Pandemic Misery Index: How to Overcome the Effects of the COVID-19 Pandemic?

Jacek Lewkowicz and Rafał Woźniak ()
Additional contact information
Rafał Woźniak: University of Warsaw

Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, 2024, vol. 172, issue 3, No 6, 925-946

Abstract: Abstract COVID-19 disrupted both social and economic development in several dimensions. Governments of the vast majority of countries implemented strategies to battle the pandemic and its negative consequences. The question is, which countries can be assessed as successful in that matter? In this study, we use empirical tools to investigate which governmental actions and state characteristics appear proper, as reflected by pandemic misery indices. The results of our study imply that fiscal measures taken solely are not enough to confront the negative outcome of the pandemic. Interestingly, a strong rule of law, high government effectiveness, and low corruption seem to help countries get through COVID-19. These conclusions may be useful for policymakers in the context of the current and future negative shocks.

Keywords: COVID-19 pandemic; Pandemic misery; Fiscal response; Institutional environment; Law and economics; E02; E62; K40; O17; O43; P48 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s11205-024-03335-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:soinre:v:172:y:2024:i:3:d:10.1007_s11205-024-03335-6

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11135

DOI: 10.1007/s11205-024-03335-6

Access Statistics for this article

Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement is currently edited by Filomena Maggino

More articles in Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().