A Study of the Effectiveness of Governmental Strategies for Managing Mortality from COVID-19

William Clyde; Andreas Kakolyris; Georgios Koimisis

doi:10.1057/s41302-021-00202-x

A Study of the Effectiveness of Governmental Strategies for Managing Mortality from COVID-19

East Econ J. 2021;47(4):487-505. doi: 10.1057/s41302-021-00202-x. Epub 2021 Sep 1.

Authors

William Clyde¹, Andreas Kakolyris^{1

2}, Georgios Koimisis¹

Affiliations

¹ Department of Economics & Finance, O' Malley School of Business, Manhattan College, Riverdale, NY 10471 USA.
² School of Accounting and Finance, College of Business and Public Management, Kean University, Union, NJ 07083 USA.

Abstract

We investigate the effectiveness of seven government containment and policy closure interventions against the novel coronavirus (SARS-COV-2) pandemic in the OECD countries, at several different time horizons. Our results indicate that only school closings and public transportation closings have a persistently significant impact. Stay-at-home policies only show a significant impact after 70 days. Workplace closings, restrictions on the size of gatherings, and restrictions on internal travel show no significant impact on mortality rates. Moreover, stricter measures are not significantly associated with lower growth rates in mortality.

Keywords: COVID-19; Government intervention; Mortality rate; Pandemic.