Health and Healthcare Systems

Coronavirus: An economist’s view of the epidemiological curve

Members of a cleaning crew high-five before entering the Life Care Center of Kirkland, the Seattle-area nursing home at the epicenter of one of the biggest coronavirus outbreaks in the United States, in Kirkland, Washington, U.S. March 12, 2020 Coronavirus china virus health healthcare who world health organization disease deaths pandemic epidemic worries concerns Health virus contagious contagion viruses diseases disease lab laboratory doctor health dr nurse medical medicine drugs vaccines vaccinations inoculations technology testing test medicinal biotechnology biotech biology chemistry physics microscope research influenza flu cold common cold bug risk symptomes respiratory china iran italy europe asia america south america north washing hands wash hands coughs sneezes spread spreading precaution precautions health warning covid 19 cov SARS 2019ncov wuhan sarscow wuhanpneumonia  pneumonia outbreak patients unhealthy fatality mortality elderly old elder age serious death deathly deadly

Richard Baldwin warns of grave errors, if analysts believe that COVID-19 will follow an exponential curve. Image: REUTERS/David Ryder

Richard Baldwin
Professor of International Economics, Graduate Institute, Geneva
  • An economist shares his view on the epidemiological curve and explains why it's not exponential.
  • Flattening the peak has been the main goal of administrations across the world, to reduce pressure on their healthcare systems but it is likely infections will rise rapidly, peak, and then decline.

Have you seen the zombie movie “World War Z” with Brad Pitt? One zombie makes two, who make four, who – well, this quickly gets out of hand. In a flash, a supermarket full of humans becomes a raging mass of slavering zombies in Hollywood’s finest make-up.

Have you read?
  • This is not an exponential growth process.

Why? While zombies never die and they never get better, they do eventually have trouble finding new victims. What’s more, surviving non-zombies start taking extreme containment measures that reduce the rate of infection – and produce great drama. COVID-19 is not the zombie disease – no surprise there – but it may help us think about the virus’s epidemiological features.

With COVID-19, most patients get better (over 70,000 have recovered from the disease), some do, tragically, die, and uninfected people start taking measures to reduce the rate of infection.

  • That is why the number of new cases is not exponential. It rises rapidly, peaks, and then declines. It’s called the epidemiological curve (‘epi curve’ for short).

It is well known to epidemiologists. It’s not a theory, or conjecture. It plays itself out every flu season (Figure 1a, 1b). The Centers for Disease Control and Prevention (CDC) even has names for the stages, as shown in the bottom panel of Figure 1b: investigation, recognition, initiation, acceleration, deceleration, etc.

Coronavirus china virus health healthcare who world health organization disease deaths pandemic epidemic worries concerns Health virus contagious contagion viruses diseases disease lab laboratory doctor health dr nurse medical medicine drugs vaccines vaccinations inoculations technology testing test medicinal biotechnology biotech biology chemistry physics microscope research influenza flu cold common cold bug risk symptomes respiratory china iran italy europe asia america south america north washing hands wash hands coughs sneezes spread spreading precaution precautions health warning covid 19 cov SARS 2019ncov wuhan sarscow wuhanpneumonia  pneumonia outbreak patients unhealthy fatality mortality elderly old elder age serious death deathly deadly
Figure 1a Typical seasonal flu epi curve for Canada, and CDC epi curve ‘intervals’. Image: Dena et al (2010)
Coronavirus china virus health healthcare who world health organization disease deaths pandemic epidemic worries concerns Health virus contagious contagion viruses diseases disease lab laboratory doctor health dr nurse medical medicine drugs vaccines vaccinations inoculations technology testing test medicinal biotechnology biotech biology chemistry physics microscope research influenza flu cold common cold bug risk symptomes respiratory china iran italy europe asia america south america north washing hands wash hands coughs sneezes spread spreading precaution precautions health warning covid 19 cov SARS 2019ncov wuhan sarscow wuhanpneumonia  pneumonia outbreak patients unhealthy fatality mortality elderly old elder age serious death deathly deadly
Figure 1b Typical seasonal flu epi curve for Canada, and CDC epi curve ‘intervals’. Image: Dena et al (2010).

China’s epi curve for COVID-19

Figure 2 shows the curve for China’s experience with COVID-19 from 31 December 2019 to 11 March 2020. It illustrates why it is easy to first underestimate a disease’s spread by thinking the curve is linear, but then overestimate it by thinking it is exponential. The top-left panel shows the early days, when it didn’t really look like a problem. The bottom-left panel is during the exponential phase, the top-right panel is when its past the peak, and the bottom-right panel is the full timeline as of 11 March 2020. The spike is due to a temporary change in data-gathering standards.

Coronavirus china virus health healthcare who world health organization disease deaths pandemic epidemic worries concerns Health virus contagious contagion viruses diseases disease lab laboratory doctor health dr nurse medical medicine drugs vaccines vaccinations inoculations technology testing test medicinal biotechnology biotech biology chemistry physics microscope research influenza flu cold common cold bug risk symptomes respiratory china iran italy europe asia america south america north washing hands wash hands coughs sneezes spread spreading precaution precautions health warning covid 19 cov SARS 2019ncov wuhan sarscow wuhanpneumonia  pneumonia outbreak patients unhealthy fatality mortality elderly old elder age serious death deathly deadly
Figure 2 China’s epidemiological curve for COVID-19, 31 December 2019 – 11 March 2020. Image: Author’s elaboration of European CDC data

Plainly, an analyst who was innocent of the shape of the typical epidemiological curve would have gravely underestimated the problem in mid-January 2020. S/he would then have gravely overestimated it in early February.

What is not shown, since it has not happened, is how viruses often come back after they subside. In other words, the epi curve starts to look like a sine wave. Figure 3 shows the results of a recent simulation by epidemiologists on COVID-19’s possible evolution for the rest of 2020.

Coronavirus china virus health healthcare who world health organization disease deaths pandemic epidemic worries concerns Health virus contagious contagion viruses diseases disease lab laboratory doctor health dr nurse medical medicine drugs vaccines vaccinations inoculations technology testing test medicinal biotechnology biotech biology chemistry physics microscope research influenza flu cold common cold bug risk symptomes respiratory china iran italy europe asia america south america north washing hands wash hands coughs sneezes spread spreading precaution precautions health warning covid 19 cov SARS 2019ncov wuhan sarscow wuhanpneumonia  pneumonia outbreak patients unhealthy fatality mortality elderly old elder age serious death deathly deadly
Figure 3 Simulation of COVID-19’s new case evolution in 2020 Image: Anderson et al. (2020)

As we know, the Chinese government understood both the epi curve and the gravity of the situation. They quickly took extreme measures to reduce the rate of transmission – or they seemed extreme to many at the time.

South Korea has also worked its way into the deceleration phase that Figure 4 shows. The US epi curve as of 11 March 2020 is plotted on the right-scale for comparison; note the differences in the scales.

Coronavirus china virus health healthcare who world health organization disease deaths pandemic epidemic worries concerns Health virus contagious contagion viruses diseases disease lab laboratory doctor health dr nurse medical medicine drugs vaccines vaccinations inoculations technology testing test medicinal biotechnology biotech biology chemistry physics microscope research influenza flu cold common cold bug risk symptomes respiratory china iran italy europe asia america south america north washing hands wash hands coughs sneezes spread spreading precaution precautions health warning covid 19 cov SARS 2019ncov wuhan sarscow wuhanpneumonia  pneumonia outbreak patients unhealthy fatality mortality elderly old elder age serious death deathly deadly
Figure 4 Epi curve for South Korea versus the US as of 11 March 2020. Image: Author’s elaboration of European CDC data

Flattening the curve: Understanding textbook public health containment policies

What was the Chinese government thinking when they locked down tens of millions? Given there are no 21st century tools to fight the virus, the key is to ‘flatten the curve’. Figure 5 explains why.

Coronavirus china virus health healthcare who world health organization disease deaths pandemic epidemic worries concerns Health virus contagious contagion viruses diseases disease lab laboratory doctor health dr nurse medical medicine drugs vaccines vaccinations inoculations technology testing test medicinal biotechnology biotech biology chemistry physics microscope research influenza flu cold common cold bug risk symptomes respiratory china iran italy europe asia america south america north washing hands wash hands coughs sneezes spread spreading precaution precautions health warning covid 19 cov SARS 2019ncov wuhan sarscow wuhanpneumonia  pneumonia outbreak patients unhealthy fatality mortality elderly old elder age serious death deathly deadly
Figure 5 Epi curve flattening saves lives by avoiding hospital overloads Image: Author’s elaboration.

The red epi curve illustrates what a pandemic like COVID-19 might look like. In COVID-19 cases, about 5% or 10% of those afflicted need hospitalisation. If the epi curve rises too sharply, the number of patients needing intensive care unit (ICU) beds may exceed the capacity of local hospitals.

The point is simple. During its rapid growth phase, the number of people needing hospitalisation can grow in leaps in bounds – so fast that it overwhelms a nation’s healthcare system. This is happening right now in Italy.

This week, the leading Italian newspaper, Corriere della Sera, reported “scenes of wartime triage, where old patients have to be left by the wayside.”

A doctor interviewed by Corriere della Sera said the principle of ‘first come, first served’ has been abandoned. Another doctor said: “The choice is made inside of an emergency room used for mass events, where only COVID-19 patients enter. If a person is between 80 and 95 and has severe respiratory failure, he probably won’t make it.”

That is why Italy is now taking what may seem like extreme measures to many. Only they are not extreme compared to the nightmare alternative of overwhelmed hospitals unable to provide the care people need to survive the disease.

The blue curve in Figure 4 illustrates the epi curve when anti-transmission policies are instituted for public health reasons. The classic ones are shutting offices, factories, schools and government offices, and cancelling large public events. They can get more extreme, as they have in Italy and China, where massive lockdowns, store closures, and transportation bans were or are being used.

Curve-flattening policies, however, have immediate economic consequences. That is the subject of my next column.

References

Schanzer, D L, J M Langley, T Dummer, C Viboud and T W S Tam (2010), “Original Article: A composite epidemic curve for seasonal influenza in Canada with an international comparison”, Influenza and Other Respiratory Viruses 4(5): 295–306.

Anderson, R M, H Heesterbeek, D Klinkenberg and T D Hollingsworth (2020), "How will country-based mitigation measures influence the course of the COVID-19 epidemic?”, The Lancet (online first, 9 March).

Endnotes

1 According to the Johns Hopkin’s dashboard here.

3 Dr. Mario Riccio, an anesthesiologist who works at a hospital in Cremona.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

COVID-19

Related topics:
Health and Healthcare SystemsEconomic Growth
Share:
The Big Picture
Explore and monitor how COVID-19 is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

The key health achievements of COP29, and other top health stories

Shyam Bishen

November 20, 2024

How equitable access to medicines can drive sustainable returns for investors

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum