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The Luxury of Lockdown

Author

Listed:
  • Mehdi Shiva

    (University of Oxford)

  • Hassan Molana

    (University of Dundee)

Abstract

Regression analysis based on data from Oxford COVID-19 Government Response Tracker and the World Bank datasets for 169 countries suggests that containment policies have, in general, a significant role in reducing the pandemic’s fatality rate across all countries. However (i) there is at least a three weeks lag in realising the impact, (ii) the effectiveness increases with per capita income and, more specifically, (iii) workplace closure is ineffective in low-income countries. The analysis of data from Demographic and Health Survey (the DHS Programme) and IMF Policy Tracker indicates that developing countries are unlikely to have the basis required for effectively adopting stringent lockdown measures and instead would need to consider specifically targeted lockdown policies.

Suggested Citation

  • Mehdi Shiva & Hassan Molana, 2022. "The Luxury of Lockdown," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(1), pages 503-523, February.
    • Handle: RePEc:pal:eurjdr:v:34:y:2022:i:1:d:10.1057_s41287-021-00389-x
    DOI: 10.1057/s41287-021-00389-x
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    References listed on IDEAS

    as
    1. Loayza,Norman V. & Pennings,Steven Michael, 2020. "Macroeconomic Policy in the Time of COVID-19 : A Primer for Developing Countries," Research and Policy Briefs 147291, The World Bank.
    2. Norman V. Loayza & Steven Pennings, 2020. "Macroeconomic Policy in the Time of COVID-19," World Bank Publications - Reports 33540, The World Bank Group.
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    Cited by:

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    More about this item

    Keywords

    COVID-19; Containment policies; Lockdown; Low-income countries;
    All these keywords.

    JEL classification:

    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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