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Lessons from COVID'S Vaccination: External-Internal Frictions and Efficiency
Aldo Ramirez-Zamudio1, Elmer Sanchez Davila2
1Department of Economics, Universidad de Lima, Av. Javier Prado Este 4600, Lima 15023, Peru.
Higher vaccination rates and education reduce the emergence of new COVID-19 variants. Conversely, crowded cities and urbanization increase variant emergence, while vaccination is boosted by health preparedness and economic complexity.
Area of Science:
- Epidemiology
- Public Health
- Health Economics
Background:
- The emergence of new COVID-19 variants poses a significant global health threat.
- Understanding the socio-economic drivers of variant emergence and vaccination progress is crucial for pandemic control.
Purpose of the Study:
- To investigate economic and social determinants influencing the emergence of new COVID-19 variants.
- To identify factors affecting vaccination advances across 108 countries between March 2020 and March 2022.
Main Methods:
- Econometric analysis of quarterly data from 108 countries.
- Variables examined include vaccination rates, education levels, urbanization, city crowding, health crisis preparedness, and economic complexity.
Main Results:
- Increased full vaccination coverage and higher education levels were associated with a decreased probability of new COVID-19 variant emergence.
- Higher population density in cities and greater urbanization increased the likelihood of variant emergence.
- Vaccination percentages were positively correlated with health crisis preparedness, education, and economic complexity index.
- Higher rural population percentages negatively impacted vaccination rates due to logistical challenges.
Conclusions:
- Socio-economic factors significantly influence both COVID-19 variant emergence and vaccination campaign success.
- Investing in education, health infrastructure, and economic complexity can bolster vaccination efforts and mitigate variant emergence.
- Urbanization and population density present challenges that require targeted strategies for pandemic management.
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