Coronavirus pandemic and tourism: Dynamic stochastic general equilibrium modeling of infectious disease outbreak

•We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the policy of providing tourism consumption vouchers for residents.

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Bibliographic Details
Published in:Annals of tourism research Vol. 83; p. 102913
Main Authors: Yang, Yang, Zhang, Hongru, Chen, Xiang
Format: Journal Article
Language:English
Published: England Elsevier Ltd 01.07.2020
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ISSN:0160-7383, 1873-7722, 1873-7722
Online Access:Get full text
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Summary:•We propose a DSGE model to examine the impact of the coronavirus outbreak on tourism.•The model is generalizable to any epidemic.•The model supports the policy of providing tourism consumption vouchers for residents.
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ISSN:0160-7383
1873-7722
1873-7722
DOI:10.1016/j.annals.2020.102913