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The Geography of the Effectiveness and Consequences of Covid-19 Measures: Global Evidence

Author

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  • Asongu, Simplice
  • Diop, Samba
  • Nnanna, Joseph

Abstract

This study has: (i) analysed the economic impact of the Covid-19 pandemic, (ii) evaluated the effectiveness and relevance of different measures against the pandemic and (iii) examined nexuses between the corresponding measures and economic outcomes. The study uses a sample of 186 countries divided into four main regions, notably: Asia-Pacific and the Middle East, Europe, Africa and America. 34 preventing and mitigating measures against the Covid-19 pandemic are classified into five main categories: lockdown, movement restrictions, governance and economic, social distancing, and public health measures. The empirical evidence is based on comparative difference in means tests and correlation analyses. The findings show how the effectiveness and consequences of the Covid-19 measures are different across regions. In adopting the relevant policies to fight the ongoing pandemic, the comparative insights from the findings in the study are worthwhile. Inter alia: (i) from a holistic perspective, only European countries have favourably benefited from the Covid-19 measures; (ii) lockdown measures at the global level have not been significant in reducing the pandemic; (iii) the restriction of movement measure has been relevant in curbing the spread in the American continent; (iv) social distancing has been productive in Europe and counter-productive in Africa; (v) governance and economic measures have exclusively been relevant in Europe and (vi) overall public health measures have not had the desired outcomes in flattening the infection curve probably because most of the underlying measures are awareness decisions or oriented toward people already infected.

Suggested Citation

  • Asongu, Simplice & Diop, Samba & Nnanna, Joseph, 2020. "The Geography of the Effectiveness and Consequences of Covid-19 Measures: Global Evidence," MPRA Paper 107110, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:107110
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    References listed on IDEAS

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    1. John E. Ataguba, 2020. "COVID-19 Pandemic, a War to be Won: Understanding its Economic Implications for Africa," Applied Health Economics and Health Policy, Springer, vol. 18(3), pages 325-328, June.
    2. Festus A. Odeyemi & Ibrahim A. Adekunle & Olakitan W. Ogunbanjo & Jamiu B. Folorunso & Thompson Akinbolaji & Idowu B. Olawoye, 2020. "Gauging the Laboratory Responses to Coronavirus Disease (Covid-19) in Africa," Working Papers 20/052, European Xtramile Centre of African Studies (EXCAS).
    3. Samba Diop & Simplice A. Asongu, 2023. "The Covid-19 Pandemic and the New Poor in Africa: The Straw That Broke the Camel’s Back," Forum for Social Economics, Taylor & Francis Journals, vol. 52(2), pages 143-154, April.
    4. Festus A. Odeyemi & Ibrahim A. Adekunle & Olakitan W. Ogunbanjo & Jamiu B. Folorunso & Thompson Akinbolaji & Idowu B. Olawoye, 2020. "Gauging the Laboratory Responses to Coronavirus Disease (Covid-19) in Africa," Research Africa Network Working Papers 20/052, Research Africa Network (RAN).
    5. Hafeez A. Adekola & Ibrahim A. Adekunle & Haneefat O. Egberongbe & Sefiu A. Onitilo & Idris N. Abdullahi, 2020. "Mathematical Modelling for Infectious Viral Disease: the Covid-19 Perspective," Working Papers 20/053, European Xtramile Centre of African Studies (EXCAS).
    6. Samba Diop & Simplice A. Asongu, 2020. "The Covid-19 Pandemic and the New Poor in Africa: the Straw that Broke the Camel’s Back," Working Papers 20/038, European Xtramile Centre of African Studies (EXCAS).
    7. Festus A. Odeyemi & Ibrahim A. Adekunle & Olakitan W. Ogunbanjo & Jamiu B. Folorunso & Thompson Akinbolaji & Idowu B. Olawoye, 2020. "Gauging the Laboratory Responses to Coronavirus Disease (Covid-19) in Africa," Working Papers of the African Governance and Development Institute. 20/052, African Governance and Development Institute..
    8. Ozili, Peterson K, 2020. "COVID-19 in Africa: socioeconomic impact, policy response and opportunities," MPRA Paper 99617, University Library of Munich, Germany.
    9. Hafeez A. Adekola & Ibrahim A. Adekunle & Haneefat O. Egberongbe & Sefiu A. Onitilo & Idris N. Abdullahi, 2020. "Mathematical Modelling for Infectious Viral Disease: the Covid-19 Perspective," Working Papers of the African Governance and Development Institute. 20/053, African Governance and Development Institute..
    10. Hafeez A. Adekola & Ibrahim A. Adekunle & Haneefat O. Egberongbe & Sefiu A. Onitilo & Idris N. Abdullahi, 2020. "Mathematical Modelling for Infectious Viral Disease: the Covid-19 Perspective," Research Africa Network Working Papers 20/053, Research Africa Network (RAN).
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    Cited by:

    1. Samba Diop & Simplice A. Asongu & Joseph Nnanna, 2020. "Covid-19 Economic Vulnerability and Resilience Indexes: Global Evidence," Working Papers 20/070, European Xtramile Centre of African Studies (EXCAS).
    2. Hillary C. Ezeaku & Simplice A. Asongu & Joseph Nnanna, 2020. "Volatility of International Commodity Prices in Times of Covid-19: Effects of Oil Supply and Global Demand Shocks," Working Papers 20/101, European Xtramile Centre of African Studies (EXCAS).
    3. Simplice A. Asongu & Samba Diop & Joseph Nnanna, 2020. "Health Vulnerability versus Economic Resilience to the Covid-19 pandemic: Global Evidence," Research Africa Network Working Papers 20/074, Research Africa Network (RAN).
    4. Nathanael Ojong & Simplice A. Asongu, 2021. "COVID-19 Global Pandemic, Financial Development and Financial Inclusion," Working Papers 21/078, European Xtramile Centre of African Studies (EXCAS).
    5. Rajeev K. Goel & Michael A. Nelson, 2021. "Drivers of COVID-19 vaccinations: vaccine delivery and delivery efficiency in the United States," Netnomics, Springer, vol. 22(1), pages 53-69, June.
    6. Dyah Rahmawati Hizbaron & Dina Ruslanjari & Djati Mardiatno, 2021. "Amidst Covid-19 Pandemic: An Adaptive Disaster Governance in Yogyakarta, Indonesia," Social Sciences, MDPI, vol. 10(3), pages 1-18, March.
    7. Goel, Rajeev K. & Nelson, Michael A. & Goel, Viraat Y., 2021. "COVID-19 vaccine rollout—scale and speed carry different implications for corruption," Journal of Policy Modeling, Elsevier, vol. 43(3), pages 503-520.
    8. Asongu, Simplice & Usman, Usman, 2020. "The Covid-19 pandemic: theoretical and practical perspectives on children, women and sex trafficking," MPRA Paper 107508, University Library of Munich, Germany.
    9. Rajeev K. Goel & Michael A. Nelson, 2021. "COVID-19 internet vaccination information and vaccine administration: evidence from the United States," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 45(4), pages 716-734, October.

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    More about this item

    Keywords

    Novel Coronavirus; Social Distance; Macroeconomics effects;
    All these keywords.

    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • I10 - Health, Education, and Welfare - - Health - - - General
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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