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    Export policy cooperation in a pandemic: the good, the bad and the hopeful


    Dewit, Gerda and Leahy, Dermot (2025) Export policy cooperation in a pandemic: the good, the bad and the hopeful. Economica, 92 (365). pp. 199-229. ISSN 0013-0427

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    Abstract

    We develop a model in which vaccine‐producing firms from different developed countries supply vaccines to the developing world during a pandemic. Exporting countries experience a negative externality from incomplete global vaccination, which they try to mitigate by exporting vaccines to developing countries. A cooperative export policy is compared to the alternative regimes of non‐cooperation and non‐intervention. When the negative externality is low, cooperation among exporting countries is worse for global welfare than non‐intervention. However, at high externality levels, export policy cooperation is globally superior to non‐cooperative export subsidization. It then even has the potential to maximize global welfare.
    Item Type: Article
    Keywords: developing world; export; trade policy; vaccination; vaccine;
    Academic Unit: Faculty of Social Sciences > Economics, Finance and Accounting
    Item ID: 19640
    Identification Number: 10.1111/ecca.12552
    Depositing User: Gerda Dewit
    Date Deposited: 03 Apr 2025 14:54
    Journal or Publication Title: Economica
    Publisher: Wiley
    Refereed: Yes
    Related URLs:
    URI: https://mural.maynoothuniversity.ie/id/eprint/19640
    Use Licence: This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here

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