Autor segons l'article: Segarra-Blasco A; Teruel M; Cattaruzzo S
Departament: Economia
Autor/s de la URV: Cattaruzzo, Sebastiano / Teruel Carrizosa, Mercedes
Paraules clau: Panel-data models Non-pharmaceutical interventions Economic policies Daily time data Covid-19 stock-market policy responses non-pharmaceutical interventions impact economic policies daily time data
Resum: Policy makers have implemented a set of non-pharmaceutical interventions (NPIs) to contain the spread of Covid-19 and reduce the burden on health systems. These restrictive measures have had adverse effects on economic activity; however, these negative impacts differ with respect to each country. Based on daily data, this article studies governmental economic responses to the application of NPIs for 59 countries. Furthermore, we assess if these economic responses differ according to the economic and sectoral context of the countries. By applying a counting model to the economic support intensity, our results quantify the average reaction of governments in counterbalancing the imposition of NPIs. We further re-estimate the base model by dividing the countries according to their GDP per capita, the intensity of their service sectors, and the expenditure by tourists. Our results show how each NPI implied a different level of economic support and how the structural characteristics considered were relevant to the decision-making process.
Àrees temàtiques: Economics, econometrics and finance (miscellaneous) Economics and econometrics Economics Ciencias sociales
Accès a la llicència d'ús: https://creativecommons.org/licenses/by/3.0/es/
Adreça de correu electrònic de l'autor: mercedes.teruel@urv.cat
Identificador de l'autor: 0000-0002-4104-7679
Data d'alta del registre: 2023-02-19
Versió de l'article dipositat: info:eu-repo/semantics/publishedVersion
Enllaç font original: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8526112/
URL Document de llicència: http://repositori.urv.cat/ca/proteccio-de-dades/
Referència a l'article segons font original: Economic Analysis And Policy. 72 592-608
Referència de l'ítem segons les normes APA: Segarra-Blasco A; Teruel M; Cattaruzzo S (2021). The economic reaction to non-pharmaceutical interventions during Covid-19. Economic Analysis And Policy, 72(), 592-608. DOI: 10.1016/j.eap.2021.10.006
DOI de l'article: 10.1016/j.eap.2021.10.006
Entitat: Universitat Rovira i Virgili
Any de publicació de la revista: 2021
Tipus de publicació: Journal Publications
Repositori URV