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Cash-Flow Of The Horeca Sector In Romania Under The Impact Of Covid-19

Author

Listed:
  • Silviu Carstina

    (University of Craiova)

  • Radu Buziernescu

    (University of Craiova)

  • Anca-Alina Buziernescu

    (Romanian Court of Accounts)

Abstract

The appearance of the pandemic generated by COVID - 19 meant a turning point for many sectors of activity, the problem not being encountered only in our country but worldwide. One of the sectors affected by the pandemic is the hospitality sector, by presenting the paper making an analysis of the cash flow potential in this sector during the pandemic. We will make a comparison having as reference the cash flow potential of each company in the first half of 2020 compared to the first half of 2019. In the paper we not only aim to analyse the impact of the pandemic on cash flow potential but we will also an economic-mathematical modelling having as dependent variable the cash-flow potential and as independent variable the impact created by the pandemic. The regression model will be a binary logit type and will be obtained with the statistical program SPSS.

Suggested Citation

  • Silviu Carstina & Radu Buziernescu & Anca-Alina Buziernescu, 2021. "Cash-Flow Of The Horeca Sector In Romania Under The Impact Of Covid-19," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 970-975, December.
    • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:2:p:970-975
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    More about this item

    Keywords

    COVID-19 impact; HoReCa; cash flow; correlation; binary regression;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • Z23 - Other Special Topics - - Sports Economics - - - Finance
    • G0 - Financial Economics - - General
    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General

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