The Synergistic Approach to Combat the Covid-19 Pandemic: An Empirical Evidence from Pakistan

Authors

  • Wajid Alam Assistant Professor, Lahore School of Accountancy and Finance, University of Lahore, Pakistan Author
  • Sara Hafeez MPhil Scholar, Lahore School of Accountancy and Finance, University of Lahore, Pakistan Author
  • Saleh Nawaz Khan Assistant Professor, Lahore School of Accountancy and Finance, University of Lahore, Pakistan Author

Keywords:

Stringency Index, Financial Support Index, Health and Containment Index, Policy Measures, COVID-19 outbreak

Abstract

The COVID-19 outbreak is the most severe natural disaster, which spread rapidly, restricted people from gathering, stopped product movement, and entangled entire global businesses. The potential risk that emerged from the Covid-19 pandemic was uncertain. Only effective measures from the government are helpful to combat such outbreaks. Response to Covid-19 varies across countries, depending on economic, cultural, and other relevant factors. Pakistan is one of the countries praised by WHO for combating covid pandemic effectively. This study contributes to the existing stock of literature by examining the synergistic approaches to COVID-19 in the context of Pakistan. Daily data is used for indices comprised of COVID pandemic and policy response from February 2020 to April 2022. The augmented Dickey-Fuller (ADF) test is used for stationarity and regression for accomplishing main objectives. The study's findings further proclaimed that a synergistic approach fights very well against COVID-19 and keeps such a pandemic in control. To the best of our knowledge, there is limited evidence in the literature on policy response with covid-19 outbreak in Pakistan, where WHO has praised Pakistan due to key measures effective in curbing the severity of the COVID-19 outbreak.   

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Published

2023-12-31

How to Cite

The Synergistic Approach to Combat the Covid-19 Pandemic: An Empirical Evidence from Pakistan. (2023). International Research Journal of Management and Social Sciences, 4(4), 160-175. http://irjmss.com/index.php/irjmss/article/view/177

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