Optimal Lockdown Strategy in a Pandemic: An Exploratory Analysis for Covid-19

• Tác giả: Gopal K Basak, Chandramauli Chakraborty, Pranab Kumar Das
• Ngôn ngữ: eng
• Ký hiệu phân loại: 362.1962414 Physical illness
• Thông tin xuất bản: 2021
• Bộ sưu tập: Metadata
• ID: 167762

Tóm tắt

Comment: 17 pages plus 22 figures and 6 tablesThe paper addresses the question of lives versus livelihood in an SIRD model augmented with a macroeconomic structure. The constraints on the availability of health facilities - both infrastructure and health workers determine the probability of receiving treatment which is found to be higher for the patients with severe infection than the patients with mild infection for the specific parametric configuration of the paper. Distinguishing between two types of direct intervention policy - hard lockdown and soft lockdown, the study derives alternative policy options available to the government. The study further indicates that the soft lockdown policy is optimal from a public policy perspective under the specific parametric configuration considered in this paper.