Artikel
Saving lives during the COVID-19 pandemic: The benefits of the first Swiss lockdown
The implementation of a lockdown to control the spread of the COVID-19 pandemic has led to a strong economic and political debate in several countries. This makes it crucial to shed light on the actual benefits of such kind of policy. To this purpose, we focus on the Swiss lockdown during the first wave of COVID-19 infections and estimate the number of potentially saved lives. To predict the number of deaths in the absence of any restrictive measure, we develop a novel age-structured SIRDC model which accounts for age-specific endogenous behavioral responses and for seasonal patterns in the spread of the virus. Including the additional fatalities which would have materialized because of the shortage of healthcare resources, our estimates suggest that the lockdown prevented more than 11,200 deaths between March and the beginning of September 2020.
- Language
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Englisch
- Bibliographic citation
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Journal: Swiss Journal of Economics and Statistics ; ISSN: 2235-6282 ; Volume: 157 ; Year: 2021 ; Issue: 1 ; Pages: 1-21 ; Heidelberg: Springer
- Classification
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Wirtschaft
Health: Government Policy; Regulation; Public Health
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Crisis Management
- Subject
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COVID-19
Lockdown
Saved lives
SIRDC model
SIR model
Behavioral responses
- Event
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Geistige Schöpfung
- (who)
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Gatti, Nicolò
Retali, Beatrice
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2021
- DOI
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doi:10.1186/s41937-021-00072-2
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Gatti, Nicolò
- Retali, Beatrice
- Springer
Time of origin
- 2021