How Institutions Moderated the Pandemic's Economic Impact in EU Member States
Journal of Common Market Studies
; 61(2):503-525, 2023.
Artigo
em Inglês
| ProQuest Central | ID: covidwho-2232175
ABSTRACT
We investigate how institutional quality affected the economic downturn in EU countries during the COVID‐19 pandemic (2020–21). Using quarterly panel data, we show that countries with a higher quality of governance and a higher score of economic freedom suffered markedly less. Importantly, institutions mattered more when the pandemic shock was larger. Thus, the pandemic highlights the asymmetric impact of seemingly symmetric exogenous shock on EU economies and raises important issues about the necessary reforms for short‐run resilience and long‐run convergence.
Texto completo:
Disponível
Coleções:
Bases de dados de organismos internacionais
Base de dados:
ProQuest Central
Tipo de estudo:
Estudo experimental
/
Estudo prognóstico
Idioma:
Inglês
Revista:
Journal of Common Market Studies
Ano de publicação:
2023
Tipo de documento:
Artigo
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