Pongou, Roland and Tondjj, Jean-Baptiste and Sidie, Ghislain Junior and Tchuente, Guy (2022) Profits, Pandemics, and Lockdown Effectiveness: Theory and Evidence from Nursing Home Networks. Working paper. SSRN (Submitted) (KAR id:98818)
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Official URL: http://dx.doi.org/10.2139/ssrn.4231199 |
Abstract
Do the effects of government policy response to health crises differ for for-profit and not-for-profit organizations? We address this question through the lens of a two-sector continuous-time individual-based mean-field theoretical model that incorporates a non-random social network. Using unique data on nursing home networks in the United States, we calibrate the model and jointly quantify state-level lockdown effectiveness and preference for enforcing stringent containment strategies during the COVID-19 pandemic. We validate our estimated policy measures using external data. Simulations and regression-based analyses show significant interactions between lockdown effectiveness and the ownership status of a nursing home. In particular, differences in COVID-19 death rates between for-profit and not-for-profit nursing homes are driven by lockdown effectiveness.
Item Type: | Reports and Papers (Working paper) |
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Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Divisions > Division of Human and Social Sciences > School of Economics |
Depositing User: | Guy Tchuente Nguembu |
Date Deposited: | 06 Dec 2022 22:32 UTC |
Last Modified: | 09 Dec 2022 10:30 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/98818 (The current URI for this page, for reference purposes) |
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