H1N1 influenza and the Australian macroeconomy
Bibliographic Data
| ID | 12549767 |
|---|---|
| Authors | George Verikios (0000-0002-1210-2755, Monash University, corresponding author), James M McCaw (0000-0002-2452-3098, The University of Melbourne), Jodie McVernon (0000-0001-9774-1961, Murdoch Children's Research Institute), Anthony Harris (0000-0003-1641-3320, Monash University), Anthony H Harris |
| Year | 2012 |
| Volume | 17 |
| Issue | 1 |
| Pages | 22-51 |
| Publication date | 2012-01-06 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of the Asia Pacific Economy (JOURNAL) |
| Journal identifiers | ISSN: 1354-7860 • E-ISSN: 1469-9648 |
| Publisher | Routledge (PUBLISHER • GB) |
| DOI | 10.1080/13547860.2012.639999 |
| OpenAlex | W2114607627 |
| Language | EN |
| Citations received | 8 |
| References cited | 38 |
Early 2009 saw the emergence of an H1N1 influenza epidemic in North America that eventually spread to become the first pandemic of the twenty-first century. Previous work has suggested that pandemics and near-pandemics can have large macroeconomic effects on highly affected regions; here, we estimate what those effects might be for Australia. Our analysis applies the MONASH-Health model: a computable general equilibrium model of the Australian economy. We deviate from previous work by incorporating two important short-run mechanisms in our analytical framework: quarterly periodicity and excess capacity. The analysis supports the assertion that an H1N1 epidemic could have significant short-run macroeconomic effects but the size of these effects is highly dependent on the degree of inertia in the markets for physical capital and labour
Assertion · Computable general equilibrium · Coronavirus disease 2019 (COVID-19 · Development economics · Economics · H1N1 influenza · Inertia · Influenza pandemic · Macroeconomics · Pandemic · Work (physics · Agricultural risk and resilience · COVID-19 epidemiological studies · COVID-19 Pandemic Impacts
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| Unique citing works | 8 |
|---|---|
| Citations per year | 0.8 |
| Citation span | 2016 - 2024 (9) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 8 |