1. Efficiency of government policy during the COVID-19 pandemic.
- Author
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Delis MD, Iosifidi M, and Tasiou M
- Abstract
We introduce country-month indices of efficiency of government policy in dealing with the COVID-19 pandemic. Our indices cover 81 countries and the period from May 2020 to November 2021. Our framework assumes that governments impose stringent policies (listed in the Oxford COVID-19 Containment and Health Index) with the single goal of saving lives. We find that positive and significant correlates of our new indices are institutions, democratic principles, political stability, trust, high public spending in health, female participation in the workplace, and economic equality. Within the efficient jurisdictions, the most efficient ones are those with cultural characteristics of high patience., Competing Interests: Conflict of interestThe authors have no relevant financial or non-financial interests to disclose., (© The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2023, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.)
- Published
- 2023
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