The economic benefits and costs of COVID-19 mitigation measures in Mexico

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1 juin 2021

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Estudios Económicos (México, D.F.)

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Ce document est lié à :
10.24201/ee.v36i1.415

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SciELO : Scientific Electronic Library Online

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SciELO

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info:eu-repo/semantics/openAccess

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COVID-19 Mexico cost-benefit epidemic H12 D16 H42

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Rubén Irvin Rojas Valdés, « The economic benefits and costs of COVID-19 mitigation measures in Mexico », Estudios Económicos (México, D.F.), ID : 10670/1.g6l3lf

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: In this paper I calculate the daily flows of COVID-19 cases under the scenario of social distance and restricted economic activity implemented during the first months after the beginning of the epidemic, and under a counterfactual uncontrolled scenario with no mitigation measures. I estimate that social distance policies reduce the number of COVID-19 cases by 33%, saving over 292,000 lives. The benefits of these measures are monetized as 526 billion USD. Under a plausible economic recovery trajectory, I estimate that the net cost of mitigation in terms of output gap is equal to 35% of Mexico’s 2019 GDP.

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