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Record W3204767138 · doi:10.1080/13571516.2021.1976051

Covid-19 Lockdown Cost/Benefits: A Critical Assessment of the Literature

2021· article· en· W3204767138 on OpenAlexaffabout
Douglas W. Allen

Bibliographic record

VenueInternational Journal of the Economics of Business · 2021
Typearticle
Languageen
FieldMathematics
TopicCOVID-19 epidemiological studies
Canadian institutionsSimon Fraser University
Fundersnot available
KeywordsCoronavirus disease 2019 (COVID-19)PeacetimeEconomicsPoint estimation2019-20 coronavirus outbreakCost–benefit analysisSevere acute respiratory syndrome coronavirus 2 (SARS-CoV-2)Point (geometry)EconometricsPercentage pointActuarial scienceStatisticsGeographyMathematicsMedicinePolitical science

Abstract

fetched live from OpenAlex

An examination of over 100 Covid-19 studies reveals that many relied on false assumptions that over-estimated the benefits and under-estimated the costs of lockdown. The most recent research has shown that lockdowns have had, at best, a marginal effect on the number of Covid-19 deaths. Generally speaking, the ineffectiveness stemmed from individual changes in behavior: either non-compliance or behavior that mimicked lockdowns. The limited effectiveness of lockdowns explains why, after more than one year, the unconditional cumulative Covid-19 deaths per million is not negatively correlated with the stringency of lockdown across countries. Using a method proposed by Professor Bryan Caplan along with estimates of lockdown benefits based on the econometric evidence, I calculate a number of cost/benefit ratios of lockdowns in terms of life-years saved. Using a mid-point estimate for costs and benefits, the reasonable estimate for Canada is a cost/benefit ratio of 141. It is possible that lockdown will go down as one of the greatest peacetime policy failures in modern history.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.112
metaresearch head score (Gemma)0.315
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Systematic review · Consensus signal: none
GenreCandidate signal: Review · Consensus signal: Review
Teacher disagreement score0.112
Threshold uncertainty score0.594

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.1120.315
Meta-epidemiology (narrow)0.0020.002
Meta-epidemiology (broad)0.0040.005
Bibliometrics0.0490.028
Science and technology studies0.0020.010
Scholarly communication0.0120.015
Open science0.0050.004
Research integrity0.0070.009
Insufficient payload (model declined to judge)0.0080.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.152
GPT teacher head0.437
Teacher spread0.285 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSystematic review
Domainnot available
GenreReview

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations182
Published2021
Admission routes2
Has abstractyes

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Same venueInternational Journal of the Economics of BusinessSame topicCOVID-19 epidemiological studiesFrench-language works237,207