This model was designed from SIR model(susceptible, infected, revovered) to find out the effect of covid-19 outbreak into economic outcomes via government policy.
Assumptions
The government policy is triggered when number of infected is more than ten.
The government policies will take negative effect into Covid-19 outbreaks and financial system
Adjusted parameter: Immunity loss rate can be change from vaccination rate.
Government policy's parameters
Adjusted parameters: Testing rate(from 0.15 to 0.95), vaccination rate(from 0.3 to 1), travel ban(from 0 to 0.9), social distancing(from 0.1 to 0.8), Quarantine(from 0.1 to 0.9)
Economic's parameters
Fixed parameter: Tourism
Adjusted parameter: Economic growth rate(from 0.3 to 0.5)
Interesting insight
Increase vaccination rate and testing rate will decrease the number amount of infected case and a little bit more negative effect to economic system. However economic system still need a long time to recover in both cases.
BMA708_Assignment 3_ndkvo_520272_COVID-19 outbreak and Burnie economy
This page provides a structural analysis of POTUS Candidate Rick Perry's economic policy based on the information at: https://rickperry.org/issues/
The method used is Integrative Propositional Analysis (IPA)
available:
http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
Public utilities do
not need to make a profit. They can concentrate on providing a quality service,
a public good. By contrast, the primary objective of private utilities is not
to provide a public good, but profit and profitability. This simple CLD tries
to show the conflict that can arise from this and a hidden dynamic, a reinforcing
feedback loop, that can lead to disaster. Unfortunately, there are examples where
failure in infrastructure maintenance has led to disaster. On the 9th of July
2009, the German newspaper 'Welt Online' reported that the authorities in Berlin
had to intervene and force the
company that was running Berlin's S-Bahn (suburban rail service) to withdraw
half of all the city's trains from service because they were considered unsafe!
Something similar happened in the UK where failure to maintain rail tracks led
to serious accidents.
Private Utility's Objective: Provision of a Public Good or Profit?
Motesharrei, S.; Rivas, J.; Kalnay, E. "Human and nature dynamics (HANDY): Modelling inequality and use of resources in the collapse or sustainability of societies". Ecological Economics 101 (2014) 90-102
This page provides a structural analysis of POTUS Candidate Rand Paul's
economic policy based on the information at: https://www.randpaul.com/issue/spending-and-debt and also https://www.randpaul.com/issue/taxes The method used is Integrative
Propositional Analysis (IPA)
available:
http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
