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Keyword: macroeconomic factors ×Clear all

2 claims from 1 paper

1. Economics, Econometrics and Finance › COVID-19 Pandemic Impacts

   Major Crises of the XXIst Century and Impact on Economic Growth

   Iuga and Mihalciuc · Sustainability · 2020

   The paper builds two regression models of how macroeconomic indicators affect growth in Central and Eastern European EU countries from 2001 to Q2 2020, the second adding coronavirus cases.

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   1. UncheckedThe paper says economic growth in Q1 and Q2 2020 fell well below the 2009 Great Recession low, due to countries' efforts to stop COVID-19.“This low was exceeded in 2020, in the sense that the level of economic growth in Q1 and Q2 2020 is well below 2009 due to countries’ efforts to stop the COVID-19 pandemic.”
   2. UncheckedOf the factors analysed, CsGw, Ret, GvS and coronavirus cases are reported to have the strongest influence on economic growth in Central and Eastern EU states.“Our findings in this article confirm that of all the determinants analysed, CsGw, Ret, GvS, and Cc overwhelmingly influence economic growth.”