Determinants of the perceived financial threat of COVID-19 and implications for household economic stability: an application of the partial proportional odds model

Maru Zewdu Kassie (), Seyifemickael Amare Yilema (), Alebachew Taye Belay, Najmeh Nakhaei Rad and Ding-Geng Chen
Additional contact information
Maru Zewdu Kassie: Assosa University
Seyifemickael Amare Yilema: Debre Tabor University
Alebachew Taye Belay: Debre Tabor University
Najmeh Nakhaei Rad: University of Pretoria
Ding-Geng Chen: University of Pretoria

Health Economics Review, 2025, vol. 15, issue 1, 1-10

Abstract: Abstract Background The COVID-19 pandemic has been one of the most significant global health crises in recent years. This study aimed to assess the determinants of perceived financial threat of COVID-19 and its implications on household’s economic stability in Ethiopia. Methods A cross-sectional study was conducted on 3058 households from the third round of the COVID-19 high-frequency phone survey of households (HFPS-HH) data, executed by the Central Statistical Agency of Ethiopia in partnership with the World Bank. The data were extracted and managed using STATA version 17. A partial proportional odds model was applied to assess the significant predictors that affect the perceived financial threat of COVID-19. Result The analysis revealed that 79.9% of respondents (95% CI: 78.5–81.4%) experienced some level of financial threat from the COVID-19 pandemic, with the majority of them (61.7%; 95% CI: 60.0–63.4%) perceiving it as a substantial financial threat. Key factors of financial threat included Age [AOR = 1.280, P = 0.008]; COVID-19 illness worry for substantial threat (AOR = 0.546, p

Keywords: COVID-19; Household; Perceived financial threat; Partial proportional odds model; Economic stability (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1186/s13561-025-00637-4 Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:hecrev:v:15:y:2025:i:1:d:10.1186_s13561-025-00637-4

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/13561

DOI: 10.1186/s13561-025-00637-4

Access Statistics for this article

Health Economics Review is currently edited by J. Matthias Graf von der Schulenburg

More articles in Health Economics Review from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().