Regarding travel restrictions, if they are done too late, when the spreading has already started and the cat is already out of the bag, then as shown they are not effective, and slow the spread at most. That link to the model posted previously assumed, rightly, that there were already seed clusters of infections before the travel bans take place; at that point its simply too late for there to be any big effect.
However, if done later when the outbreaks are coming under control or when there are little or no clusters, they definitely can be effective, as they stop any new seed clusters starting.
Hong Kong has (fingers crossed) managed to wipe out new local infections. We haven't had any for 17 days.
This is largely because the vast majority of travel to Hong Kong has been stopped, apart from HK residents returning. All tourism, business travel etc is forbidden. We had to ban all non-resident travel simply because there would not be enough capacity for the testing/quarantine measures described below.
All returnees are tested at the airport, and may only leave if the result is negative. If positive, straight into government quarantine or hospital, depending on symptoms.
If airport test is negative, and if they are able to quarantine at home they are tagged with wristband and must provide random location updates via an app to ensure they stay at home. After several cases of rule breakers being arrested and charged, this flouting has stopped, and people have been observing the home quarantine strictly.
If airport test is negative but they are unable to quarantine at home, straight into government quarantine.
After 14 days, they are tested again and must be negative before leaving quarantine.
So we have effectively stopped all imported causes entering the community, and local transmission has died down to nothing. Currently 135 active cases, 4 deaths overall.
Note these measures were taken in response to a local outbreak that was traced to ongoing imported cases from UK and USA, and as we were learning more how prevalent asymptomatic cases were.
But is shows that travel restrictions can and do have an effect, if used at the right time, and as part of a suite of supporting measures. Yes, they have an economic impact, but as part of the "hammer", all measures have an economic impact.