This paper investigates vaccination rates in the US, analyzing factors behind the disparities with high-income countries. Employing economic analysis and econometrics, it aims to inform policy interventions for enhancing vaccination uptake and combating COVID-19 spread. Key aspects explored encompass trust in science, public healthcare provisioning, and COVID-19 regulations. Employing a cost-benefit model and empirical regressions, the research underscores these elements' role in shaping vaccination rates across states. Results underscore the importance of trust-building, equitable healthcare access, and effective regulations in guiding vaccination decisions. Through rigorous literature review, conceptual framework development, and meticulous data curation, the research provides insights into vaccination dynamics. It demonstrates that fostering trust, ensuring inclusive healthcare, and implementing robust regulations are essential for successful vaccination campaigns. In summary, this comprehensive examination of vaccination rates marries economic analysis, empirical insights, and strategic recommendations, offering a foundation for targeted measures to boost vaccination rates and enhance public health resilience.
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Junjie Xiong (2024) studied this question.
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