scholarly journals The Impact of the SARS-CoV-19 Pandemic on the Global Gross Domestic Product

2021 ◽  
Vol 18 (10) ◽  
pp. 5246
Author(s):  
Piotr Korneta ◽  
Katarzyna Rostek
Keyword(s):  
Gross Domestic Product ◽  
Large Scale ◽  
Negative Impact ◽  
Piecewise Linear ◽  
Domestic Product ◽  
Piecewise Linear Approximation ◽  
Worldwide Phenomenon ◽  
National Economies ◽  
The Impact ◽  
The Relationship

The rapid, unexpected, and large-scale expansion of the SARS-CoV-19 pandemic has led to a global health and economy crisis. However, although the crisis itself is a worldwide phenomenon, there have been considerable differences between respective countries in terms of SARS-CoV-19 morbidities and fatalities as well as the GDP impact. The object of this paper was to study the influence of the SARS-CoV-19 pandemic on global gross domestic product. We analyzed data relating to 176 countries in the 11-month period from February 2020 to December 2020. We employed SARS-CoV-19 morbidity and fatality rates reported by different countries as proxies for the development of the pandemic. The analysis employed in our study was based on moving median and quartiles, Kendall tau-b coefficients, and multi-segment piecewise-linear approximation with Theil–Sen trend lines. In the study, we empirically confirmed and measured the negative impact of the SARS-CoV-19 pandemic on the respective national economies. The relationship between the pandemic and the economy is not uniform and depends on the extent of the pandemic’s development. The more intense the pandemic, the more adaptive the economies of specific countries become.

Индустријализација и раст бруто друштвеног производа // The Industrialization and Growth of Gross Domestic Product

2018 ◽  
Vol 13 (22) ◽  
pp. 151
Author(s):  
Брано Маркић ◽  
Сања Бијакшић ◽  
Арнела Беванда
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Gross Domestic Product ◽  
Industrial Production ◽  
Growth And Development ◽  
Manufacturing Sector ◽  
Domestic Product ◽  
Data Set ◽  
The Impact ◽  
The Relationship

Резиме: Рад је истраживање и емпиријска верификација закона Ницхолас Калдора о утицају индустријске производње на раст бруто друштвеног производа. Калдор је формулисао принципе економског раста у облику три закона који настоје утврдити кључне узроке економског раста. Први његов закон тврди да је стопа раста привреде позитивно корелирана са стопом раста њезина производног сектора. Индустрија као најважнија снага развоја привреде се поодавно анализира у литератури о привредном развоју: Hirschman (1961), Rosenstein-Rodan (1943), Th irnjall (2013), Cornnjall (1977). Циљ рада је емпиријски провјерити Калдоров приступ расту и развоју у Федерацији Босне и Херцеговине. Стога је обликован посебан скуп података кога чине дводимензионалне табеле и временске серије. Регресијском анализом је квантификована повезаност између стопа раста бруто друштвеног производа и стопе раста индустријске производње.Summary: The paper the industrialization and the growth of gross domestic product is a research and empirical verification of Nicholas Kaldor laws on the impact of industrial production to GDP growth. Kaldor has formulated the principles of economic growth in the form of three laws that tend to identify key causes of economic growth. His first law asserts that the rate of economic growth is positively correlated with the rate of growth of its manufacturing sector. Industry as the most important force of economic development is widely analyzed in the literature on economic development (Hirschman (1961), Rosenstein-Rodan (1943), Thirwall (2013), Cornwall (1977)). The aim is to empirically test the Kaldor’s approach to growth and development in the Federation of Bosnia and Herzegovina. It is therefore designed a special data set consisting of two-dimensional tables and time series. Using regression analysis was quantified the relationship between the growth rate of gross domestic product and the growth of industrial production. 

scholarly journals Education in Ukraine and Covid-19: New Perspectives and Opportunities

2021 ◽  
Vol 12 (6) ◽  
pp. 1405-1414
Author(s):  
Iryna Shtuler, Tatiana Suhak
Keyword(s):  
Financial Crisis ◽  
Gross Domestic Product ◽  
National Economy ◽  
Negative Impact ◽  
Domestic Product ◽  
Business Activity ◽  
Revenue Growth ◽  
Doing Business ◽  
Timely Response ◽  
The Impact

Officially, the COVID-19 pandemic reached Ukraine in March 2020 and came to Ukraine at a time when the national economy was not in the best condition. In fact, the COVID-19 pandemic has transformed not only the structure of the national economy, but also the way of doing business. This is evidenced by indicators that reflect changes in the structure of gross domestic product, changes in the structure of employment and marketing tools. The COVID-19 pandemic has already led to a financial crisis and a crisis in certain areas and sectors of the economy, but there are those who have benefited from quarantine measures. However, there are industries and areas of activity for which the COVID-19 pandemic has given a good start and revenue growth. Timely response and targeted action will reduce the negative impact of the COVID-19 pandemic, prevent a decline in business activity, create conditions for the development of Ukrainian manufacturers and reduce the impact of the crisis caused by the COVID-19 pandemic.

scholarly journals THE RELATIONSHIP BETWEEN MONETARY POLICY AND PRIVATE SECTOR CREDIT IN SADC COUNTRIES

2021 ◽  
Vol 9 (1) ◽  
pp. 46-54
Author(s):  
Vikela Liso Sithole ◽  
◽  
Tembeka Ndlwana ◽  
Kin Sibanda ◽  
◽  
...  
Keyword(s):  
Monetary Policy ◽  
Gross Domestic Product ◽  
Private Sector ◽  
Money Supply ◽  
Sustainable Growth ◽  
Domestic Product ◽  
Distributed Lag ◽  
Long Run ◽  
The Impact ◽  
The Relationship

This paper empirically examined the relationship between monetary policy and private sector credit in the Southern African Development Community (SADC) group of countries using a panel autoregressive distributed lag (ARDL) co-integration technique for the period from 2009 to 2018. The Hausman test result indicated that the null hypothesis of long-run homogeneity cannot be rejected and hence we accept the pooled mean group estimators (PMGE) as a consistent and efficient estimator. The PMGE results showed that credit to the private sector and gross domestic product have a positive and statistically significant long-run impact on money supply. The impact of credit to the private sector on money supply is shown by the results to be statistically significant and positive both in the short and long run. The impact of gross domestic product on money supply was found to be statistically significant positive in the long run while positive but insignificant in the short run. The study recommends policy attention that is directed towards the appetite for accelerated growth, investment, and employment in the SADC region but more importantly with more regard to the establishment of sustained macroeconomic stability as a precondition to sustainable growth and for the creation of monetary union in the region.

scholarly journals Impact of Gross Domestic Product on Small & Medium Enterprises

2021 ◽  
Vol 2 (1) ◽  
pp. 27-39
Author(s):  
Hafiz Mohammad Rizwan Rashid ◽  
Karim Nooruddin Arbani
Keyword(s):  
Gross Domestic Product ◽  
Interest Rates ◽  
Inflation Rate ◽  
Domestic Product ◽  
Secondary Sources ◽  
Inferential Analysis ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
The Impact ◽  
The Relationship

This study intends to explore the impact of Gross Domestic Product (GDP) on the Performance of Small & Medium Enterprises (SME) in Pakistan. As the Interest and Inflation rate are high, this research has been taken to find the relation between the changes in inflation and interest and how they impact the performance of SMEs. Although there are several studies associated with the DV (Small & Medium enterprises) but the paper is unique as it is (based upon data from Secondary sources of Pakistan where there is a severe lacking of such studies. Data has been collected through the Mono method to indicate the effect of GDP on the performance of SMEs). OCDC countries governments are facing the challenges of low growth, weak trade, weak investment and rising high inequality that’s why the researcher will investigate that the impact of GDP on the performance of SMEs is significant in high interest and inflation rate. Therefore this study is one of the epistemology / pervasive in nature as the study is potent to increase the knowledge in the area of business as well as foreign direct investors. However, this study was supplemented with some limitations as the data collected from the Mono method as an archival strategy from Pakistan. This study would also help the business sector manage their interest rates and attract foreign direct investors to invest more to increase the Gross Domestic Product of Pakistan. The sample size for the study is the past 15 years of data from secondary sources in Pakistan and the researcher will use the CFA and SAM approach using E-Views software that has been used for the purpose of data analysis and the major reason for the application of the software is the theory-building approach associated for finding the relationships between GDP and the Performance of SMEs. Although the paper is supported by descriptive due to quantitative in nature & as well as inferential analysis in order to make findings of the study potent and reliable enough. The use of the software indicated that there is a relationship between major IV (Gross Domestic Product) and DV of the study (Performance of Small & Medium Enterprises) and thus the result is prevalent in identifying the relationship between the variables GDP (IV) & Performance of SME (DV).

scholarly journals INFLUENCE OF TOURISM ON GROSS DOMESTIC PRODUCT (ON THE EXAMPLE OF OIL PRODUCING COUNTRIES)

2021 ◽  
Vol 31 (3) ◽  
pp. 371-379
Author(s):  
E.V. Kutyashova ◽  
O.E. Danilin
Keyword(s):  
Economic Development ◽  
Gross Domestic Product ◽  
Raw Materials ◽  
Domestic Product ◽  
Economic Activities ◽  
Economic Sectors ◽  
Average Growth ◽  
Level Of Economic Development ◽  
National Economies ◽  
The Impact

The article is devoted to the peculiarities of the economic development of oil-producing countries, the impact of tourism on the economy of energy exporting countries and the formation of gross domestic product. The high dependence of oil-producing countries on the export of raw materials, fluctuations in the world oil market and awareness of the limited resources require a policy of diversification of national economies. Overcoming the dependence of the economy on a narrow range of economic activities, countries choose rapidly developing economic sectors that provide investment inflows, high export earnings and job creation. One such sector is tourism and travel. Within the framework of the study, countries with a high degree of dependence on energy exports were identified and grouped according to the level of economic development. To identify the role of tourism in the formation of the gross domestic product and the development of oil-producing countries, the average growth rates of the gross domestic product, the contribution of tourism to GDP, and investment in tourism were calculated for the period from 2010 to 2019. The countries that have chosen tourism as the direction of economic diversification are highlighted. An assessment of the impact of tourism on the rates of development of national economies of oil-producing countries is given.

Pretreatment steroid use and completion of immunotherapy: A population-based study.

2019 ◽  
Vol 37 (15_suppl) ◽  
pp. 9567-9567
Author(s):  
Grace L. Lu-Yao ◽  
Nikita Nikita ◽  
Jennifer Maria Johnson ◽  
Scott W. Keith ◽  
Kuang-Yi Wen ◽  
...  
Keyword(s):  
Large Scale ◽  
Negative Impact ◽  
Population Based ◽  
Steroid Use ◽  
Population Based Study ◽  
Prevalence Estimates ◽  
Melanoma Patients ◽  
Pre Treatment ◽  
The Impact ◽  
The Relationship

9567 Background: The relationship between immunosuppressants and immunotherapy (IO) is an active area of research. Here we study the impact of pre-treatment steroid use on the completion of ipilimumab (ipi) therapy. Methods: This population-based study identified patients diagnosed with melanoma and treated with ipi (brand name Yervoy) in 2010-2014 from the linked Surveillance, Epidemiology and End Result-Medicare files. “Completion of IO on time” was defined as receiving 4 cycles of IO within 90 days. Otherwise, the patients were considered to have delayed or incomplete IO. The frequencies of patients completing each dose, up to 4 doses were tabulated. Exact Clopper-Pearson 95% confidence intervals (CI) were computed for prevalence estimates. A crude relative risk (RR) for completing IO was calculated. Results: We identified 1,205 melanoma patients treated with ipi with a median age of 71 years. Among 709 patients with no pre-treatment steroids, 35.7% had completed 4th dose of IO, compared to 20.3% of patients who received pre-treatment steroids within 1 month of IO (Table). In these patients, having no exposure to steroids in the year prior to initiating IO was associated with a 28% increased probability of completing the IO regimen (RR=1.28, 95% CI: 1.07-1.53). Conclusions: This large scale real-world study demonstrated both the overall completion rate of ipi in melanoma patients as well as the negative impact of pre-treatment steroids on rate of treatment completion. Further studies on treatment outcomes associated with pre-IO steroids use are warranted. [Table: see text]

scholarly journals HUBUNGAN ANTARA LUAS LAHAN PERTANIAN DENGAN PRODUK DOMESTIK REGIONAL BRUTO SEKTOR PERTANIAN DI KOTA TOMOHON

2016 ◽  
Vol 12 (1) ◽  
pp. 13
Author(s):  
Aditya Novandy Arotaa ◽  
Benu L.S. Olfie ◽  
Theodora M. Katiandagho
Keyword(s):  
Land Use ◽  
Gross Domestic Product ◽  
Agricultural Sector ◽  
Agricultural Land ◽  
Secondary Data ◽  
Domestic Product ◽  
Land Area ◽  
Department Of Agriculture ◽  
The Impact ◽  
The Relationship

Tomohon development as an autonomous region led to the need for non-agricultural land is increasing from time to time. This condition causes the competition has taken place in land use. Feared an increased need for non-agricultural land will lead to land conversion of agricultural land to non-agricultural. The transfer of land use will have an impact on agricultural production that will affect the agricultural sector GDP. This study aims to determine the relationship between the area of ​​agricultural land with a regional gross domestic product of agriculture in Tomohon. This study was conducted over four months starting in February 2015 to May 2015 in Tomohon. The data are used, in this study, is a secondary data obtained from the Office of National Statistics Agency (BPS) and the Department of Agriculture in To-mohon. Data presented tabularize and and analyzed using correlation analysis. The results showed that, in the last three years, agricultural land area in Tomohon shrinkage due to the need for non-agricultural land, especially residential construction increased. It is given Tomohon is a city that is building. Reduction of agricultural land in 2012 amounted to 1.77 percent by the year 2014 decreased by 0, 01 percent. Instead rate of growth of gross regional domestic product of the year 2012 increased by 6.54 percent to 6.92 percent in 2014. The study concluded that the impact of agricultural land being against the gross regional domestic product, caused by another factor, namely the constant price factors that influence regional gross do-mestic product of Tomohon. Thereforet, when the land area or size increased in 2005-2011 and decreased in the year 2012 - 2014 however regional gross domestic product still increased. The relationship between land area with a regional gross domestic product is being categorized correlated with the value of the correlation is 0.62.*er*

scholarly journals The Effect of Unemployment Rate on the Gross Domestic Product in Nigeria (A Bayesian Approach)

2021 ◽  
Author(s):  
Victor Agboli
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Gross Domestic Product ◽  
Positive Impact ◽  
Linear Regression Analysis ◽  
Domestic Product ◽  
Policy Recommendations ◽  
Bayesian Linear Regression ◽  
The Impact ◽  
The Relationship

This study investigates the impact of unemployment on the Gross Domestic Product (GDP) of Nigeria for a period of 28 years (1990-2018). The study focuses on the relationship between unemployment and economic growth in Nigeria (GDP). The method used in this study is the Bayesian Linear Regression Analysis, the major findings were that unemployment has a positive impact on the economic growth of Nigeria. Some suggestions and policy recommendations were made based on the findings.

scholarly journals MACROECONOMIC DETERMINANTS OF ECONOMIC GROWTH IN SERBIA

2017 ◽  
pp. 105 ◽  
Author(s):  
Ivan Milenković ◽  
Branimir Kalaš ◽  
Jelena Andrašić
Keyword(s):  
Gross Domestic Product ◽  
Negative Impact ◽  
Domestic Product ◽  
Public Expenditures ◽  
Macroeconomic Indicators ◽  
Great Relevance ◽  
Macroeconomic Determinants ◽  
The Impact ◽  
Determinants Of Economic Growth ◽  
Very High

Monetary policy is an important segment of the economic policy of each country where inflation and monetary aggregates represent its significant components. Their movement reflects the trends in the volume of money and the price level which is of great relevance for the economic situation in the country. The aim of the paper is to manifest the impact of macroeconomic indicators on the real gross domestic product. In this paper, inflation (INF), monetary aggregate (M3), public expenditures (PE) and foreign direct investment (FDI) are used as independent variables, while the gross domestic product is determined as a dependent variable. The results showed that there is a positive relationship between GDP and INF, PE and FDI, but it is statistically not significant. On the other hand, M3 has a negative impact on GDP, it is statistically significant. Using correlation matrix, a very high correlation between INF and PE was found, while the lowest correlation was recorded between GDP and INF.

scholarly journals Credit risk management and profitability: empirical evidence on Ethiopian commercial banks

2020 ◽  
Vol 8 (4) ◽  
pp. 377-386
Author(s):  
Shibiru Tade Kidane
Keyword(s):  
Risk Management ◽  
Gross Domestic Product ◽  
Credit Risk ◽  
Commercial Banks ◽  
Negative Impact ◽  
Capital Adequacy ◽  
Domestic Product ◽  
Credit Risk Management ◽  
Macroeconomic Factors ◽  
The Impact

The aim of the study was to assess the impact of credit risk management on the profitability commercial banks in Ethiopia. Secondary data was gathered from National Bank of Ethiopia for ten year periods (2010-2019). The study adopted Correlation analysis and fixed effect Model. Return on Asset was used to measure profitability of commercial banks, bank specific factors(Capital adequacy, Loan and Advances to total deposit, Non- Performing Loans, Bank size and Liquidity and macroeconomic factors (Inflation and Gross Domestic Product) as indicators of credit risk management. The findings showed that Credit Risk Management in terms of bank specific and macroeconomic factors has significant impact on profitability of commercial banks in Ethiopia. Also the result displayed that profitability of commercial banks is not affected by the amount of non- performing loans during the study. The study recommended that banks’ credit risk management should not give due devotion only to the internal factors  but also to external factors exclusively (Gross Domestic Product and Inflation) in order to minimize their negative impact on profitability of commercial banks in Ethiopia

Sign in / Sign up

Export Citation Format

Share Document