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Globalization and Disease: The Case of SARS


  • Jong-Wha Lee


  • Warwick J. McKibbin



This paper is a revised version of a paper that was originally presented to the Asian Economic Panel meeting held in Tokyo, May 11-12, 2003 and the Pacific Economic Cooperation Council (PECC) Finance forum, Hua Hin, Thailand, July 8-9, 2003. We have updated that original paper to include the last known case of SARS as well as adjusting the scale of some shocks given new information on the duration of the SARS outbreak.

Suggested Citation

  • Jong-Wha Lee & Warwick J. McKibbin, 2003. "Globalization and Disease: The Case of SARS," Departmental Working Papers 2003-16, The Australian National University, Arndt-Corden Department of Economics.
  • Handle: RePEc:pas:papers:2003-16

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    References listed on IDEAS

    1. David E. Bloom & David Canning & Jaypee Sevilla, 2001. "The Effect of Health on Economic Growth: Theory and Evidence," NBER Working Papers 8587, National Bureau of Economic Research, Inc.
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    Cited by:

    1. George Verikios & Maura Sullivan & Pane Stojanovski & James Giesecke & Gordon Woo, 2016. "Assessing Regional Risks From Pandemic Influenza: A Scenario Analysis," The World Economy, Wiley Blackwell, vol. 39(8), pages 1225-1255, August.
    2. Joel Gilbourd, 2007. "APEC and Infectious Disease : Meeting the Challenge," Development Economics Working Papers 21903, East Asian Bureau of Economic Research.
    3. Gavin M. Schwarz & Kuo-Pin Yang & Christine Chou & Yu-Jen Chiu, 2020. "A classification of structural inertia: Variations in structural response," Asia Pacific Journal of Management, Springer, vol. 37(1), pages 33-63, March.
    4. George Verikios & Maura Sullivan & Pane Stojanovski & James Giesecke & Gordon Woo, 2011. "The Global Economic Effects of Pandemic Influenza," Centre of Policy Studies/IMPACT Centre Working Papers g-224, Victoria University, Centre of Policy Studies/IMPACT Centre.
    5. Joel Gilbourd, 2007. "APEC and Infectious Disease: Meeting the Challenge," Asia Pacific Economic Papers 367, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University.
    6. George Verikios, 2017. "The importance of periodicity in modelling infectious disease outbreaks," Discussion Papers in Economics economics:201711, Griffith University, Department of Accounting, Finance and Economics.
    7. Rutten, Martine & Reed, Geoffrey, 2009. "A comparative analysis of some policy options to reduce rationing in the UK's NHS: Lessons from a general equilibrium model incorporating positive health effects," Journal of Health Economics, Elsevier, vol. 28(1), pages 221-233, January.
    8. Marcus R. Keogh‐Brown & Simon Wren‐Lewis & W. John Edmunds & Philippe Beutels & Richard D. Smith, 2010. "The possible macroeconomic impact on the UK of an influenza pandemic," Health Economics, John Wiley & Sons, Ltd., vol. 19(11), pages 1345-1360, November.
    9. Smith, Richard D., 2006. "Responding to global infectious disease outbreaks: Lessons from SARS on the role of risk perception, communication and management," Social Science & Medicine, Elsevier, vol. 63(12), pages 3113-3123, December.
    10. Folinas, Sotiris & Metaxas, Theodore, 2020. "‘Tourism: The Great Patient of Coronavirus COVID-2019’," MPRA Paper 99666, University Library of Munich, Germany.
    11. George Verikios & James McCaw & Jodie McVernon & Anthony Harris, 2010. "H1N1 influenza in Australia and its macroeconomic effects," Centre of Policy Studies/IMPACT Centre Working Papers g-212, Victoria University, Centre of Policy Studies/IMPACT Centre.
    12. World Bank Group, 2014. "The Economic Impact of the 2014 Ebola Epidemic : Short- and Medium-Term Estimates for West Africa," World Bank Publications, The World Bank, number 20592, May.
    13. Deliana Kostova & Cynthia H. Cassell & John T. Redd & Desmond E. Williams & Tushar Singh & Lise D. Martel & Rebecca E. Bunnell, 2019. "Long‐distance effects of epidemics: Assessing the link between the 2014 West Africa Ebola outbreak and U.S. exports and employment," Health Economics, John Wiley & Sons, Ltd., vol. 28(11), pages 1248-1261, November.
    14. Döhrn, Roland, 2020. "Auswirkungen der COVID-19 Epidemie auf die chinesische Wirtschaft - eine erste Abschätzung," RWI Materialien 134, RWI - Leibniz-Institut für Wirtschaftsforschung.
    15. P. Beutels & W. J. Edmunds & R. D. Smith, 2008. "Partially wrong? Partial equilibrium and the economic analysis of public health emergencies of international concern," Health Economics, John Wiley & Sons, Ltd., vol. 17(11), pages 1317-1322, November.
    16. McKibbin, Warwick J. & Wilcoxen, Peter J., 2013. "A Global Approach to Energy and the Environment," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.),Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 995-1068, Elsevier.
    17. Martin Motl, 2020. "Impacts of the COVID-19 pandemic on the world economy," Occasional Publications - Chapters in Edited Volumes, in: CNB Global Economic Outlook - April 2020, pages 12-24, Czech National Bank.
    18. Landis MacKellar, 2007. "Pandemic Influenza: A Review," Population and Development Review, The Population Council, Inc., vol. 33(3), pages 429-451, September.
    19. Smith, Richard D. & Keogh-Brown, Marcus R. & Barnett, Tony, 2011. "Estimating the economic impact of pandemic influenza: An application of the computable general equilibrium model to the UK," Social Science & Medicine, Elsevier, vol. 73(2), pages 235-244, July.
    20. Christian Grimme & Robert Lehmann & Radek Šauer & Timo Wollmershäuser, 2020. "Abschätzung möglicher konjunktureller Folgen der Coronavirus-Epidemie," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(03), pages 53-54, March.

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