The equity-efficiency trade-off and the intensity of COVID-19 pandemic government responses: evidence from US states

被引:2
|
作者
Christopoulos, Konstantinos [1 ]
Eleftheriou, Konstantinos [1 ]
Nijkamp, Peter [2 ,3 ]
机构
[1] Univ Piraeus, Dept Econ, Piraeus, Greece
[2] Alexandru Ioan Cuza Univ, Iasi, Romania
[3] Open Univ Netherlands, Heerlen, Netherlands
关键词
COVID-19; economic efficiency; Gini index; lockdown measures; spatial econometrics; wage inequality; INCOME INEQUALITY; ENVIRONMENTAL-PROTECTION; GROWTH; PANEL; SUPPORT; TRENDS;
D O I
10.1080/00343404.2023.2207588
中图分类号
F [经济];
学科分类号
02 ;
摘要
The relation between equity and efficiency remains at the heart of regional policy. This study captures the effect of the COVID-19 pandemic government responses on the above-mentioned relation. To do so, we employ cross-sectional data from US states for 2020 and a spatial econometric model specification in the context of Corona policy effects. We find an inverted-'U' relationship between inequality and efficiency. Additionally, the effect of the intensity of government responses to COVID-19 on the equity-efficiency relation depends on the state's per capita gross domestic product (GDP) levels.
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页码:350 / 364
页数:15
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