Special Issue "The COVID-19 Pandemic and Its Management: Insights from Health Economics"

A special issue of International Journal of Environmental Research and Public Health (ISSN 1660-4601). This special issue belongs to the section "Health Economics".

Deadline for manuscript submissions: 31 December 2021.

Special Issue Editors

Prof. Dr. José-María Abellán
E-Mail Website
Guest Editor
Department of Applied Economics, Faculty of Economics and Business, University of Murcia, 5 - 30100 - Murcia, Spain
Interests: health economics; behavioral economics; experimental economics
Dr. Fernando Sánchez-Martínez
E-Mail Website
Assistant Guest Editor
Department of Applied Economics, Faculty of Economics and Business, University of Murcia, 5 - 30100 - Murcia, Spain
Interests: health economics; experimental economics; public economics
Prof. Dr. Ángel López-Nicolás
E-Mail Website
Assistant Guest Editor
Department of Economics and Finance, Faculty of Business Science, Polytechnic University of Cartagena, 30202 - Cartagena, Spain
Interests: health economics; public economics; policy evaluation

Special Issue Information

Dear Colleagues,

The Covid-19 pandemic is having huge economic and social impact over the entire world. Regarding costs, the pandemic imposes both direct and indirect costs: The former include healthcare expenditure devoted to the treatment of Covid-19 patients; whereas the latter include, on the one hand, losses of productive capacity due to sick leave, disability, and the death of Covid-19 patients, and, on the other hand, losses associated with non-Covid-19 patients as a consequence of delayed care by overwhelmed healthcare systems. On the outcomes side, the pandemic causes losses of health and life years for both Covid-19 and non-Covid-19 patients. Moreover, there is a second set of impacts that stems from the disruption to economic activity caused by nonpharmaceutical interventions (NPIs) implemented by governments, such as social distancing measures (e.g., school and workplace closures), personal protective measures (e.g., wearing face masks), environmental measures (e.g., surface and object cleaning and ventilation), and travel-related measures (e.g., border closures). With no effective antiviral drugs or vaccines available in the immediate future, prevention of infection by means of NPIs is the main (and perhaps only) available lever to “flatten the curve”, and these NPIs will continue imposing severe costs in the form of forgone economic activity, subsequent business failures, and unemployment. Papers addressing these topics containing both theoretical and empirical analyses are invited for this Special Issue.

Prof. Dr. José-María Abellán
Guest Editor

Dr. Fernando Sánchez-Martínez
Prof. Dr. Ángel López-Nicolás
Assistant Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. International Journal of Environmental Research and Public Health is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2300 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Covid-19
  • Nonpharmaceutical interventions (NPIs)
  • Economic evaluation
  • Behavioral change

Published Papers (2 papers)

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Research

Article
The Impact of COVID-19 Pandemic on Stock Market: Evidence from Romania
Int. J. Environ. Res. Public Health 2021, 18(17), 9315; https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph18179315 - 03 Sep 2021
Viewed by 733
Abstract
The current health crisis has several socioeconomic influences that could be compared to those experienced during the 2008 economic and financial crisis. Governments around the world are making great efforts to sustain markets as there are signs showing that the health crisis will [...] Read more.
The current health crisis has several socioeconomic influences that could be compared to those experienced during the 2008 economic and financial crisis. Governments around the world are making great efforts to sustain markets as there are signs showing that the health crisis will be followed by an economic crisis. In this study, we aim to investigate the impact of COVID-19 on the Romanian stock market. For this purpose, we considered the influence on the Bucharest Exchange Trading (BET) index of such variables as the number of new cases and the number of new deaths caused by COVID-19, measures taken by authorities, and the international economic context. The collected data covered the period between 11 March 2020 and 30 April 2021. The Autoregressive Distributed Lag (ARDL) Bound cointegration test was used to measure the impact of COVID-19 on the stock market. The results showed a significant long-term negative impact of the pandemic on the BET index for Romania, while the European economic context had a positive influence. Therefore, these results could be used by authorities as a good guideline for the efficient management of measures that aim to reduce the negative effects of the healthcare crisis. Full article
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Article
The Economic Impact of the SARS-COV-2 (COVID-19) Pandemic in Spain
Int. J. Environ. Res. Public Health 2021, 18(9), 4708; https://0-doi-org.brum.beds.ac.uk/10.3390/ijerph18094708 - 28 Apr 2021
Cited by 2 | Viewed by 1083
Abstract
Background: The COVID-19 pandemic has hit both the Spanish economy and the population’s health hard. The result is an unprecedented economic and social crisis due to uncertainty about the remedy and the socioeconomic effects on people’s lives. Methods: We performed a retrospective analysis [...] Read more.
Background: The COVID-19 pandemic has hit both the Spanish economy and the population’s health hard. The result is an unprecedented economic and social crisis due to uncertainty about the remedy and the socioeconomic effects on people’s lives. Methods: We performed a retrospective analysis of the macroeconomic impact of the COVID-19 pandemic in 2020 using key indicators of the Spanish economy for the 17 Autonomous Communities (ACs) of the country. National statistics were examined in the search for impacts or anomalies occurring since the beginning of the pandemic. To estimate the strength of the impact on each of the indicators analyzed, we used Bayesian structural time series. We also calculated the correlation between the rate of GDP decline during 2020 and the cumulative incidence of COVID-19 cases per 100,000 inhabitants in the ACs. Results: In 2020, the cumulative impact on the gross domestic product was of −11.41% (95% credible interval: −13.46; −9.29). The indicator for business turnover changed by −9.37% (−12.71; −6.07). The Spanish employment market was strongly affected; our estimates showed a cumulative increase of 11.9% (4.27; 19.45) in the rate of unemployment during 2020. The worst indicators were recorded in the ACs most economically dependent on the services sector. There was no statistical association between the incidence of COVID-19 in 2020 and the fall in GDP in the ACs. Conclusions: Our estimates portray a dramatic situation in Spain, where the COVID-19 crisis has had more serious economic and health consequences than in other European countries. The productive system in Spain is too dependent on sectors vulnerable to the pandemic, and it is necessary to design and implement profound changes through the European Next Generation program. Full article
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Planned Papers

The below list represents only planned manuscripts. Some of these manuscripts have not been received by the Editorial Office yet. Papers submitted to MDPI journals are subject to peer-review.

Title: Nudges to Fight COVID-19: Insights from Behavioral Health Economics
Authors: David Jimenez-Gomez and Jose-Maria Abellan
Affiliations: Department of Economics, University of Alicante, Spain; et al.

Title: Economic Evaluation of Non-Pharmaceutical Interventions on COVID-19 from a Behavioural Perspective
Authors: Jose-Maria Abellan, Angel Lopez-Nicolas, Fernando-Ignacio Sanchez and David Jimenez-Gomez
Affiliations: Department of Applied Economics, Faculty of Economics and Business, University of Murcia, Spain; et al.
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