Control of the first wave of COVID-19: Some economic freedom-related success factors
Creators: name: Dempere, Juan
Publisher: name: figshare
Year: 2022
Subjects: subject: 150309 Logistics and Supply Chain Management
subject: FOS: Economics and business
subject: 150308 International Business
subject: 110305 Emergency Medicine
subject: FOS: Clinical medicine
subject: 111706 Epidemiology
subject: FOS: Health sciences
subject: Health Care
subject: 111709 Health Care Administration
subject: 111711 Health Information Systems (incl. Surveillance)
subject: 111712 Health Promotion
subject: 111708 Health and Community Services
subject: 119999 Medical and Health Sciences not elsewhere classified
subject: FOS: Other medical sciences
subject: 111716 Preventive Medicine
subject: 111717 Primary Health Care
subject: 111799 Public Health and Health Services not elsewhere classified
subject: 110203 Respiratory Diseases
subject: 220199 Applied Ethics not elsewhere classified
subject: FOS: Philosophy, ethics and religion
subject: 220102 Business Ethics
subject: 220305 Ethical Theory
subject: 220105 Legal Ethics
subject: 220106 Medical Ethics
subject: 220107 Professional Ethics (incl. police and research ethics)
subject: 140299 Applied Economics not elsewhere classified
subject: 149901 Comparative Economic Systems
subject: 140202 Economic Development and Growth
subject: Economics
subject: 149999 Economics not elsewhere classified
subject: 140208 Health Economics
subject: 140210 International Economics and International Finance
subject: 140212 Macroeconomics (incl. Monetary and Fiscal Theory)
subject: 140213 Public Economics- Public Choice
subject: 140217 Transport Economics
subject: 140219 Welfare Economics
subject: 160603 Comparative Government and Politics
subject: FOS: Political science
subject: 160505 Economic Development Policy
subject: 160401 Economic Geography
subject: FOS: Social and economic geography
subject: 160508 Health Policy
subject: 160509 Public Administration
subject: 160510 Public Policy
subject: 160805 Social Change
subject: FOS: Sociology
subject: 160512 Social Policy

description: <strong>Control of the first wave of COVID-19: Some economic freedom-related success factors</strong> <strong>Abstract</strong>: This research aims to study some economic freedom-related factors with explanatory power on the countries’ success in controlling the first wave of COVID-19. Our selected factors include the economic, business, labour, monetary, trade, investment, financial, press, human, and personal freedom indexes. Our dependent variables include the government’s daily average stringency index, the outbreak response time, the daily average of cases per million, the daily average of deaths per million, and the daily average of COVID-19 tests per thousand. We find that countries with superior degrees of freedom suffered a more severe impact of the outbreak as confirmed by the highest daily average of cases and deaths per million. This severe impact happened while governments had a controllable response to the outbreak as verified by the lowest daily average stringency index. However, these countries were more effective at controlling the first wave of COVID-19 as measured by the shorter outbreak response time and a higher daily average of COVID-19 tests per thousand.