Estimating the Severity of COVID-19: Evidence From the Italian Epicenter

14 Pages Posted: 2 Apr 2020 Last revised: 15 Apr 2020

See all articles by Paolo Buonanno

Paolo Buonanno

University of Bergamo - Department of Economics

Sergio Galletta

Sapienza University of Rome - Department of Economics and Law

Marcello Puca

University of Salerno - Dept. of Economics and Statistics; - Centre for Studies in Economics and Finance (CSEF)

Date Written: April 2, 2020

Abstract

We provide new results on the misreported level of mortality in the Italian region of Lombardy and in the province of Bergamo using official and original data sources. Since February 2020 Lombardy and in particular the province of Bergamo have been severely hit by the novel COVID-19 infectious disease. Combining official statistics, retrospective data and original data (i.e., obituaries and death notices) we provide a tentative estimate of the "real'' number of deaths caused by COVID-19 as well as the total number of persons infected. Our findings suggest that the reported mortality rate attributable to COVID-19 accounts only for one half of the observed excess mortality rate between March 2020 and March 2019.

Keywords: Coronavirus; COVID-19; Mortality Rate Estimation; Pandemic; Italy; Lombardia

JEL Classification: I12, I18

Suggested Citation

Buonanno, Paolo and Galletta, Sergio and Puca, Marcello, Estimating the Severity of COVID-19: Evidence From the Italian Epicenter (April 2, 2020). Available at SSRN: https://ssrn.com/abstract=3567093 or http://dx.doi.org/10.2139/ssrn.3567093

Paolo Buonanno (Contact Author)

University of Bergamo - Department of Economics ( email )

Via dei Caniana 2
Bergamo, Bergamo 24127
Italy

HOME PAGE: http://https://www.unibg.it/ugov/person/2913

Sergio Galletta

Sapienza University of Rome - Department of Economics and Law ( email )

via Castro del Laurenziano 9
Roma, IA Rome 00191
Italy

Marcello Puca

University of Salerno - Dept. of Economics and Statistics ( email )

Via Giovanni Paolo II, 132
Fisciano, SA 84084
Italy

- Centre for Studies in Economics and Finance (CSEF) ( email )

Via Cintia
Complesso Monte S. Angelo
Naples, Naples 80126
Italy

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