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How Has The Coronavirus Outbreak Affected Economic Poverty In Different Asian Regions?

Author

Listed:
  • LINHAI ZHAO

    (School of Economics and Finance, Huaqiao University, Quanzhou 362021, P.R. China)

  • EHSAN RASOULINEZHAD

    (��Faculty of World Studies, University of Tehran, Tehran, Iran)

Abstract

It is widely believed that the global economy is experiencing unprecedented challenges by the Covid-19. The main purpose of this research is to explore how the Covid-19 outbreak affected poverty in different Asian regions classified by the United Nations geoscheme, namely South Asia, Southeastern Asia, Central Asia, East Asia and Western Asia. To estimate the coefficients of variables, the panel data framework based on quarterly data over 2010Q1–2020Q2 is employed. Results revealed that the Covid-19 pandemic is a serious challenge for poverty in these regions. The impacts of the pandemic on poverty are smaller for larger or developed economies in Asia than smaller or less-developed economies. Regulating and making a timeline for managing post-coronavirus period is a major policy implication. Another policy implication is that due to the similar findings for Asian countries, they can exchange experiences in controlling the pandemic impacts.

Suggested Citation

  • Linhai Zhao & Ehsan Rasoulinezhad, 2023. "How Has The Coronavirus Outbreak Affected Economic Poverty In Different Asian Regions?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 68(04), pages 1091-1113, June.
    • Handle: RePEc:wsi:serxxx:v:68:y:2023:i:04:n:s021759082144001x
    DOI: 10.1142/S021759082144001X
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    Cited by:

    1. Yi Li & Zimeng Wang & Ruoya Jia & Yunpeng Sun, 2023. "Impact of education informatization construction on green innovation in China," Economic Change and Restructuring, Springer, vol. 56(6), pages 4099-4113, December.

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