ON THE IMPACT OF THE COVID-19 HEALTH CRISIS ON GDP FORECASTING: AN EMPIRICAL APPROACH

被引:1
|
作者
Illanes, Gabriel [1 ]
Mordecki, Ernesto [1 ]
Sosa, Andres [2 ]
机构
[1] Univ Republica, Fac Ciencias, Ctr Matemat, Igua 4225, Montevideo 11400, Uruguay
[2] Univ Republica, Fac Ciencias Econ & Adm, Inst Estadist, Gonzalo Ramirez 1926, Montevideo 11200, Uruguay
来源
JOURNAL OF DYNAMICS AND GAMES | 2022年 / 9卷 / 03期
关键词
Covid-19; pandemic; public health; epidemiology; GDP forecasting; Correlation analysis; linear models; ACCURACY;
D O I
10.3934/jdg.2022008
中图分类号
O1 [数学];
学科分类号
0701 ; 070101 ;
摘要
Statistical dependence between the GDP growth projection adjustments for the end of 2020 and the health impact of the Covid-19 pandemic is detected and quantified for a broad set of countries. A rate that captures this health impact for each country is contrasted to the difference in GDP growth projections for the end of 2020 released in two subsequent times: 2019 (pre-pandemic) and early 2020 (post-pandemic). The difference of this two variables exhibited a significant rank correlation with the rate, and a linear model was successfully fitted, concluding that at the beginning of the pandemic health conditions played a significant role in the GDP projections.
引用
收藏
页码:229 / 239
页数:11
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