Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/307055 
Year of Publication: 
2023
Citation: 
[Journal:] International Journal of Health Economics and Management [ISSN:] 2199-9031 [Volume:] 23 [Issue:] 4 [Publisher:] Springer US [Place:] New York, NY [Year:] 2023 [Pages:] 585-607
Publisher: 
Springer US, New York, NY
Abstract: 
The ability of various policy activities to reduce the reproduction rate of the COVID-19 disease is widely discussed. Using a stringency index that comprises a variety of lockdown levels, such as school and workplace closures, we analyze the effectiveness of government restrictions. At the same time, we investigate the capacity of a range of lockdown measures to lower the reproduction rate by considering vaccination rates and testing strategies. By including all three components in an SIR (Susceptible, Infected, Recovery) model, we show that a general and comprehensive test strategy is instrumental in reducing the spread of COVID-19. The empirical study demonstrates that testing and isolation represent a highly effective and preferable approach towards overcoming the pandemic, in particular until vaccination rates have risen to the point of herd immunity.
Subjects: 
Pandemics
COVID-19
Economics
Vaccination
Testing
Non-pharmaceutical interventions
Effectiveness
JEL: 
I18
C23
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article
Document Version: 
Published Version

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