Applied Economics Letters ( IF 1.287 ) Pub Date : 2021-06-14 , DOI: 10.1080/13504851.2021.1940079 Alfred Greiner 1 , Benjamin Owusu 1
ABSTRACT
The European Union has set up a fund in order to compensate countries for damages resulting from Covid-19 that hit the economies in an asymmetric way. We argue that payments should be based only on relative damages, expressed as losses relative to GDP, and any distribution mechanism implying that damages in the countries are treated differently is discriminatory. Hence, we compute the compensation payments if the resources of the fund are spent according to the relative loss in GDP. Finally, we compare the compensations relative to the losses in GDP, resulting from the application of that principle, with those obtained by distributing the funds as suggested by the Council of the European Union. Our results provide evidence of discrimination by the EU Covid-19 compensation package.
中文翻译:
谁在欧盟受歧视最严重?Covid-19补偿基金的分析
摘要
欧盟设立了一个基金,以补偿各国因 Covid-19 以不对称方式打击经济而造成的损失。我们认为,支付应仅基于相对损害,表示为相对于 GDP 的损失,任何暗示各国对损害进行不同处理的分配机制都是歧视性的。因此,如果根据 GDP 的相对损失来使用基金的资源,我们会计算补偿金。最后,我们将应用该原则导致的与 GDP 损失相关的补偿与欧盟理事会建议的通过分配资金获得的补偿进行比较。我们的结果提供了欧盟 Covid-19 补偿方案歧视的证据。