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The ‘Great Lockdown’ and its determinants

Author

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  • Ferraresi, Massimiliano
  • Kotsogiannis, Christos
  • Rizzo, Leonzio
  • Secomandi, Riccardo

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

  • Ferraresi, Massimiliano & Kotsogiannis, Christos & Rizzo, Leonzio & Secomandi, Riccardo, 2020. "The ‘Great Lockdown’ and its determinants," Economics Letters, Elsevier, vol. 197(C).
    • Handle: RePEc:eee:ecolet:v:197:y:2020:i:c:s0165176520303888
    DOI: 10.1016/j.econlet.2020.109628
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    References listed on IDEAS

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    1. Askitas, Nikos & Tatsiramos, Konstantinos & Verheyden, Bertrand, 2020. "Lockdown Strategies, Mobility Patterns and COVID-19," IZA Discussion Papers 13293, Institute of Labor Economics (IZA).
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    9. Massimiliano Ferraresi & Christos Kotsogiannis & Leonzio Rizzo & Riccardo Secomandi, 2020. "COVID-19: ‘Lockdown’ and Institutions," Working papers 89, Società Italiana di Economia Pubblica.
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    Cited by:

    1. Luisa Loiacono & Riccardo Puglisi & Leonzio Rizzo & Riccardo Secomandi, 2021. "Pandemic perception and regulation effectiveness: Evidence from the COVID-19," Working papers 104, Società Italiana di Economia Pubblica.
    2. Buesa, Alejandro & Pérez, Javier J. & Santabárbara, Daniel, 2021. "Awareness of pandemics and the impact of COVID-19," Economics Letters, Elsevier, vol. 204(C).
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    4. 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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