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Global Uncertainty and Economic Growth – Evidence from Pandemic Periods

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  • Deepa Bannigidadmath
  • MHA Ridhwan
  • Fiskara Indawan

Abstract

This paper investigates whether global uncertainty predicts economic growth rates using a global sample of 136 countries. We use the panel regression model and find strong evidence that global uncertainty negatively predicts the economic growth rate. Further, the negative impact of global uncertainty on economic growth rates is amplified during pandemic periods versus non-pandemic periods. Our main findings hold after a range of robustness tests.

Suggested Citation

  • Deepa Bannigidadmath & MHA Ridhwan & Fiskara Indawan, 2024. "Global Uncertainty and Economic Growth – Evidence from Pandemic Periods," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 60(2), pages 345-357, January.
    • Handle: RePEc:mes:emfitr:v:60:y:2024:i:2:p:345-357
    DOI: 10.1080/1540496X.2023.2213377
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