Working Paper Article Version 1 This version is not peer-reviewed

The Efficiency of Governments Policies to COVID-19: A Top-Down Approach Based on DEA Window Analysis

Version 1 : Received: 2 February 2021 / Approved: 3 February 2021 / Online: 3 February 2021 (09:52:27 CET)

How to cite: Boroumand, Y.; Ghasemi, A.; Shirazi, M. The Efficiency of Governments Policies to COVID-19: A Top-Down Approach Based on DEA Window Analysis. Preprints 2021, 2021020101 Boroumand, Y.; Ghasemi, A.; Shirazi, M. The Efficiency of Governments` Policies to COVID-19: A Top-Down Approach Based on DEA Window Analysis. Preprints 2021, 2021020101

Abstract

When all countries are battling Covid-19 by adopting different policies, it could help address the issue of government response policy efficiency. This study examines the efficiency of government intervention policies in 19 countries, the efficiency of preventing the spread, and also the mortality caused by the virus. The policies are categorized based on the Oxford COVID-19 Government Response Tracker, which combines various indicators, including Containment and closure, Economic response, and Health systems. Given that the governments apply a top-down approach to design these policies, the current research evaluates the efficiency of policies based on the same approach. Here, two different models have been used to calculate the efficiency of policies. We designed a combined index in both models and applied Window DEA method to determine the output quantities in the efficiency ratio. The results of our study show that in both models, Japan, Finland and Thailand had the highest level of government response efficiency. The countries with the lowest government response efficiency were the United States, Spain, and Russia in the first model, and China, Italy, and Spain in the second.

Keywords

Coronavirus; COVID-19; DEA Window Analysis; Healthcare; Efficiency of Policy

Subject

SOCIAL SCIENCES, Accounting

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