Evaluation of Economic Interventions in Economic Blocks during an Economic and Sanitary Crisis

The purpose of this study is to evaluate the economic interventions that took place during the initial stages of the pandemic in 2020 in the US, Mexico, and Canada. These countries share a free trade agreement that indicates their willingness to cooperate in economic terms with each other and that t...

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Main Authors: Carmin Montante, Clemente Hernandez-Rodriguez
Format: Article
Language:English
Published: MDPI AG 2024-07-01
Series:Engineering Proceedings
Subjects:
Online Access:https://www.mdpi.com/2673-4591/68/1/55
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author Carmin Montante
Clemente Hernandez-Rodriguez
author_facet Carmin Montante
Clemente Hernandez-Rodriguez
author_sort Carmin Montante
collection DOAJ
description The purpose of this study is to evaluate the economic interventions that took place during the initial stages of the pandemic in 2020 in the US, Mexico, and Canada. These countries share a free trade agreement that indicates their willingness to cooperate in economic terms with each other and that they should adopt similar economic policies due to both their shared agreements and proximity. However, the economic interventions adopted by two of the three countries were not considered by the other, which makes for an interesting comparison. Interrupted time series analysis is a quasi-quantitative method that has recently been used in evaluating policy during a specific time. This study is interested in focusing on the economic interventions that were put into practice in neighboring countries that have formed a free trade alliance named USMCA. The method of a systematic analysis of interrupted time series will be used as a basis for organizing the article to provide further validity to the study.
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spelling doaj-art-b4930b356a8b4906b1568a25b8a888fe2025-08-20T02:11:25ZengMDPI AGEngineering Proceedings2673-45912024-07-016815510.3390/engproc2024068055Evaluation of Economic Interventions in Economic Blocks during an Economic and Sanitary CrisisCarmin Montante0Clemente Hernandez-Rodriguez1Department of Economics, CUCEA (Economics and Administrative Science University Center), Mexico Universidad de Guadalajara, Zapopan 45100, MexicoDepartment of Economics, CUCEA (Economics and Administrative Science University Center), Mexico Universidad de Guadalajara, Zapopan 45100, MexicoThe purpose of this study is to evaluate the economic interventions that took place during the initial stages of the pandemic in 2020 in the US, Mexico, and Canada. These countries share a free trade agreement that indicates their willingness to cooperate in economic terms with each other and that they should adopt similar economic policies due to both their shared agreements and proximity. However, the economic interventions adopted by two of the three countries were not considered by the other, which makes for an interesting comparison. Interrupted time series analysis is a quasi-quantitative method that has recently been used in evaluating policy during a specific time. This study is interested in focusing on the economic interventions that were put into practice in neighboring countries that have formed a free trade alliance named USMCA. The method of a systematic analysis of interrupted time series will be used as a basis for organizing the article to provide further validity to the study.https://www.mdpi.com/2673-4591/68/1/55interrupted time seriesBayesian modelsCOVID-19
spellingShingle Carmin Montante
Clemente Hernandez-Rodriguez
Evaluation of Economic Interventions in Economic Blocks during an Economic and Sanitary Crisis
Engineering Proceedings
interrupted time series
Bayesian models
COVID-19
title Evaluation of Economic Interventions in Economic Blocks during an Economic and Sanitary Crisis
title_full Evaluation of Economic Interventions in Economic Blocks during an Economic and Sanitary Crisis
title_fullStr Evaluation of Economic Interventions in Economic Blocks during an Economic and Sanitary Crisis
title_full_unstemmed Evaluation of Economic Interventions in Economic Blocks during an Economic and Sanitary Crisis
title_short Evaluation of Economic Interventions in Economic Blocks during an Economic and Sanitary Crisis
title_sort evaluation of economic interventions in economic blocks during an economic and sanitary crisis
topic interrupted time series
Bayesian models
COVID-19
url https://www.mdpi.com/2673-4591/68/1/55
work_keys_str_mv AT carminmontante evaluationofeconomicinterventionsineconomicblocksduringaneconomicandsanitarycrisis
AT clementehernandezrodriguez evaluationofeconomicinterventionsineconomicblocksduringaneconomicandsanitarycrisis