Economic Considerations in COVID-19 Vaccine Hesitancy and Refusal: A Survey of the Literature

Louise Rawlings, Jeffrey Looi, Stephen Robson

    Research output: Contribution to journalArticle

    Abstract

    The COVID-19 global pandemic has triggered one of the greatest economic shocks in a century. Effective COVID-19 vaccines have been developed, but a proportion of people either are hesitant or refuse to be vaccinated, facilitated by a global misinformation campaign. If ‘herd immunity’ cannot be achieved, there is potential not only for ongoing surges in infection, but also for development of new strains of the virus that could evade vaccines and precipitate further health and economic crises. We review the economics of vaccination and of vaccine hesitancy and refusal, and their potential effects on the recovery from the COVID-19 pandemic.
    Original languageEnglish
    Pages (from-to)214 - 229
    JournalEconomic Record
    Volume98
    Issue number321
    DOIs
    Publication statusPublished - 2022

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