).
  5. Raouf BOUCEKKINE & David DE LA CROIX & Omar LICANDRO, 2004. "Modelling vintage structures with DDEs: principles and applications," Economics Working Papers ECO2004/06, European University Institute.
  6. Simón Sosvilla Rivero & Oscar Bajo Rubio & Carmen Díaz Roldán, . "Sobre la efectividad de la política regional comunitaria: El caso de Castilla-la Mancha," Studies on the Spanish Economy 178, FEDEA.
  7. Virginia Hernanz & Luis Toharia, . "Do temporary contracts increase work accidents? A microeconometric comparison between Italy and Spain," Working Papers 2004-02, FEDEA.
  8. Javier Alonso & Simón Sosvilla-Rivero, . "Capital humano en España: Una estimación del nivel de estudios alcanzado," Working Papers 2004-08, FEDEA.
  9. JuanJ. Dolado & Marcel Jansen & JuanF. Jimeno, 2009. "On-the-Job Search in a Matching Model with Heterogeneous Jobs and Workers," Economic Journal, Royal Economic Society, vol. 119(534), pages 200-228, 01.
  10. Luis A. Puch & Fabrice Collard & Omar Licandro, 2004. "The short-run dynamics of optimal growth models with delays," Computing in Economics and Finance 2004 117, Society for Computational Economics.
  11. Nora Lado & Omar Licandro & Francisco Pérez Bermejo, . "How Brand Names Affect the Price Setting of Carmakers Producing Twin Cars?," Working Papers 2003-27, FEDEA.
  12. Omar Licandro, & Reyes Maroto & Luis A. Puch, . "Innovation, investment and productivity: Evidence from Spanish firms," Working Papers 2003-30, FEDEA.
  13. Simón Sosvilla-Rivero & Emma García, . "Purchasing Power Parity Revisited," Working Papers 2003-20, FEDEA.
  14. J. Ignacio Conde-Rui & Javier Alonso, . "El futuro de las pensiones en España: Perspectivas y lecciones," Working Papers 2004-03, FEDEA.
  15. Juan Prieto & Juan Gabriel Rodríguez & Rafael Salas, . "Polarization, Inequality and Tax Reforms," Working Papers 2003-23, FEDEA.
  16. Simón Sosvilla-Rivero & Javier Alonso Meseguer, . "El efecto del capital humano sobre el crecimiento: ¿ Importa el periodo muestral?," Working Papers 2003-22, FEDEA.
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