Impact of Covid‐19 on the convergence of GDP per capita in OECD countries

Martinho, Vítor João Pereira Domingues

doi:10.1111/rsp3.12435

Cited by 30 publications

(21 citation statements)

References 88 publications

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“…Economically, only the North African countries experienced a GDP rise during the COVID pandemic. We cannot attribute the rise or fall in GDP strictly to the effect of COVID-19, but Martinho, in his study on the impact of COVID-19 on the GDP of OECD (The Organisation for Economic Co-operation and Development) countries, observed that the economic impacts from COVID‐19 were greater in countries with a higher incidence rate from the pandemic, in terms of total cases except Greece [ 30 ]. Maliszewka et al had predicted that in a best-case scenario, the GDP in developing countries would fall by 2.5 percent and higher in an amplified pandemic scenario [ 31 ].…”

Section: Discussionmentioning

confidence: 99%

COVID-19 in Africa: An Explorative Cross-Sectional Analysis of Twenty-One African Countries From January to June 2020

Awoyemi¹,

Adenipekun²,

Chima-Kalu³

et al. 2022

Cureus

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Introduction: Africa has surprisingly recorded better gains in containing the coronavirus spread than countries with the better health indices, such as the USA and UK. The low rate of coronavirus disease 2019 (COVID-19) cases and death in Africa represents a puzzle with different biological and social theories such as low COVID-19 testing capacity, substantial young population, few old people, favourable climate, genetic admixture, infectious disease antibodies, and sound community health care systems proposed. We aimed to understand the COVID-19 preventive measures in a group of twenty-one systematically selected African countries that may explain the low burden of COVID-19 in Africa. Methods: Data (COVID-19, health, socioeconomic, and demographics indices) of twenty-one systemically selected African countries were retrieved from the various official country and multilateral organization sources such as Worldbank, and the United nations development Programme (UNDP). The extracted data were analyzed in three large groups: international travel restrictions, physical and social distancing, and movement restrictions (lockdown measures; curfews, partial or/and national lockdowns). Data cleaning, analysis (including Pearson correlation), and visualization were done with Microsoft Excel and Graph Pad Prism version 9 ( https://www.graphpad.com /). Result: Southern Africa had the greatest number of cases and deaths within the period studied compared to East Africa, which was the least COVID-19 affected sub-region (in terms of COVID-19 cases and deaths). We observed that coronary artery disease death rate was highly correlated with COVID-19 death density (number of COVID-19 deaths/total population) and similarly observed a correlation between the number of cases and deaths and number of in-country arrivals, pandemic preparedness (health security index), COVID-19 containment, and health index (not correlated with deaths). Finally, we noted that the most effective preventive strategy was the 'use of a face mask'. Conclusion: Africa had fewer COVID-19 cases and COVID-19 related deaths. Our data shows that the rapidity and stringency of COVID-19 preventive measures and government policies, and the low level of tourism in Africa compared to other countries (i.e., low COVID-19 seeding rate) may have been contributory to these favorable statistics. We hope these findings impact how the preparedness for pandemics can be enhanced to decrease the burden of preventable deaths and morbidity.

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Section: Discussionmentioning

confidence: 99%

COVID-19 in Africa: An Explorative Cross-Sectional Analysis of Twenty-One African Countries From January to June 2020

Awoyemi¹,

Adenipekun²,

Chima-Kalu³

et al. 2022

Cureus

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“…The effective resistance to disease helps the increase of Chinese GDP, although strong anti-optic action such as sealing city greatly affected China's economic growth in a short time [8]. But soon control the spread of the epidemic.…”

Section: Valid Anti-optic Actionmentioning

confidence: 99%

The Study of the Reason for Continuously Growth GDP in China under COVID-19 through a Company’s Perspective

Wang¹

2022

Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

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Under COVID-19, the GDP of different countries is affected in different states. For China, GDP continued to grow during this period. This paper provides a summary and analysis of different literature and statistics on the impact of COVID on different aspects, including the impact of low income and the majority of consumption of consumers on essentials rather than entertainment, and the huge impact of businesses on their supply chains and the impact of demand decrease on expansion. In addition, the article also explains the reasons for continuous growth and future development, and gives suggestions for future market strategies for enterprise development, including maintaining a certain cash flow, increasing the application of digital office models, etc.

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“…They had the second lowest GDP per capita level, which was compensated with the highest real rate of GDP growth. This fact creates the precondition of convergence of the OECD countries in terms of the GDP per capita indicator as this indicator is suitable for the analysis of the convergence processes [73]. These countries' municipal waste generation per capita was the second lowest, but the percentage of recycling or composting of the waste was also very low.…”

Section: Cluster Analysis Of the Oecd Countries In Periodmentioning

confidence: 99%

Green Growth in the OECD Countries: A Multivariate Analytical Approach

2021

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Green growth is about merging environmental and social protection with economic growth. The OECD countries follow the progress toward greening though a set of indicators. The aim of the study is to analyze the condition and development of the OECD countries using a set of green growth indicators. The univariate and multivariate statistical approach was used to identify the main features of green growth development in two time spans. The achieved success of the OECD countries toward the green growth was measured from period 1 (years 2000–2009) to period 2 (years 2010–2019). For stimulant indicators, an increase was achieved, while for the destimulant variables, a decrease was reached between the analyzed periods. CO2 productivity increased by more than 31%, material productivity by 25%, and the energy productivity by nearly 21%. From the ecological point of view, a positive sign was achieved by an intensive increase of the percentage of municipal waste treatment by recycling or composting. The real GDP increased between periods in each of the OECD countries, except in Greece. The destimulant indicators decreased over time. The mortality declined by about 20% from exposure to ambient PM2.5 and thus the welfare costs of premature death from exposure to PM2.5 also declined. The decline of the mean population exposure to PM2.5 by 12.5% on average for the OECD countries is a positive signal for environmental protection and public health of the OECD population. Some uncertainty exists as the municipal waste generated per capita decreased only slightly by 2%.

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Impact of Covid‐19 on the convergence of GDP per capita in OECD countries

Cited by 30 publications

References 88 publications

COVID-19 in Africa: An Explorative Cross-Sectional Analysis of Twenty-One African Countries From January to June 2020

COVID-19 in Africa: An Explorative Cross-Sectional Analysis of Twenty-One African Countries From January to June 2020

The Study of the Reason for Continuously Growth GDP in China under COVID-19 through a Company’s Perspective

Green Growth in the OECD Countries: A Multivariate Analytical Approach

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