Export policy cooperation in a pandemic
The good, the bad and the hopeful
Bibliographic Data
| ID | 9728340 |
|---|---|
| Authors | Gerda Dewit (0000-0003-2287-1950, National University of Ireland, Maynooth, corresponding author), Dermot Leahy (National University of Ireland, Maynooth) |
| Year | 2025 |
| Volume | 92 |
| Issue | 365 |
| Pages | 199-229 |
| Publication date | 2025-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ecca.12552 |
| OpenAlex | W4403199696 |
| Language | EN |
| References cited | 16 |
We develop a model in which vaccine‐producing firms from different developed countries supply vaccines to the developing world during a pandemic. Exporting countries experience a negative externality from incomplete global vaccination, which they try to mitigate by exporting vaccines to developing countries. A cooperative export policy is compared to the alternative regimes of non‐cooperation and non‐intervention. When the negative externality is low, cooperation among exporting countries is worse for global welfare than non‐intervention. However, at high externality levels, export policy cooperation is globally superior to non‐cooperative export subsidization. It then even has the potential to maximize global welfare
Business · Coronavirus disease 2019 (COVID-19) · Economics · International economics · International trade · Pandemic · Agricultural risk and resilience · Global trade and economics · International Development and Aid · Medicine
| Citation velocity | historical |
|---|---|
| Highly cited | No |