Assessing the Effectiveness of the Italian Risk-Zones Policy During the Second Wave of Covid-19
University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 457
13 Pages Posted: 29 Dec 2020 Last revised: 30 Dec 2020
Date Written: December 29, 2020
Abstract
On 4 November 2020, the Italian government introduced a new policy to address the second wave of Covid-19. Based on a battery of indicators, the 21 administrative regions of Italy were assigned a risk level among yellow, orange, red, and, starting on 6 November 2020, different types of restrictions were applied accordingly. In this work, we extract the daily growth rate of new cases, hospitalizations, and patients in ICU from official data using an unobserved components model and assess if the different restrictions had different effects in reducing the speed of spread of the virus.
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