Efficiency of government policy during the COVID-19 pandemic

Manthos D. Delis (), Maria Iosifidi () and Menelaos Tasiou ()
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Manthos D. Delis: Rte de la Jonelière
Maria Iosifidi: Montpellier Business School
Menelaos Tasiou: University of Portsmouth

Annals of Operations Research, 2023, vol. 328, issue 2, No 5, 1287-1312

Abstract: 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.

Keywords: Frontier methods; Government efficiency; COVID-19 pandemic; Oxford COVID-19 Government Response Tracker; Determinants of efficiency (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s10479-023-05364-9

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