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The COVID-19 Pandemic and Disruption in 2020: Developing a Government Response Tracker for Malta

Kurt Sant ()

No PP/02/2021, CBM Policy Papers from Central Bank of Malta

Abstract: This study constructs a COVID-19 response tracker for Malta following the methodology developed by the Oxford COVID-19 Government Response Tracker (OxCGRT) project. The tracker is based on data for 16 indicators that are in turn aggregated into a set of four indices – Government response index; Containment and health index; Economic support index; and Stringency index. After describing the construction of the tracker and outlining how Malta’s response evolved during 2020 and early 2021, the note studies the relationship between movements in this tracker and macroeconomic indicators such as economic sentiment, retail trade, industrial production and labour market variables, as well as with a novel database made available by Google on local mobility during the pandemic. The study also compares developments in Malta’s tracker with those in the Euro Area and its constituent Member States. A heatmap analysis shows how Malta’s response along the different dimensions of the index compared with its European peers.

JEL-codes: E00 H12 H51 I12 I15 I18 I19 (search for similar items in EconPapers)
Pages: 41 pgs
New Economics Papers: this item is included in nep-isf and nep-mac
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