Efficiency of government policy during the COVID-19 pandemic

Manthos D. Delis; Maria Iosifidi; Menelaos Tasiou

doi:10.1007/s10479-023-05364-9

Efficiency of government policy during the COVID-19 pandemic

Manthos D. Delis, Maria Iosifidi, Menelaos Tasiou

School of Accounting, Economics and Finance

Research output: Contribution to journal › Article › peer-review

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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.

Original language	English
Journal	Annals of Operations Research
Early online date	5 May 2023
DOIs	https://doi.org/10.1007/s10479-023-05364-9
Publication status	Early online - 5 May 2023

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 16 Peace, Justice and Strong Institutions

Keywords

COVID-19 pandemic
determinants of efficiency
frontier methods
government efficiency
Oxford COVID-19 Government Response Tracker

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10.1007/s10479-023-05364-9

R - manuscript
This version of the article has been accepted for publication, after peer review (when applicable) and is subject to Springer Nature’s AM terms of use, but is not the Version of Record and does not reflect post-acceptance improvements, or any corrections. The Version of Record is available online at: http://dx.doi.org/10.1007/s10479-023-05364-9.
Accepted author manuscript (Post-print), 5.26 MB

Cite this

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title = "Efficiency of government policy during the COVID-19 pandemic",

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.",

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KW - frontier methods

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KW - Oxford COVID-19 Government Response Tracker

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JF - Annals of Operations Research

ER -

Efficiency of government policy during the COVID-19 pandemic

Abstract

UN SDGs

Keywords

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