The world is grappling with unexpected and unknown financial crises by a deadly Coronavirus. Everyday news is coming up with a further spread of Coronavirus with more number of deaths and infections, nearly 190 countries and territories have reported Coronavirus cases. Adverse effects of this lethal virus have been experiencing in developed and developing economies equally. Travel and tourism, hospitality, food and beverage sector, and stock market are severely impacted. The article attempts an in-depth analysis of how the disease is affecting transport, hospitality, food and beverage, and the stock market. Governments across the countries have issued an advisory to their citizens to avoid unnecessary travel to stop the further spread of the Coronavirus, many countries have canceled the visa of passengers belonging to Coronavirus prone countries. Due to the fear-mongering environment, people are afraid to travel, due to all these reasons, the transport sector is about to lockdown. According to the International Air Transport Association, the aviation industry may lose between 63 billion dollars and the broad impact can go to 112 billion dollars.
Covid‐19 has forced academic institutions around the world to shift toward the digital platform for teaching. The study aimed to find a possible model to understand the challenges of online teaching from home. Literature review and expert opinion identified the issues related to students, institutions, instructors, technology, and content, and based on the expert's opinion, the motivation construct was added. To obtain the data faculty members of different universities of North India were approached and requested to fill a self‐administered questionnaire. This data was analyzed for its reliability and validity. Finally, the factor loading of all the items was analyzed to determine the scale appropriability.
The motive of this study is to identify the factors influencing the willingness to pay (WTP) a premium price for socially responsible food products (SRFPs) in India. This study is based on primary survey of 398 respondents. Descriptive statistics and factor analysis have been used for data analysis. Further, logistic regression was used to examine the factors affecting the WTP a premium price for SRFPs. Results demonstrate that respondents of higher age are more likely to pay premium prices for SRFPs. Male consumers are two times more likely to have higher WTP for SRFPs. WTP a premium price is significantly influenced by the consumers' reference group, pro‐environmental intention, and concern for the animals. Gender, age, consumers' reference group, pro‐environmental intention, and concern for the animals determine WTP premium prices for SRFPs. There are relatively very limited researches on this topic in emerging economies including India, where the adoption of socially responsible products is in early stage. The practical implications of this study are to help in increasing the sales of the SRFPs and producers to develop appropriate policy design.
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