The Effects of Health Crisis on Economic Growth, Health and Movement of Population

Constantin Anghelache, Mădălina-Gabriela Anghel, Ștefan Virgil Iacob, Mirela Panait, Irina Gabriela Rădulescu, Alina Gabriela Brezoi and Adrian Miron
Additional contact information
Constantin Anghelache: Department of Statistics and Econometrics, Bucharest University of Economic Studies, 6 Piata Romana, 1st District, 010374 Bucharest, Romania
Mădălina-Gabriela Anghel: Finance and Accounting Department, “Artifex” University of Bucharest, 47 Economu Cezărescu Street, 6st District, 060754 Bucharest, Romania
Ștefan Virgil Iacob: Finance and Accounting Department, “Artifex” University of Bucharest, 47 Economu Cezărescu Street, 6st District, 060754 Bucharest, Romania
Mirela Panait: Faculty of Economic Sciences, Petroleum-Gas University of Ploieşti, 39 Bucharest Boulevard, 100680 Ploieşti, Romania
Irina Gabriela Rădulescu: Faculty of Economic Sciences, Petroleum-Gas University of Ploieşti, 39 Bucharest Boulevard, 100680 Ploieşti, Romania
Alina Gabriela Brezoi: Faculty of Economic Sciences, Petroleum-Gas University of Ploieşti, 39 Bucharest Boulevard, 100680 Ploieşti, Romania
Adrian Miron: Elias Surgery Clinic, 17 Marasti Boulevard, 011461 Bucharest, Romania

Sustainability, 2022, vol. 14, issue 8, 1-22

Abstract: The COVID-19 pandemic crisis, which was triggered in 2019 with oscillating evolution in 2020 and 2021, was a factor that has had dramatic effects on the economic growth of countries worldwide. In the context of the pandemic crisis, population health has deteriorated; education and economic activity in all the countries around the world have been affected. The main purpose of this paper is to highlight the special situations that humanity is experiencing as a result of the unprecedented effects that the COVID-19 crisis is having on the socioeconomic evolution. Specific statistical econometric methods (such as analysis of linear correlations, multiple linear regression, analysis based on dynamics indicators, and spectral analysis, comparability based on indices) were applied to highlight the evolution and future prospects of the COVID-19 virus worldwide. The COVID-19 crisis has generated another major issue for mankind, along with global warming and the energy transition, namely, population health. For this reason, in this study, we focused on the impact of the COVID-19 crisis on population health in a broader context; the sustained growth of populations in developing countries and aging populations in developed economies.

Keywords: health; education; economic growth; standard of living; pandemic; crises; indicators; models; perspectives (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:8:p:4613-:d:792319

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