Determinants of COVID-19 Death Rate in Europe: Empirical Analysis

Ескіз недоступний
Дата
2021
Назва журналу
Номер ISSN
Назва тому
Видавець
Vinnytsia: Institute of Feed and Agriculture of Podillya National Academy of Agrarian Sciences of Ukraine
Анотація
At the end of 2019, the new virus called Coronavirus disease (COVID-19) spread widely from China all over the world (including Europe). Most countries in Europe at the beginning of 2020 have been quarantined. The aim of the work is to develop the system dynamics model for assessing the impact of the different factors on the COVID19 death rate in Europe. There were tested three hypotheses about factors of reducing the COVID-19 death rate with the help of linear regression analysis. The density of the population of European countries doesn’t affect the COVID-19 death rate. Also, COVID-19 death rate does not drastically affect mortality statistics. But the level of country’s economic development is a factor of COVID-19 death rate because in high developed countries the pandemic death rate is lower, regardless of the mechanisms of the spread of the disease and its impact on human health.
Опис
Ключові слова
COVID-19, coronavirus pandemic, death rate, economic development, GDP
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