Effectiveness of public policy in reviving the COVID-19 hit economy: Evidences from Kerala, India
- Title
- Effectiveness of public policy in reviving the COVID-19 hit economy: Evidences from Kerala, India
- Creator
- Mohammed Kasim C.; Azad P.; Muhammed Refeque E.; Maya K.
- Description
- The economic crisis triggered by the COVID-19 urgently required active policy interventions to enhance the revival strategies of the world economy. This paper examines the effectiveness of policy intervention of the State Government of Kerala in India in mitigating the risks caused by the pandemic. The policy effectiveness is evaluated by analyzing the data collected from a sample of 300 beneficiaries with the help of descriptive statistics, ordered probit (OP) model, and semi nonparametric extended OP (SNEOP) model. Our results are assertive with the fact that state policies are effective in reviving the crisis-hit economy as they have primarily helped low-income groups and other marginalized communities. The majority of BPL families, self-help group members, and social security beneficiaries rated government policies as highly or fairly effective. Though the policies are found to be highly effective among those who have suffered income loss, the study does not find sufficient evidence to believe that the government interventions are effective in helping those who have lost their jobs. The level of effectiveness is inversely related to age, education, and family size. Our results suggest that an extensive fiscal package is required to help people recover from the crisis. 2021 John Wiley & Sons Ltd.
- Source
- Journal of Public Affairs, Vol-22, No. S1
- Date
- 2022-01-01
- Publisher
- John Wiley and Sons Ltd
- Subject
- COVID-19; effectiveness; Kerala; ordered probit and semi nonparametric extended OP models; public policy
- Coverage
- Mohammed Kasim C., Department of Economics, Farook College (Autonomous), 'Kerala', Kozhikode, India; Azad P., Department of Economics, MES Kalladi College, Kerala, Palakkad, India; Muhammed Refeque E., CEO, Straightpath Group of Educations, Kerala, Malappuram, India; Maya K., Department of Economics, Christ University, Karnataka, Bangalore, India
- Rights
- All Open Access; Green Open Access
- Relation
- ISSN: 14723891
- Format
- Online
- Language
- English
- Type
- Article
Collection
Citation
Mohammed Kasim C.; Azad P.; Muhammed Refeque E.; Maya K., “Effectiveness of public policy in reviving the COVID-19 hit economy: Evidences from Kerala, India,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 25, 2025, https://archives.christuniversity.in/items/show/14801.