The socio-economic catalysers of COVID-19 pandemic

Abstract

The COVID-19 pandemic was triggered on December 2019 in the city of Wuhan, China, spreading across the world causing global economic crisis and public health emergency. One could ask: what are the socio-economic factors that catalyse the spread of the disease and why are some countries more affected by the COVID-19 pandemic. Therefore, the goal of this paper is to investigate these socio-economic catalysers of the COVID-19 spread. For that purpose, a cross-country regression analysis was conducted at three time points (April 1st, 2020, April 15th 2020 and April 29th, 2020) using OLS, Tobit and PPML estimators. The results of the analysis have shown that countries with higher gross domestic product per capita, population, HDI and HFI indices have been hardely hit with the global COVID-19 pandemic. When some variables were transformed with by dividing it with the population variable, POPDEN and TOUR variables appeared to be significant. The AGE variable was important in the model taking into account total deaths due to the COVID-19 infection. The limitations of the paper are related to data unavailability for some variables in the most recent year. The results obtained from this analysis should be repeated, taking into account other time points and additional COVID-19 socioeconomic catalysers.

Discriminating Between the Side Effects of the Firm Behavior: Did We Import COVID-19?

“…Birenbaum-Carmeli & Chassida (2020) presents findings on the effects of socio-demographic variables on COVID-19 morbidity in Israel. Jošić (2020) presents socio-economic factors that catalyze the spread of the virus in different countries. Varkey et al (2020) run OLS regressions on socio-economic determinants of the pandemic among 42 Asian countries.…”

Incidencia de factores socioeconómicos y culturales en la propagación de la infección por SARS-CoV-2 en las regiones peruanas

“…En el ámbito internacional, existe una cantidad considerable de estudios de corte empírico que señalan la existencia de una importante y significativa asociación entre los factores de riesgo del entorno socioeconómico y cultural y la infección por coronavirus (Amate-Fortes & Guarnido-Rueda, 2023;Backer et al, 2022;Buja, et al, 2020;Gangemi et al, 2020;Haldar & Sethi, 2020;Hrvoje, 2020;Karmakar et al, 2021;Kjøllesdal et al, 2022;Lin et al, 2020;Mansour et al, 2021;Morante-García et al, 2022;Singu et al, 2020;Wachtler et al, 2020). Estos factores de riesgo, en interacción con las variables biológicas y genéticas, condicionan la propagación de la covid-19 (Balboa-Castillo et al, 2021).…”