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. 2020 Jul:83:102913.
doi: 10.1016/j.annals.2020.102913. Epub 2020 Apr 2.

Coronavirus pandemic and tourism: Dynamic stochastic general equilibrium modeling of infectious disease outbreak

Yang Yang  1 , Hongru Zhang  2 , Xiang Chen  3
Affiliations

Coronavirus pandemic and tourism: Dynamic stochastic general equilibrium modeling of infectious disease outbreak

Yang Yang et al. Ann Tour Res. 2020 Jul.

Abstract

•We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the policy of providing tourism consumption vouchers for residents.

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Figures

Fig. 1
Fig. 1
Effect of a 1% increase in health disaster risk at different levels of risk persistence. (Note: ω-health disaster risk)
Fig. 2
Fig. 2
Effect of a 1% increase in health disaster risk at different disaster sizes.
Fig. 3
Fig. 3
Effect of a 1% increase in health disaster risk on tourism sector (role of health risk in tourism consumption).
Fig. 4
Fig. 4
Effect of a 1% increase in health disaster risk on welfare and its elements.
Fig. 5
Fig. 5
Effect of a 1% increase in health disaster risk under different tourism subsidy policies.
See this image and copyright information in PMC

References

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