A sustainable pandemic response: The impact of COVID-19 vaccination coverage on economic policy uncertainty

被引:3
作者
Li, Shi [1 ]
Li, Meng [1 ,2 ,3 ]
Fu, Rongsha [1 ]
机构
[1] Harbin Inst Technol, Sch Management & Econ, Harbin, Peoples R China
[2] Shantou Univ, Inst Local Govt Dev, Shantou, Peoples R China
[3] 92 Xidazhi St, Harbin City 150001, Heilongjiang Pr, Peoples R China
关键词
Economic policy uncertainty; COVID-19; Vaccination coverage; Government response; RETURNS; PREDICT; HEALTH;
D O I
10.1016/j.iref.2024.02.055
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
The rise in Economic Policy Uncertainty (EPU) is a manifestation of the unsustainability of response policies to COVID-19. We used panel data from 21 countries to investigate the impact of COVID-19 vaccination coverage on EPU. The results showed that vaccination significantly reduced the EPU. Reducing the spread of the pandemic was not the mechanism. Further analysis indicated that the active response from the government has enhanced this effect, as vaccination has altered unsustainable issues. Our study suggests that vaccines are not alternatives to intervention policies but are complementary, and policymakers should opt for a policy mix.
引用
收藏
页码:316 / 332
页数:17
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