COVID-19 Vaccination is not a Sufficient Public Policy to face Crisis Management of next Pandemic Threats

Abstract

This study reveals that a vast vaccination campaign is a necessary but not sufficient public policy to reduce the negative impact of Coronavirus Disease 2019 (COVID-19) pandemic crisis because manifold factors guide the spread of this new infectious disease and related mortality in society. Statistical evidence here, based on a worldwide sample of countries, shows a positive correlation between people fully vaccinated and COVID-19 mortality (r = + 0.65, p-value < 0.01). Multivariate regression, controlling income per capita, confirms this finding. Results suggest that the increasing share of people vaccinated against COVID-19 seems to be a necessary but not sufficient health policy to reduce mortality of COVID-19. The findings here can be explained with the role of Peltzman effect, new variants, environmental and socioeconomic factors that affect the diffusion and negative impact of COVID-19 pandemic in society. This study extends the knowledge in this research field to design effective public policies of crisis management for facing next pandemic threats.