Economic Impact Analysis: National Plan to Transition to Australia’s National COVID 19 Response
In this paper, Treasury estimates the direct economic costs of the COVID‑19 management strategies modelled by the Doherty Institute through analysis of the direct impacts of activity restrictions and lockdowns used to manage the virus and contain outbreaks. By combining the estimated economics costs of each type of Public Health and Social Measures with the Doherty Institute’s estimates of the length of time each is required under different virus management strategies, this analysis considers the relative cost effectiveness of different types of health interventions and potential responses to outbreaks of COVID-19.
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