Multidimensional effect of covid-19 on the economy: evidence from survey data

Kai Pan and Xiaoguang Yue

Economic Research-Ekonomska Istraživanja, 2022, vol. 35, issue 1, 1658-1685

Abstract: This study aims to analyze the multidimensional effects of COVID-19 on the economy via considering the individuals and multi-sectors such as individuals/households, tourism, travel and transportation sector, environment, globalization, trade, economy, and the response of the government to the pandemic and also the economic and financial conditions of the respondents. Gathering primary data of 1015 sample sizes from eleven countries (including three countries from the top-ten most affected COVID-19 countries), the descriptive and graphical analysis and pre and post COVID-19 comparison confirmed the real impact of the global pandemic. All the mentioned sectors and the education and individual/household, are negatively affected except the environment positively affected. Based on the findings, policy recommendations are provided.

Date: 2022
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DOI: 10.1080/1331677X.2021.1903333

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