IDEAS home Printed from https://ideas.repec.org/a/jis/ejistu/y2022i02id495.html
   My bibliography  Save this article

Blanket Restrictive Measures in the Czech Republic During the COVID-19 Pandemic – A Trade-Off Concept Application

Author

Listed:
  • KOTEN Marek
  • ŠIMŮNEK Lubor
  • SMOLÁK Pavel
  • BEDNÁŘ Milan
  • ZUBÍKOVÁ Adéla
  • ŠEVČÍK Miroslav

Abstract

In early 2020, many widespread restrictive measures were introduced worldwide in response to the COVID-19 pandemic. These measures entailed high socio-economic costs, which have been largely overlooked due to political motivations and the difficulty of their measurement. One of them is the negative impact of widespread restrictive measures on life expectancy due to the limited school attendance and the negative impact of restrictions on the population's health status. In this paper, we use our own structural model based on the trade-off analysis method. The research compares the lost years of life in the situation of the existence of restrictive measures and, on the contrary, the situation of a complete absence of these measures. We use data from the Czech Republic between February 2020 and October 2021. Our article concludes that the number of lost years of life is many times higher when widespread restrictive measures are implemented in all considered scenarios. These findings should be considered when making further decisions on applying widespread restrictive measures in the Czech Republic.

Suggested Citation

  • KOTEN Marek & ŠIMŮNEK Lubor & SMOLÁK Pavel & BEDNÁŘ Milan & ZUBÍKOVÁ Adéla & ŠEVČÍK Miroslav, 2022. "Blanket Restrictive Measures in the Czech Republic During the COVID-19 Pandemic – A Trade-Off Concept Application," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    • Handle: RePEc:jis:ejistu:y:2022:i:02:id:495
    as

    Download full text from publisher

    File URL: https://ejist.ro/files/pdf/495.pdf
    Download Restriction: no
    File URL: https://ejist.ro/abstract/495/Blanket-Restrictive-Measures-in-the-Czech-Republic-During-the-COVID-19.html
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zhixian Lin & Christopher M. Meissner, 2020. "Health vs. Wealth? Public Health Policies and the Economy During Covid-19," NBER Working Papers 27099, National Bureau of Economic Research, Inc.
    2. Emilie Jasova & Bozena Kaderabkova, 2022. "The effectiveness of government measures in the first wave of Covid-19 pandemic," International Journal of Economic Sciences, European Research Center, vol. 11(1), pages 19-36, April.
    3. Petter Lundborg & Carl Hampus Lyttkens & Paul Nystedt, 2016. "The Effect of Schooling on Mortality: New Evidence From 50,000 Swedish Twins," Demography, Springer;Population Association of America (PAA), vol. 53(4), pages 1135-1168, August.
    4. Eduard Hromada & Klara Cermakova, 2021. "Financial Unavailability Of Housing In The Czech Republic And Recommendations For Its Solution," International Journal of Economic Sciences, European Research Center, vol. 10(2), pages 47-57, December.
    5. Pedro Brinca & Joao B. Duarte & Miguel Faria-e-Castro, 2020. "Is the COVID-19 Pandemic a Supply or a Demand Shock?," Economic Synopses, Federal Reserve Bank of St. Louis, issue 31, May.
    6. Eduard Hromada & Klara Cermakova, 2021. "Financial Unavailability Of Housing In The Czech Republic And Recommendations For Its Solution," International Journal of Economic Sciences, European Research Center, vol. 10(2), pages 47-58, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Piotr Rosik & Julia Wójcik, 2022. "Transport Infrastructure and Regional Development: A Survey of Literature on Wider Economic and Spatial Impacts," Sustainability, MDPI, vol. 15(1), pages 1-19, December.
    2. Elżbieta Jasińska & Edward Preweda & Piotr Łazarz, 2023. "Renewable Energy Sources in the Residential Property Market, Exemplified by the City of Krakow (Poland)," Sustainability, MDPI, vol. 15(10), pages 1-17, May.
    3. Sławomir Kalinowski & Aleksandra Łuczak & Adam Koziolek, 2022. "The Social Dimension of Security: The Dichotomy of Respondents’ Perceptions during the COVID-19 Pandemic," Sustainability, MDPI, vol. 14(3), pages 1-20, January.
    4. Daniel Macek, 2023. "A Tool for Evaluating Public Procurement in the Context of Life Cycle Costs," International Journal of Economic Sciences, European Research Center, vol. 12(1), pages 116-126, May.
    5. Daniel Macek, 2023. "A Tool for Evaluating Public Procurement in the Context of Life Cycle Costs," International Journal of Economic Sciences, European Research Center, vol. 12(1), pages 133-143, May.
    6. Emilie Jasova & Bozena Kaderabkova, 2022. "The effectiveness of government measures in the first wave of Covid-19 pandemic," International Journal of Economic Sciences, European Research Center, vol. 11(1), pages 19-36, April.
    7. João Fragoso Januário & Carlos Oliveira Cruz, 2023. "The Impact of the 2008 Financial Crisis on Lisbon’s Housing Prices," JRFM, MDPI, vol. 16(1), pages 1-18, January.
    8. PIECHA Marian & ČERMÁKOVÁ Klára & HROMADA Eduard, 2022. "Determinants of House Prices and Housing Affordability Dynamics in the Czech Republic," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    9. Judyta Kabus & Michał Dziadkiewicz, 2023. "Modern Management Methods in the Area of Public Housing Resources in the Community," Sustainability, MDPI, vol. 15(10), pages 1-28, May.
    10. Raul-Tomas Mora-Garcia & Maria-Francisca Cespedes-Lopez & V. Raul Perez-Sanchez, 2022. "Housing Price Prediction Using Machine Learning Algorithms in COVID-19 Times," Land, MDPI, vol. 11(11), pages 1-32, November.
    11. Jiri Rotschedl, 2022. "Study of Intertemporal Discounting According to Income Group, Savings, and Loans," International Journal of Economic Sciences, European Research Center, vol. 11(1), pages 68-84, April.
    12. Klára Čermáková & Eduard Hromada, 2022. "Change in the Affordability of Owner-Occupied Housing in the Context of Rising Energy Prices," Energies, MDPI, vol. 15(4), pages 1-18, February.
    13. Ondřej Bednář & Andrea Čečrdlová & Božena Kadeřábková & Pavel Řežábek, 2022. "Energy Prices Impact on Inflationary Spiral," Energies, MDPI, vol. 15(9), pages 1-25, May.
    14. Tianshu Quan & Tianli Quan, 2023. "A Study of the Spatial Mechanism of Financial Agglomeration Affecting Green Low-Carbon Development: Evidence from China," Sustainability, MDPI, vol. 15(2), pages 1-21, January.
    15. Grzegorz Przekota, 2022. "Do High Fuel Prices Pose an Obstacle to Economic Growth? A Study for Poland," Energies, MDPI, vol. 15(18), pages 1-15, September.
    16. Aleksandra ?uczak & S?awomir Kalinowski, 2022. "A multidimensional comparative analysis of poverty statuses in European Union countries," International Journal of Economic Sciences, European Research Center, vol. 11(1), pages 146-160, April.
    17. Slavata David & Ardielli Eva & Maciejasz Marta, 2024. "Comparison of Housing Affordability in Czech and Polish Regions," Review of Economic Perspectives, Sciendo, vol. 24(1), pages 17-36, March.
    18. Shangfa Hou & Jiaying Wang & Degui Zhu, 2022. "Has the Newly Imposed Property Tax Controlled Housing Prices? An Analysis of China’s 2009–2020 Interprovincial Panel Data," Sustainability, MDPI, vol. 14(22), pages 1-18, November.
    19. Gopi Shah Goda & Emilie Jackson & Lauren Hersch Nicholas & Sarah See Stith, 2023. "The impact of Covid-19 on older workers’ employment and Social Security spillovers," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(2), pages 813-846, April.
    20. Choi, Gahyun & Park, Kwangyeol & Yi, Eojin & Ahn, Kwangwon, 2023. "Price fairness: Clean energy stocks and the overall market," Chaos, Solitons & Fractals, Elsevier, vol. 168(C).

    More about this item

    Keywords

    COVID-19; Czech Republic; government responses; nationwide restrictive measures; trade-off analysis;
    All these keywords.

    JEL classification:

    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jis:ejistu:y:2022:i:02:id:495. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alina Popescu (email available below). General contact details of provider: https://edirc.repec.org/data/frasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.