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Global mortality benefits of COVID-19 action

The rapid spread of COVID-19 motivated countries worldwide to mitigate mortality through actions including social distancing, home quarantine, school closures, and case isolation. We estimate the global mortality benefits of these actions. We use county-level data on COVID-19 from January 2020, proj...

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Detalles Bibliográficos
Autores principales: Yoo, Sunbin, Managi, Shunsuke
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7383174/
https://www.ncbi.nlm.nih.gov/pubmed/32834139
http://dx.doi.org/10.1016/j.techfore.2020.120231
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author Yoo, Sunbin
Managi, Shunsuke
author_facet Yoo, Sunbin
Managi, Shunsuke
author_sort Yoo, Sunbin
collection PubMed
description The rapid spread of COVID-19 motivated countries worldwide to mitigate mortality through actions including social distancing, home quarantine, school closures, and case isolation. We estimate the global mortality benefits of these actions. We use county-level data on COVID-19 from January 2020, project the number of mortalities until September 2020, and calculate the global mortality benefits using the age- and country-specific value of a statistical life (VSL). Implementing all four types of actions above would save approximately 40.76 trillion USD globally, with social distancing accounting for 55% of the benefits. The monetary benefit would be the largest in the US, Japan and China. Our findings indicate that global actions during COVID-19 have substantial economic benefits and must be implemented in response to COVID-19.
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spelling pubmed-73831742020-07-28 Global mortality benefits of COVID-19 action Yoo, Sunbin Managi, Shunsuke Technol Forecast Soc Change Article The rapid spread of COVID-19 motivated countries worldwide to mitigate mortality through actions including social distancing, home quarantine, school closures, and case isolation. We estimate the global mortality benefits of these actions. We use county-level data on COVID-19 from January 2020, project the number of mortalities until September 2020, and calculate the global mortality benefits using the age- and country-specific value of a statistical life (VSL). Implementing all four types of actions above would save approximately 40.76 trillion USD globally, with social distancing accounting for 55% of the benefits. The monetary benefit would be the largest in the US, Japan and China. Our findings indicate that global actions during COVID-19 have substantial economic benefits and must be implemented in response to COVID-19. Elsevier Inc. 2020-11 2020-07-27 /pmc/articles/PMC7383174/ /pubmed/32834139 http://dx.doi.org/10.1016/j.techfore.2020.120231 Text en © 2020 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Yoo, Sunbin
Managi, Shunsuke
Global mortality benefits of COVID-19 action
title Global mortality benefits of COVID-19 action
title_full Global mortality benefits of COVID-19 action
title_fullStr Global mortality benefits of COVID-19 action
title_full_unstemmed Global mortality benefits of COVID-19 action
title_short Global mortality benefits of COVID-19 action
title_sort global mortality benefits of covid-19 action
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7383174/
https://www.ncbi.nlm.nih.gov/pubmed/32834139
http://dx.doi.org/10.1016/j.techfore.2020.120231
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