Determinants of COVID-19 Death Rate in Europe: Empirical Analysis

Serhii Kozlovskyi


Department of Entrepreneurship, Corporate and Spatial Economics, Vasyl’ Stus Donetsk National University, Vinnytsia (Ukraine)
https://orcid.org/0000-0003-0707-4996

Daria Bilenko


Department of Finance named after L.l. Tarangul, University of State Fiscal Service of Ukraine, Irpin (Ukraine)
https://orcid.org/0000-0002-6220-8101

Oleksandr Dluhopolskyi


Department of Economics and Economic Theory, West Ukrainian National University, Ternopil (Ukraine)
https://orcid.org/0000-0002-2040-8762

Serhii Vitvitskyi


Department of Legal Disciplines, Donetsk Law Institute of the Ministry of Internal Affairs of Ukraine, Kryvyi Rih (Ukraine)
https://orcid.org/0000-0002-4884-1883

Olha Bondarenko


Department of Civil, Labor Law and Social Security Law, Donetsk Law Institute of the Ministry of Internal Affairs, Mariupol (Ukraine)
https://orcid.org/0000-0002-3361-2121

Oleksandr Korniichuk


Institute of Feed and Agriculture of Podillya National Academy of Agrarian Sciences of Ukraine, Vinnytsia (Ukraine)

Abstract

At the end of 2019, the new virus called Coronavirus disease (COVID-19) spread widely from China all over the world (including Europe). Most countries in Europe at the beginning of 2020 have been quarantined. The aim of the work is to develop the system dynamics model for assessing the impact of the different factors on the COVID-19 death rate in Europe. There were tested three hypotheses about factors of reducing the COVID-19 death rate with the help of linear regression analysis. The density of the population of European countries doesn’t affect the COVID-19 death rate. Also, COVID-19 death rate does not drastically affect mortality statistics. But the level of country’s economic development is a factor of COVID-19 death rate because in high developed countries the pandemic death rate is lower, regardless of the mechanisms of the spread of the disease and its impact on human health.


Keywords:

COVID-19, coronavirus pandemic, death rate, economic development, GDP, regression

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Published
2021-01-04

Cited by

Kozlovskyi, S., Bilenko, D., Dluhopolskyi, O., Vitvitskyi, S., Bondarenko, O., & Korniichuk, O. (2021). Determinants of COVID-19 Death Rate in Europe: Empirical Analysis. Problemy Ekorozwoju, 16(1), 17–28. https://doi.org/10.35784/pe.2021.1.02

Authors

Serhii Kozlovskyi 

Department of Entrepreneurship, Corporate and Spatial Economics, Vasyl’ Stus Donetsk National University, Vinnytsia Ukraine
https://orcid.org/0000-0003-0707-4996

Authors

Daria Bilenko 

Department of Finance named after L.l. Tarangul, University of State Fiscal Service of Ukraine, Irpin Ukraine
https://orcid.org/0000-0002-6220-8101

Authors

Oleksandr Dluhopolskyi 

Department of Economics and Economic Theory, West Ukrainian National University, Ternopil Ukraine
https://orcid.org/0000-0002-2040-8762

Authors

Serhii Vitvitskyi 

Department of Legal Disciplines, Donetsk Law Institute of the Ministry of Internal Affairs of Ukraine, Kryvyi Rih Ukraine
https://orcid.org/0000-0002-4884-1883

Authors

Olha Bondarenko 

Department of Civil, Labor Law and Social Security Law, Donetsk Law Institute of the Ministry of Internal Affairs, Mariupol Ukraine
https://orcid.org/0000-0002-3361-2121

Authors

Oleksandr Korniichuk 

Institute of Feed and Agriculture of Podillya National Academy of Agrarian Sciences of Ukraine, Vinnytsia Ukraine

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