The relation between restriction policies against covid-19, economic growth and mortality rate in society

Mario COCCIA

Abstract


How do high restrictions and compulsory measures affect mortality of Coronavirus Disease 2019 (COVID-19) and economic growth of countries? This study confronts this question by developing a comparative analysis between  countries with high and low level of restrictions against COVID-19 to assess if high levels of restrictions are more effective to reduce negative impact of COVID-19 on health of people and economies. Results show that countries with high restrictions do not decrease mortality per 1,000 people compared to countries with little compulsory measures. In addition, countries with high restrictions have a lower average growth of quarterly Gross Domestic Product than countries with low compulsory measures restrictions. These results can support countries to design balanced and effective restriction policies to cope with COVID-19 and similar pandemic crisis that lessen mortality without deteriorating socioeconomic systems.

Keywords. COVID-19; Fatality rate; Economic growth; Government responses; Health policy; Crisis management.

JEL. Q10; O31; O33; Q01; Q16; Q18.

Keywords


COVID-19; Fatality rate; Economic growth; Government responses; Health policy; Crisis management.

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References


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DOI: http://dx.doi.org/10.1453/jel.v9i1.2286

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