COVID-19 Pandemic and Lockdown Fine Optimality

The first stream of economic studies on public policy responses during the COVID-19 pandemic focused stringency, effectiveness, and impact countries’ interventions paid rather little attention to corresponding means used support them. present paper scrutinizes lockdown measures and, particularly, examines optimality fines imposed by countries worldwide towards ensuring citizens’ compliance. Initially, a triad fine stringency indicators are compiled, is evaluated in comparative context, among considered. Consequently, incorporated into regression analysis with various epidemiological, socioeconomic, factors reveal any drivers variability. Finally, theoretical approaches behind capitalized real data estimating optimal for each country objectives are, first, check around world second, develop test formula that could be order assist makers formulate evidence-based confronting pandemic. findings highlight do not seem have been sound reasoning majority considered larger fines, compared ones, lockdowns. stresses need imposition science-based reflect social cost non-compliance measures.