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, regressionReferences
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Authors
Serhii KozlovskyiDepartment of Entrepreneurship, Corporate and Spatial Economics, Vasyl’ Stus Donetsk National University, Vinnytsia Ukraine
https://orcid.org/0000-0003-0707-4996
Authors
Daria BilenkoDepartment 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 DluhopolskyiDepartment of Economics and Economic Theory, West Ukrainian National University, Ternopil Ukraine
https://orcid.org/0000-0002-2040-8762
Authors
Serhii VitvitskyiDepartment 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 BondarenkoDepartment 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 KorniichukInstitute of Feed and Agriculture of Podillya National Academy of Agrarian Sciences of Ukraine, Vinnytsia Ukraine
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