Interaction between Health and Financial Status on Coping Behaviors during the COVID-19 Pandemic

Mehmet Yanit, Kan Shi (), Fang Wan and Fei Gao
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Mehmet Yanit: Asper School of Business, University of Manitoba, Winnipeg, MB R3T 5V4, Canada
Kan Shi: The Institute of Wenzhou Development Model Research, Wenzhou University, Wenzhou 325035, China
Fang Wan: Asper School of Business, University of Manitoba, Winnipeg, MB R3T 5V4, Canada
Fei Gao: Marketing Department, Bentley University, Waltham, MA 02452, USA

IJERPH, 2022, vol. 19, issue 20, 1-16

Abstract: Background: The year 2022 started with protests against COVID-19 restrictions throughout North America. These events manifest the fact that some segments of the population are not compliant with the preventive measures of COVID-19, and the reasons of the disobedience against public health regulation remain unclear. The current paper examined the joint effect of financial and health status on people’s likelihood of pursuing active coping efforts (i.e., following preventive measures) and giving up coping with the COVID-19 pandemic. Method: We conducted a large-scale survey study in China ( N = 3834) in May 2020. Results: Our results showed that people with low financial status were less likely to manifest active coping behavior and more likely to give up coping with the pandemic. People’s self-confidence in coping with the pandemic mediated this effect. We showed that one’s health status could interact with their financial status in a way that healthy people with low financial status would have less confidence in their coping abilities and thus become less likely to pursue active coping efforts and more likely to give up coping with the pandemic. Conclusions: Our results call for policymakers to find more effective solutions for noncompliant groups so that they can abide by the general guidelines in the COVID-19 context and other social crises that may emerge in the future. We suggest that governments should concentrate their support efforts on healthy populations of low financial segments to prevent COVID-19 and other infectious diseases in the future from spreading further.

Keywords: financial status; shift-and-persist; COVID-19; pandemic; confidence (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
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