The IUP Journal of Accounting Research and Audit Practices:
A Measurement Model for Exploring the Factors Affecting Covid-19 at Global Level
Article Details
| Pub. Date | : Jul, 2020 |
|---|---|
| Product Name | : The IUP Journal of Accounting Research and Audit Practices |
| Product Type | : Article |
| Product Code | : IJARAP30720 |
| Author Name | : Asha Sharma |
| Availability | : YES |
| Subject/Domain | : Finance |
| Download Format | : PDF Format |
| No. of Pages | : 17 |
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Abstract
COVID-19 is a dangerous disease. It has spread very quickly at the global level and has become a pandemic. So, for knowing the factors affecting COVID-19 at global level, global segregation is considered based on seven continents, i.e., Asia, Europe, Africa, North America, South America, Oceania and Australia. Independent factors are divided into four groups, viz., social, economic, environment, and geographical factors. Social distancing (lockdown) and vaccination (BCG) are considered under social factors, physician's ratio per 10,000 people and number of tourists are taken as economic factors, temperature and climate due to COVID-19 are taken as environmental factors, and percentage of the population (continent-wise) and the density of the population are taken as geographical factors. Using discriminant analysis, it can be said that the most affecting factors are the number of tourists in the continent, number of tourists, then temperature, followed by social distancing-lockperiod, BCG vaccination and finally continent-wise percentage of population. To verify the result and check the fitness of the model, an artificial neural network technique is used.
Description
The Coronavirus Disease of 2019 (COVID-19) was identified as the cause of outbreak of respiratory illness in Wuhan, Hubei Province, China, beginning in December 2019. Within one month at the end of January 2020, this disease had spread to 19 countries with 11,791 confirmed cases, including 213 deaths. The World Health Organization (WHO) declared it a Public Health Emergency of International Concern.1 COVID-19 is a public health emergency at international level. Patients contracting the severe form of the disease constitute approximately 15% of the cases.2 The number of deaths had doubled within 2 to 6 days. One patient can infect 406 people within 30 days.3 For this purpose, it is important to find out the factors that influence the spread of COVID-19 at global level.
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