Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/328171 
Year of Publication: 
2024
Citation: 
[Journal:] Review of Economic Analysis (REA) [ISSN:] 1973-3909 [Volume:] 16 [Issue:] 3 [Year:] 2024 [Pages:] 393-408
Publisher: 
International Centre for Economic Analysis (ICEA), Waterloo (Ontario)
Abstract: 
This paper studies the variation across countries in mortality rates due to COVID-19. A two-stage approach is used to model international data on the spread of COVID-19. The first stage applies a convergence club framework to identify clusters of countries within which the development of the epidemic is similar. The second stage models the membership of these clusters as a function of policy responses and public responses to the pandemic, with a particular focus on education as a determinant of the public response. Data include COVID-19 mortality per million, tertiary education completed, age structure, and voice and accountability and government effectiveness measures for each country in the dataset. We find evidence of two convergence clubs, one with a higher and one with a lower COVID-19 death rate. We also find evidence to support the hypothesis that relatively high levels of educational attainment in a population predicts a lower COVID19 death rate among individuals 65 or more years of age. We speculate that this is attributable to more informed prosocial behaviors directed toward elderly people in the form of adherence to guidelines intended to reduce spread of the virus.
Subjects: 
COVID-19
convergence
education
world data
JEL: 
C23
I18
I23
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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