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The predictability of Covid-19 mortality rates based on ex-ante economic, health and social indicators

Bibliographic Data

ID21281950
AuthorsEmese Kovács (0000-0003-3838-3679, Corvinus University of Budapest), Péter Mihályi (0000-0002-8563-6950, Corvinus University of Budapest)
Year2021
Volume71
IssueS1
Pages53-71
Publication date2021-11-25
Open AccessYes
TypeARTICLE
VenueActa Oeconomica (JOURNAL)
Journal identifiersISSN: 0001-6373 • E-ISSN: 1588-2659
PublisherAkademiai Kiado Zrt. (PUBLISHER • HU)
DOI10.1556/032.2021.00029
OpenAlexW4205624988
LanguageEN
Citations received1
References cited4

The paper analyses the differences of COVID-19 mortality rates (MR) in 24 European countries. We explain MRs on the available, reliable ex-ante economic, health and social indicators pertaining to the year 2019 – i.e., before the outbreak of the pandemic. Using simple regression equations, we received statistically significant results for 11 such variables out of 28 attempts. Our best model with two ex-ante independent variables explains 0.76 of the variability of our ex-post dependent variable, the logarithm of Cumulative COVID Deaths. The estimated coefficient for the variable Density of Nurses shows that having one more nurse per 1,000 of population decreases cumulative COVID deaths by almost 15%. Similarly, one more unit Consumption of Non-Prescribed Medicine decreases cumulative deaths by 5%. It seems that until now those European countries were successful in minimising the fatalities where the population had a high level of health literacy, people pursue healthier lifestyle and the healthcare systems worked with a relatively large nursing force already prior to the COVID pandemic

Coronavirus disease 2019 (COVID-19) · Demographic economics · Economics · Ex-ante · Pandemic · Population · Predictability · Regression analysis · Sociology · Statistics · Variable (mathematics) · COVID-19 and healthcare impacts · COVID-19 epidemiological studies · COVID-19 Pandemic Impacts · Demography · Mathematics · Medicine

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Citations per year0.25
Citation span2022 - 2022 (1)
Highly citedNo

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