Whether Economic Freedom Is Significantly Related to Death of COVID-19

Abstract

COVID-19 has caused a huge mayhem globally. Different economic freedom leads to different performances of a country's reaction to the pandemic. We study 164 countries and apply mathematical and statistical approaches to tackle the problem: whether economic freedom has a significant impact on the death of COVID-19. We devise a metric, some norms, and some orderings to construct an absolute reference and the actual relation via binary sequences. Then, we use the theoretical binary sequences to construct a probability distribution which linearises the strength of relation between economic freedom and death of COVID-19. Then, the actual relation from the data analysis provides an evidence to the hypothetical testing. Our analysis and model show that there is no significant relation between economic freedom and death of COVID-19.