COVID-19 control measure and economic growth resilience in Central
Africa: does corruption matter?
Abstract
This study assesses the effects of COVID-19 control measures on the
resilience of economic growth. We applied the ordinary least squares
method on a sample of 11 Central African countries with daily data from
2020 to 2021. According to the results, measures to combat COVID-19
(income support, fiscal debt relief, closure of schools and workplaces,
cancellation of public events, quarantine, handwashing and lockdown)
decrease the ability of economic growth to withstand the COVID-19 shock
and to return to equilibrium after the shock. Furthermore, the results
of the mediation analysis show that the effects of COVID-19 control
measures (income support and debt relief) on the resilience of economic
growth is mediated by corruption. From a policy perspective, we suggest
strengthening political, economic and health institutions to combat
future shocks.