Governments' Economic Responses to COVID-19 (Econ-Response2covid19)

Principal Investigator(s):  View help for Principal Investigator(s) Simon Porcher, Université Paris Panthéon-Assas

Version:  View help for Version V2

Name File Type Size Last Modified
  Figures 12/20/2022 06:06:AM
Data_description.pdf application/pdf 2.5 MB 03/02/2023 10:56:PM
Sources.xlsx application/vnd.openxmlformats-officedocument.spreadsheetml.sheet 40.1 KB 12/19/2022 10:53:PM
raw_data.dta application/x-stata-dta 15.3 MB 12/26/2022 06:49:AM
script.do text/plain 146 KB 12/19/2022 11:37:PM

Project Citation: 

Porcher, Simon. Governments’ Economic Responses to COVID-19 (Econ-Response2covid19). Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2023-03-03. https://doi.org/10.3886/E183611V2

Project Description

Summary:  View help for Summary We introduce a new dataset of ten economic measures in percentage of gross domestic product implemented by governments worldwide between January 2020 and June 2021 to fight COVID-19. The measures coded include fiscal measures (wage support, cash transfers, in-kind transfers, tax cuts, sectorial support and credit schemes), tax deferrals, off-budget measures, and main policy rate cuts. The data can be used to study the impact of economic measures on different outcomes, and to understand the diffusion of economic policies during crises.

Scope of Project

Subject Terms:  View help for Subject Terms cross-country; economic measures; covid-19
Geographic Coverage:  View help for Geographic Coverage World
Time Period(s):  View help for Time Period(s) 1/1/2020 – 6/1/2021
Collection Date(s):  View help for Collection Date(s) 1/1/2021 – 6/30/2021
Data Type(s):  View help for Data Type(s) aggregate data

Methodology

Data Source:  View help for Data Source The data were collected via a wide variety of sources. The two main sources are the IMF fiscal monitor database in response to the COVID-19 pandemic and the IMF COVID-19 policy tracker. The IMF fiscal monitor database summarizes on a quarterly basis from January 2020 until October 2021 the key fiscal measures that governments have announced or taken in response to COVID-19 for the G20 Advanced and Emerging Market Economies, 26 Non-G20 Advanced Economies, 82 Non-G20 Emerging Market Economies, and 59 Low-Income Developing Countries.

The second key source is the COVID-19 policy tracker of the IMF, which summarizes the various fiscal measures taken by countries. 

Secondary sources include the draft budgetary plans of the European Union countries published on the website of the European Commission, the Organization for Economic Cooperation and Development (OECD), the announcements of central governments and ministries, and official press articles. These secondary sources were useful in obtaining the exact date of the implementation of policies. 
Collection Mode(s):  View help for Collection Mode(s) other
Scales:  View help for Scales Measures are coded in % of 2019 GDP.
Unit(s) of Observation:  View help for Unit(s) of Observation Country-day
Geographic Unit:  View help for Geographic Unit Country or territory

Related Publications

Download this project

Published Versions

V2 [2023-03-03]

V1 [2022-12-20]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.