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The ‘Great Lockdown’ and its Determinants

Author

Listed:
  • Massimiliano Ferraresi

    (European Commission Joint Research Centre)

  • Christos Kotsogiannis

    (University of Exeter Business School)

  • Leonzio Rizzo

    (Università di Ferrara e IEB)

  • Riccardo Secomandi

    (Università di Ferrara)

Abstract

Since COVID-19 was declared a pandemic, countries on the same pandemic trajectory have adopted very different lockdown strategies. Using data for over 132 countries, and employing an event-study design, this paper identifies the role of political, economic and institutional factors in explaining the differential timing and intensity of stringency measures undertaken.

Suggested Citation

  • Massimiliano Ferraresi & Christos Kotsogiannis & Leonzio Rizzo & Riccardo Secomandi, 2020. "The ‘Great Lockdown’ and its Determinants," Working papers 91, Società Italiana di Economia Pubblica.
    • Handle: RePEc:ipu:wpaper:91
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    References listed on IDEAS

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    1. Healy, Andrew & Malhotra, Neil, 2009. "Myopic Voters and Natural Disaster Policy," American Political Science Review, Cambridge University Press, vol. 103(3), pages 387-406, August.
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    3. Briscese, Guglielmo & Lacetera, Nicola & Macis, Mario & Tonin, Mirco, 2023. "Expectations, reference points, and compliance with COVID-19 social distancing measures," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 103(C).
    4. Abel Brodeur & Idaliya Grigoryeva & Lamis Kattan, 2021. "Stay-at-home orders, social distancing, and trust," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(4), pages 1321-1354, October.
    5. Allcott, Hunt & Boxell, Levi & Conway, Jacob & Gentzkow, Matthew & Thaler, Michael & Yang, David, 2020. "Polarization and public health: Partisan differences in social distancing during the coronavirus pandemic," Journal of Public Economics, Elsevier, vol. 191(C).
    6. Tushar Bharati & Adnan M. S. Fakir, 2020. "Pandemic Catch-22: How effective are mobility restrictions in halting the spread of COVID-19?," Economics Discussion / Working Papers 20-11, The University of Western Australia, Department of Economics.
    7. Guglielmo Briscese & Nicola Lacetera & Mario Macis & Mirco Tonin, 2020. "Compliance with Covid-19 Social-Distancing Measures in Italy: The Role of Expectations and Duration," CESifo Working Paper Series 8182, CESifo.
    8. Askitas, Nikos & Tatsiramos, Konstantinos & Verheyden, Bertrand, 2020. "Lockdown Strategies, Mobility Patterns and COVID-19," IZA Discussion Papers 13293, Institute of Labor Economics (IZA).
    9. Bargain, Olivier & Aminjonov, Ulugbek, 2020. "Trust and compliance to public health policies in times of COVID-19," Journal of Public Economics, Elsevier, vol. 192(C).
    10. Sebastian G. Kessing & Kai A. Konrad & Christos Kotsogiannis, 2007. "Foreign direct investment and the dark side of decentralization [‘Capture and governance at local and national levels’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 22(49), pages 6-70.
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    Citations

    RePEc Biblio mentions

    As found on the RePEc Biblio, the curated bibliography for Economics:
    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Health > Distancing and Lockdown

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    Cited by:

    1. Buesa, Alejandro & Pérez, Javier J. & Santabárbara, Daniel, 2021. "Awareness of pandemics and the impact of COVID-19," Economics Letters, Elsevier, vol. 204(C).
    2. Sakawa, Hideaki & Watanabel, Naoki, 2023. "The impact of the COVID-19 outbreak on Japanese shipping industry: An event study approach," Transport Policy, Elsevier, vol. 130(C), pages 130-140.
    3. Armillei, Francesco & Filippucci, Francesco & Fletcher, Thomas, 2021. "Did Covid-19 hit harder in peripheral areas? The case of Italian municipalities," Economics & Human Biology, Elsevier, vol. 42(C).

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    More about this item

    Keywords

    COVID-19; lockdown measures; stringency index; institutions;
    All these keywords.

    JEL classification:

    • E71 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on the Macro Economy
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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