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Determinants of COVID-19 Vaccine Rollouts and Their Effects on Health Outcomes / Pragyan Deb, Davide Furceri, Daniel Jimenez, Siddharth Kothari, Jonathan Ostry, Nour Tawk.

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Format:
Book
Government document
Author/Creator:
Deb, Pragyan.
Contributor:
Furceri, Davide.
Jimenez, Daniel.
Kothari, Siddharth.
Ostry, Jonathan.
Tawk, Nour.
Series:
IMF Working Papers; Working Paper ; No. 2021/247
IMF Working Papers
Language:
English
Physical Description:
1 online resource (51 pages)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2021.
Summary:
This paper examines empirically the determinants of COVID-19 vaccine rollouts and their effects on health outcomes. We assemble a comprehensive and novel cross-country database at a daily frequency on vaccinations and various health outcomes (new COVID-19 cases, fatalities, intensive care unit (ICU) admissions) for the period December 16, 2020-June 20, 2021. Using this data, we find that: (i) early vaccine procurement, domestic production of vaccines, the severity of the pandemic, a country’s health infrastructure, and vaccine acceptance are significant determinants of the speed of vaccination rollouts; (ii) vaccine deployment significantly reduces new COVID-19 infections, Intensive Care Unit (ICU) admissions, and fatalities, and is more effective when coupled with stringent containment measures, or when a country is experiencing a large outbreak; and (iii) COVID-19 cases in neighboring countries can lead to an increase in a country’s domestic caseload, and hamper efforts in taming its own local outbreak.
Notes:
Description based on print version record.
ISBN:
9781589066342
1589066340

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