The ‘Great Lockdown’ and its determinants

Massimiliano Ferraresi, Christos Kotsogiannis, Leonzio Rizzo and Riccardo Secomandi

Economics Letters, 2020, vol. 197, issue C

Abstract: Since COVID-19 was declared a pandemic, countries on the same pandemic trajectory have adopted very different lockdown strategies. Using data for over 132 countries, and employing an event-study design, this paper identifies the role of political, economic and institutional factors in explaining the differential timing and intensity of stringency measures undertaken.

Keywords: COVID-19; Lockdown measures; Stringency index; Institutions (search for similar items in EconPapers)
JEL-codes: E71 H12 I12 I18 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:197:y:2020:i:c:s0165176520303888

DOI: 10.1016/j.econlet.2020.109628

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