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Efficiency of government policy during the COVID-19 pandemic

Author

Listed:
  • Manthos D. Delis

    (Rte de la Jonelière)

  • Maria Iosifidi

    (Montpellier Business School)

  • Menelaos Tasiou

    (University of Portsmouth)

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.

Suggested Citation

  • Manthos D. Delis & Maria Iosifidi & Menelaos Tasiou, 2023. "Efficiency of government policy during the COVID-19 pandemic," Annals of Operations Research, Springer, vol. 328(2), pages 1287-1312, September.
    • Handle: RePEc:spr:annopr:v:328:y:2023:i:2:d:10.1007_s10479-023-05364-9
    DOI: 10.1007/s10479-023-05364-9
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    References listed on IDEAS

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