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Coronavirus (Covid-19) Pandemic – Effects And Correlations In The European Union Countries

Author

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  • Stefan-Alexandru CATANA

    (Bucharest University of Economic Studies)

Abstract

The main purpose of this article is to answer the question whether there is a correlation between the healthcare investments of the European Union countries and their reaction when they are faced with a historical challenge such as the Coronavirus (COVID-19) pandemic. The results of this study are surprising and after analyzing the data, it turned out that there isn’t a direct correlation between the economic power of a country and its response to this crisis, but the investments in the healthcare system are important and can save multiple lives. It should also be mentioned that the quality of health care depends on the equipment and the degree of endowment of the hospitals.

Suggested Citation

  • Stefan-Alexandru CATANA, 2020. "Coronavirus (Covid-19) Pandemic – Effects And Correlations In The European Union Countries," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 23, pages 169-174, August.
    • Handle: RePEc:cmj:seapas:y:2020:i:23:p:169-174
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    References listed on IDEAS

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    1. Arndt, Channing, 2006. "HIV/AIDS, human capital, and economic growth prospects for Mozambique," Journal of Policy Modeling, Elsevier, vol. 28(5), pages 477-489, July.
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    Cited by:

    1. Ștefan Catană & Sorin-George Toma & Cătălin Grădinaru & Raluca Rădoi, 2020. "The management of European football clubs in the COVID-19 pandemic," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 32(1), pages 28-33, December.
    2. Ştefan Catană & Sorin-George Toma & Cătălin Grădinaru, 2020. "The Economic and Social Impact of COVID-19 Pandemic: Evidence from Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 273-277, December.

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    More about this item

    Keywords

    Coronavirus; COVID-19; European Union countries; Effects; Correlations;
    All these keywords.

    JEL classification:

    • M29 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Other

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