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Workshop: " COVID-19 anti-contagion policies and economic support measures in the USA"
28/02/2021
Topic: "COVID-19 anti-contagion policies and economic support measures in the USA"
Speaker: Prof Costas Milas (University of Liverpool, UK)
Time: 7: 00 (GMT+7) – Thursday, March 04, 2021
Zoom Cloud Meeting: https://lnkd.in/ebvKRvm
Meeting ID: 955 6792 5975
Passcode: 093124
Introduction:
Current literature assumes that non-pharmaceutical interventions (NPIs) reduce COVID-19 infections irrespective of their strength. The potential role of Economic Support Measures (ESM) towards controlling the virus is also overlooked. If anything, NPIs are more likely to control infections when economic support is in place. Using a panel threshold model of COVID-19 cases in U.S. states, we identify three distinct regimes of ‘low’, ‘medium’ and ‘high’ severity interventions; the latter being more effective towards reducing infections. The implemented NPIs (ESM) reduce the daily average percentage growth of infections by 21.4% (2.4%) compared to the case where no government action is taken.
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