2020
DOI: 10.1101/2020.06.08.20125583
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An optimal lockdown relaxation strategy for minimizing the economic effects of covid–19 outbreak

Abstract: In order to recover the damage to the economy by the ongoing covid-19 pandemic, Sri Lanka is undergoing a gradual transition from strict lockdowns to partial lockdowns through relaxation of curfew and other moderated preventive measures. In this work, we propose an optimal lockdown relaxation strategy, which is aimed at minimizing the damage to the economy, while confining the covid-19 incidence to a level endurable by the available healthcare capacity in the country. The relevant optimization model turns out … Show more

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Cited by 4 publications
(1 citation statement)
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“…It is also important to consider the existence of trade-offs within the objective function, since minimizing both COVID-19 propagation and economic impacts might be two conflicting goals. On this line, Mahasinghe et al (2020) suggest that the lockdown strategies are non-linear. For example, in the case of Italy, Ciminelli and Garcia-Mandio (2020) offer evidence that the shutdown of service activities is effective in reducing COVID-19 mortality, although shutting down factories is less effective.…”
Section: Discussionmentioning
confidence: 99%
“…It is also important to consider the existence of trade-offs within the objective function, since minimizing both COVID-19 propagation and economic impacts might be two conflicting goals. On this line, Mahasinghe et al (2020) suggest that the lockdown strategies are non-linear. For example, in the case of Italy, Ciminelli and Garcia-Mandio (2020) offer evidence that the shutdown of service activities is effective in reducing COVID-19 mortality, although shutting down factories is less effective.…”
Section: Discussionmentioning
confidence: 99%