scholarly journals Examining the Effects of Social and Economic Freedoms on the COVID-19 Pandemic

2021 ◽  
Author(s):  
Alexander Noviello ◽  
Sameer Menghani ◽  
Maksym Bondarenko ◽  
Bhushan Mohanraj ◽  
Oliver Solensky ◽  
...  
Keyword(s):  
Population Density ◽  
Gross Domestic Product ◽  
Economic Freedom ◽  
Clustering Algorithm ◽  
Domestic Product ◽  
Political Systems ◽  
Vaccination Rates ◽  
Economic Freedom Index ◽  
The Impact ◽  
Social Freedoms

Abstract Background Since early 2020, the COVID-19 pandemic has dominated people’s lives around the globe and, even with the start of vaccination efforts in late 2020, the virus is likely to continue to affect global economies and individual routines long after the end of 2021. As a result, numerous pandemic-related analyses have been completed. However, few of these studies focus on the impact of pre-existing societal and economic factors that may have played a role in the spread of COVID-19. This study evaluated the impact of social and economic freedoms, gross domestic product, and population density in nations around the world on COVID-19 cases, deaths, testing and vaccination rates. Methods To explore the effects of social and economic freedoms, gross domestic product, and other parameters on the COVID-19 pandemic, multiple datasets, including the Economic Freedom Index and the Human Freedom Index were used, along with COVID-19 data, to examine both direct and indirect relationships. The K-Means clustering algorithm was used for many analyses. Results High economic and social freedoms were associated with increased numbers of COVID-19 cases and deaths throughout 2020. Countries within the highest category of economic freedoms reported their first COVID-19 case 44 days before and their first virus death 91 days before low-economic-freedom nations, on average. Countries with the highest overall freedoms exhibited average COVID-19-stringency scores of 4.4, 12.85, and 4.49 points less than countries in the lowest freedom categories for the Spring, Summer, and Fall of 2020, respectively, representing less strict pandemic responses. Despite these relationships, countries with higher overall freedoms had a lower average fatality rate of 2.03% compared with countries in the lower freedom categories of up to 2.98%. Freedoms were also shown to correlate with other pandemic-influencing factors, including GDP, political systems, and population density. Conclusion High economic and social freedoms were associated with increased numbers of COVID-19 cases and deaths throughout 2020. Future analyses should address whether the enjoyment of freedoms can be balanced with the preservation of safety to improve responses to future pandemics.

ANALISIS DETERMINAN KUALITAS LINGKUNGAN PERIODE 1999-2013

2016 ◽  
Vol 21 (1) ◽  
pp. 9-20
Author(s):  
Ersalina Tang
Keyword(s):  
Foreign Direct Investment ◽  
Energy Consumption ◽  
Gross Domestic Product ◽  
Co2 Emissions ◽  
Direct Investment ◽  
Meat Consumption ◽  
Domestic Product ◽  
World Data ◽  
The World ◽  
The Impact

The purpose of this study is to analyze the impact of Foreign Direct Investment, Gross Domestic Product, Energy Consumption, Electric Consumption, and Meat Consumption on CO2 emissions of 41 countries in the world using panel data from 1999 to 2013. After analyzing 41 countries in the world data, furthermore 17 countries in Asia was analyzed with the same period. This study utilized quantitative approach with Ordinary Least Square (OLS) regression method. The results of 41 countries in the world data indicates that Foreign Direct Investment, Gross Domestic Product, Energy Consumption, and Meat Consumption significantlyaffect Environmental Qualities which measured by CO2 emissions. Whilst the results of 17 countries in Asia data implies that Foreign Direct Investment, Energy Consumption, and Electric Consumption significantlyaffect Environmental Qualities. However, Gross Domestic Product and Meat Consumption does not affect Environmental Qualities.

scholarly journals The impact of gross domestic product on the financing and investment efficiency of China’s commercial banks

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Zhen Shi ◽  
Shijiong Qin ◽  
Yung-ho Chiu ◽  
Xiaoying Tan ◽  
Xiaoli Miao
Keyword(s):  
Gross Domestic Product ◽  
Commercial Banks ◽  
Domestic Product ◽  
Investment Efficiency ◽  
Internal Factors ◽  
Slowing Down ◽  
Return On Capital ◽  
Overall Efficiency ◽  
Financing And Investment ◽  
The Impact

AbstractChina’s commercial banks have developed at a very rapid speed in recent decades. However, with global economic development slowing down, the impact of gross domestic product growth as an exogenous factor cannot be ignored. Most existing studies only consider the internal factors of banks, and neglect their external economic factors. This study thus adopts an undesirable dynamic slacks-based measure under an exogenous model in combination with the Kernel density curve to explore the efficiency of state-owned commercial banks (SOCBs), joint-stock commercial banks (JSCBs), and urban commercial banks (UCBs) in China from 2012 to 2018. The results show that SOCBs have the highest overall efficiency, followed by JSCBs, then UCBs. The efficiencies of SOCBs, JSCBs, and UCBs in the financing stage are greater than those in the investment stage, indicating that the latter stage brings down overall efficiency. Thus, all commercial banks need to focus on the efficiency of non-performing loans and return on capital. Finally, SOCBs need to strengthen internal controls, reduce non-performing loans and improve return on capital. JSCBs should actively expand its business while controlling costs, and UCBs should optimize its management.

scholarly journals Economic Freedom: The Top, the Bottom, and the Reality. I. 1997–2007

Entropy ◽  
2021 ◽  
Vol 24 (1) ◽  
pp. 38
Author(s):  
Marcel Ausloos ◽  
Philippe Bronlet
Keyword(s):  
Gross Domestic Product ◽  
Power Law ◽  
Economic Freedom ◽  
Power Laws ◽  
Domestic Product ◽  
Berlin Wall ◽  
Data Points ◽  
Transitional Point ◽  
Exponential Behaviour ◽  
Stable Exponent

We recall the historically admitted prerequisites of Economic Freedom (EF). We have examined 908 data points for the Economic Freedom of the World (EFW) index and 1884 points for the Index of Economic Freedom (IEF); the studied periods are 2000–2006 and 1997–2007, respectively, thereby following the Berlin wall collapse, and including 11 September 2001. After discussing EFW index and IEF, in order to compare the indices, one needs to study their overlap in time and space. That leaves 138 countries to be examined over a period extending from 2000 to 2006, thus 2 sets of 862 data points. The data analysis pertains to the rank-size law technique. It is examined whether the distributions obey an exponential or a power law. A correlation with the country’s Gross Domestic Product (GDP), an admittedly major determinant of EF, follows, distinguishing regional aspects, i.e., defining 6 continents. Semi-log plots show that the EFW-rank relationship is exponential for countries of high rank (≥20); overall the log–log plots point to a behaviour close to a power law. In contrast, for the IEF, the overall ranking has an exponential behaviour; but the log–log plots point to the existence of a transitional point between two different power laws, i.e., near rank 10. Moreover, log–log plots of the EFW index relationship to country GDP are characterised by a power law, with a rather stable exponent (γ≃0.674) as a function of time. In contrast, log–log plots of the IEF relationship with the country’s gross domestic product point to a downward evolutive power law as a function of time. Markedly the two studied indices provide different aspects of EF.

scholarly journals Are Business Regulations Improving Economic Growth? Case Study between ASEAN and European Union

2021 ◽  
Vol 9 (1) ◽  
pp. 44-53
Author(s):  
Karuniana Dianta Arfiando Sebayang ◽  
Belinda Febrina
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Gross Domestic Product ◽  
Quantitative Research ◽  
Domestic Product ◽  
The European Union ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
Business Regulations ◽  
The Impact

Economic activities require a transparent regulatory and policy environment that is accessible to all levels of society. This study aims to explain the impact of ease of doing business on economic growth in both ASEAN and the European Union since doing business indicators applied globally. Gross Domestic Product is used as a proxy variable for economic growth as Gross Domestic Product is an indicator to measure economic growth. This study uses a descriptive quantitative research model and uses multiple regressions to determine the effect of ease of doing business on economic growth in ASEAN and the European Union by comparing the result of each ASEAN and European Union. In this study it was found that in ASEAN, there are four indicators of doing business have significant impact to economic growth, while in the European Union five indicators have significant impact to economic growth.  

scholarly journals DETERMINANTS OF ECONOMIC DEVELOPMENT AND EMPLOYABILITY OF HIGHER EDUCATION INSTITUTIONS GRADUATES

2020 ◽  
Vol 31 (2) ◽  
pp. 211-220
Author(s):  
Emília Krajňáková ◽  
Vaida Pilinkienė ◽  
Patrik Bulko
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Czech Republic ◽  
Gross Domestic Product ◽  
Slovak Republic ◽  
Domestic Product ◽  
Experimental Development ◽  
Correlation Relationship ◽  
The Czech Republic ◽  
The Impact

The scope of the data presented in this study offers a comprehensive view of the issue of the HEI graduates employability in the Czech Republic and also in the Slovak Republic – related to determinants of economic development and their impact on them. This paper examines the impact of gross domestic product, gross domestic expenditure on research and experimental development by only higher education sector and foreign direct investment on HEI graduates employability. The results indicate that correlation between unemployment of tertiary educated Slovaks and GDP, GERD and FDI values was very big. Correlation relationship of similar determinants, except determinant GERD in conditions of the Czech Republic was characterized as weak. On the other hand, significantly stronger (very big to perfect) correlation affecting employment of tertiary educated Czechs regarding to indicators of gross domestic product, gross domestic expenditure on research and experimental development by sector of higher education and foreign direct investments as well. In conditions of the Slovak Republic, correlation relationship between employment of tertiary educated Slovaks and GDP was almost perfect.

Infrastructural Development

2017 ◽  
pp. 1-22 ◽  
Author(s):  
Maniklal Adhikary ◽  
Melisha Khatun
Keyword(s):  
Panel Data ◽  
Gross Domestic Product ◽  
Data Model ◽  
Electricity Production ◽  
Panel Data Model ◽  
Domestic Product ◽  
Rate Of Growth ◽  
Internet Users ◽  
Per Capita ◽  
The Impact

Development of infrastructure industries is essential to enhance the growth of a developing country. The present chapter attempts to examine the impact of infrastructure on Gross Domestic Product and Per Capita Gross Domestic Product of six SAARC countries from the period 1990-91 to 2013-14. The model is mis-specified whenever we have used the restricted panel data model. We have derived the results by employing the unrestricted panel data model. Impact of road, internet users and total electricity production on the level of GDP as well as on the level of PCGDP is highest for India among the all SAARC countries. India has also the highest rate of growth of GDP over the entire period. Rate of growth of PCGDP is highest for Sri Lanka followed by India.

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