Literature Review of Covid-19 on Economy Area
DOI:
https://doi.org/10.54691/bcpbm.v34i.3081Keywords:
Covid-19, economy, literature review.Abstract
This paper reviews literatures of the impact of Covid-19 on economy. It is divided the influence into three sections which are macro-economy, stock market and firm-level. All article indicates that Covid-19 pandemic led negative impact on global economy. However, government response action, no matter monetary, fiscal and social policy, can mitigate the negative effects. In addition, companies also have abnormal behavior after Covid-19 outbreak because of uncertainty, but it does not represent their negative expectation of future.
Downloads
References
Jena, P. R., Majhi, R., Kalli, R., Managi, S., & Majhi, B. (2021). Impact of COVID-19 on GDP of major economies: Application of the artificial neural network forecaster. Economic Analysis and Policy, 69, 324–339. https://doi.org/10.1016/j.eap.2020.12.013
Caggiano, G., Castelnuovo, E., & Kima, R. (2020). The global effects of Covid-19-induced uncertainty. Economics Letters, 194, 109392–109392. https://doi.org/10.1016/j.econlet.2020.109392
de la Fuente-Mella, H., Rubilar, R., Chahuán-Jiménez, K., & Leiva, V. (2021). Modeling COVID-19 Cases Statistically and Evaluating Their Effect on the Economy of Countries. Mathematics (Basel), 9(13), 1558–. https://doi.org/10.3390/math9131558
Korneta, P., & Rostek, K. (2021). The Impact of the SARS-CoV-19 Pandemic on the Global Gross Domestic Product. International Journal of Environmental Research and Public Health, 18(10), 5246–. https://doi.org/10.3390/ijerph18105246
Yoo, S., & Managi, S. (2020). Global mortality benefits of COVID-19 action. Technological Forecasting & Social Change, 160, 120231–120231. https://doi.org/10.1016/j.techfore.2020.120231
Wang, D., Li, P., & Huang, L. (2022). Time-frequency volatility spillovers between major international financial markets during the COVID-19 pandemic. Finance Research Letters, 46, 102244–102244. https://doi.org/10.1016/j.frl.2021.102244
Szczygielski, J. J., Charteris, A., Bwanya, P. R., & Brzeszczyński, J. (2022). The impact and role of COVID-19 uncertainty: A global industry analysis. International Review of Financial Analysis, 80, 101837–. https://doi.org/10.1016/j.irfa.2021.101837
Liu, H., Manzoor, A., Wang, C., Zhang, L., & Manzoor, Z. (2020). The COVID-19 Outbreak and Affected Countries Stock Markets Response. International Journal of Environmental Research and Public Health, 17(8), 2800–. https://doi.org/10.3390/ijerph17082800
Yilmazkuday, H. (2022). COVID-19 and Monetary policy with zero bounds: A cross-country investigation. Finance Research Letters, 44, 102103–102103. https://doi.org/10.1016/j.frl.2021.102103
Kizys, R., Tzouvanas, P., & Donadelli, M. (2021). From COVID-19 herd immunity to investor herding in international stock markets: The role of government and regulatory restrictions. International Review of Financial Analysis, 74, 101663–. https://doi.org/10.1016/j.irfa.2021.101663
Hope, O.-K., Li, C., Ma, M. (Shuai), & Su, X. (n.d.). Is Silence Golden Sometimes? Management Guidance Withdrawals During the COVID-19 Pandemic. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.4024379
Wan, Z., & Tian, H. (2022). The effect of the COVID-19 pandemic on information disclosure: Evidence from China. Economics Letters, 217, 110678–110678. https://doi.org/10.1016/j.econlet.2022.110678
Downloads
Published
Issue
Section
How to Cite
