Differential Assessment for the Effect of Government Epidemic Prevention Policies on Controlling the COVID-19: The Experience of Taiwan

Jun Wen, Xin-Xin Zhao, Chyi-Lu Jang, Ya-Hui Huang and Chun-Ping Chang

Emerging Markets Finance and Trade, 2022, vol. 58, issue 14, 3928-3938

Abstract: The effect of government epidemic prevention policies on controlling COVID-19 is of great importance to health, politics, and development economics. This paper thus investigates the impacts of government responses on confirmed cases related to COVID-19 in Taiwan for the period January 1, 2020 to May 13, 2021 by employing ordinary least squares (OLS) estimation. Overall, our empirical results indicate that there is a significantly impact of government responses on COVID-19 pandemic spread in Taiwan. In addition, the speed of government responses would significantly affect confirmed cases of COVID-19 in Taiwan. The earlier government epidemic prevention responses led to fewer confirmed cases. After conducting a series of robustness checks, the above conclusions are still robust.

Date: 2022
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DOI: 10.1080/1540496X.2022.2073818

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