While you’re here… help us stay here.
Are you enjoying open access to policy and research published by a broad range of organisations? Please donate today so that we can continue to provide this service.
Report
A cost benefit analysis of 5 extra days at COVID-19 alert level 4
Publisher
COVID-19
Pandemics
Economic forecasting
New Zealand
Resources
| Attachment | Size |
|---|---|
 A cost benefit analysis of 5 extra days at COVID-19 alert level 4
|
269.66 KB |
Description
COVID-19 is both a health and an economic crisis for New Zealand. How it handles the health crisis affects the economy, and how it handles the economic crisis will affect New Zealander’s health in the future. Looking at health or economic costs in isolation risks presenting a skewed picture of the overall situation. This document together estimates of health and economic costs into one model.
Key finding
- The direct economic costs of the 5-day extension come from the restriction of economic activity. Treasury calculate a 15% loss of economic output at level 4 relative. Costing the country approximately $749 million.
Publication Details
Copyright:
Crown Copyright 2020
License type:
CC BY
Access Rights Type:
open
Post date:
18 Aug 2020
