Globalization and Infectious Diseases: Evidence on the Reproduction Rate of the COVID-19 Pandemic

Tuan Luong and Thu hang Nguyen, (2020) 'Globalization and Infectious Diseases: Evidence on the Reproduction Rate of the COVID-19 Pandemic', Economics Bulletin, Volume 40, Issue 2, pages 1675-1685

12 Pages Posted: 7 Jul 2020

See all articles by Tuan Anh Luong

Tuan Anh Luong

De Montfort University - Faculty of Business and Law

Thu hang Nguyen

Foreign Trade University (FTU)

Date Written: June 18, 2020

Abstract

In this paper we investigated the impact of globalization on infectious diseases and found that export values contributed greatly to the reproduction rate of the COVID-19 outbreak. We collected the number of new cases and deaths from the Worldometer and trade data from the International Trade Center. Our sample covered more than 100 countries. In addition, we applied the epidemiology model, namely the SIR model, to relate globalization to the infection rate. Our results indicated that high export values contributed to high infection rate, especially among high income countries. Finally the impacts were not identical across sectors: they ranged from positive in some sectors to insignificant and even negative in others.

Note: Funding: None to declare

Declaration of Interest: None to declare

Keywords: COVID-19; globalization; infectious diseases; reproduction rate; SIR model

JEL Classification: F1, I1

Suggested Citation

Luong, Tuan Anh and Nguyen, Thu hang, Globalization and Infectious Diseases: Evidence on the Reproduction Rate of the COVID-19 Pandemic (June 18, 2020). Tuan Luong and Thu hang Nguyen, (2020) 'Globalization and Infectious Diseases: Evidence on the Reproduction Rate of the COVID-19 Pandemic', Economics Bulletin, Volume 40, Issue 2, pages 1675-1685, Available at SSRN: https://ssrn.com/abstract=3633838

Tuan Anh Luong (Contact Author)

De Montfort University - Faculty of Business and Law ( email )

United Kingdom

Thu hang Nguyen

Foreign Trade University (FTU) ( email )

91 Chua Lang St
Dong Da District
Hanoi, Hochiminh city 10000
Vietnam

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