About: Cross-Country Comparisons of Covid-19: Policy, Politics and the Price of Life

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An Entity of Type : schema:ScholarlyArticle, within Data Space : covidontheweb.inria.fr associated with source document(s)

Attributes	Values
type	Academic Article research paper schema:ScholarlyArticle
isDefinedBy	Covid-on-the-Web dataset
has title	Cross-Country Comparisons of Covid-19: Policy, Politics and the Price of Life
Creator	Altoè, · Annan, James Balmford, B Balmford, Ben Bateman, Ian Hargreaves, Julia
Source	Medline; PMC
abstract	Coronavirus has claimed the lives of over half a million people world-wide and this death toll continues to rise rapidly each day. In the absence of a vaccine, non-clinical preventative measures have been implemented as the principal means of limiting deaths. However, these measures have caused unprecedented disruption to daily lives and economic activity. Given this developing crisis, the potential for a second wave of infections and the near certainty of future pandemics, lessons need to be rapidly gleaned from the available data. We address the challenges of cross-country comparisons by allowing for differences in reporting and variation in underlying socio-economic conditions between countries. Our analyses show that, to date, differences in policy interventions have out-weighed socio-economic variation in explaining the range of death rates observed in the data. Our epidemiological models show that across 8 countries a further week long delay in imposing lockdown would likely have cost more than half a million lives. Furthermore, those countries which acted more promptly saved substantially more lives than those that delayed. Linking decisions over the timing of lockdown and consequent deaths to economic data, we reveal the costs that national governments were implicitly prepared to pay to protect their citizens as reflected in the economic activity foregone to save lives. These ‘price of life’ estimates vary enormously between countries, ranging from as low as around $100,000 (e.g. the UK, US and Italy) to in excess of $1million (e.g. Denmark, Germany, New Zealand and Korea). The lowest estimates are further reduced once we correct for under-reporting of Covid-19 deaths. ELECTRONIC SUPPLEMENTARY MATERIAL: The online version of this article (10.1007/s10640-020-00466-5) contains supplementary material, which is available to authorized users.
has issue date	2020-08-04(xsd:dateTime)
bibo:doi	10.1007/s10640-020-00466-5
bibo:pmid	32836862
has license	cc-by
sha1sum (hex)	2452387993aa1802f8a5faacb258091dbabe32e3
schema:url	https://doi.org/10.1007/s10640-020-00466-5
resource representing a document's title	Cross-Country Comparisons of Covid-19: Policy, Politics and the Price of Life
has PubMed Central identifier	PMC7400753
has PubMed identifier	32836862
schema:publication	Environ Resour Econ (Dordr)
resource representing a document's body	covid:2452387993aa1802f8a5faacb258091dbabe32e3#body_text
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