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The international trade in human vaccines before Covid‐19

Dados Bibliográficos

ID21543422
AutoresAgustí Segarra‐Blasco (0000-0001-6316-3171, Department of Economics and ECO‐SOS, Research Group of Industry and Territory Universitat Rovira i Virgili Reus Spain), Mercedes Teruel (0000-0002-4104-7679, Department of Economics and ECO‐SOS, Research Group of Industry and Territory Universitat Rovira i Virgili Reus Spain), Sebastiano Cattaruzzo (0000-0001-8857-8314, Department of Economics Università Ca' Foscari Venezia Venice Italy, autor correspondente)
Ano2024
Volume47
Fascículo5
Páginas1978-2008
Data de publicação2024-05-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoWorld Economy (JOURNAL)
Identificadores do periódicoISSN: 0378-5920 • E-ISSN: 1467-9701
EditoraWiley (PUBLISHER • GB)
DOI10.1111/twec.13533
OpenAlexW4388203046
IdiomaEN
Referências citadas47

The recent COVID‐19 pandemic has highlighted the importance of global access to human vaccines. There is, however, no empirical work on either the unequal distribution of international trade or on its determinants. Applying a gravity model to the UN Comtrade database between 2000 and 2019, we explain the patterns of bilateral trade across 116 countries. Using the Poisson Pseudo‐Maximum Likelihood methodology, our results show that inequalities in international vaccine trade have steadily increased. In general, supply and demand drivers play a role in explaining the flow of human vaccines. The impact of these drivers varies depending on the income level of the importing country. High‐income countries intensify their flows with demand factors such as GDP per capita, or supply factors such as the location of big pharmaceutical companies. Conversely, low‐income countries receive more vaccines according to their population. Our results show that a poor country that houses a big pharmaceutical company acts as an exporting platform to developing and poor countries. Middle‐income countries present features similar to rich countries both by producing more and also by exporting more. The imbalance endangers the global fight against the current COVID‐19 pandemic

Business · Developing country · Development economics · Economic growth · Economics · Gravity model of trade · International economics · International trade · Pandemic · Per capita · Per capita income · Population · Global trade and economics · SARS-CoV-2 and COVID-19 Research · Vaccine Coverage and Hesitancy

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