Relationship between Coronavirus (COVID-19) and Social Factors: Evidence from 24 Countries Over the World During 88-Day Period from Jan 31 to April 27, 2020
DOI:
https://doi.org/10.37506/mlu.v21i1.2351Keywords:
COVID – 19, causality relationship and Asian region.Abstract
The paper investigates the relationship among social and demographic factors and a new case of spreading
coronavirus in 24 countries over 88-day period from Jan 31, 2020 to April 27, 2020. This study collected
second data from World Health Organisation (WHO)’s and World Bank’s database, applied Co-integration
test and Causality test for a panel data set.
The research provides crucial finding: there is causality between new cases of spreading coronavirus and
time to close school too late. Moreover, Asian region, where the studied countries are being increases, new
case of spreading coronavirus decrease. Furthermore, classification of income of the research countries is
statistically insignificant to new case equivalent to absent association between the changes in the new case
of spreading coronavirus and classification of income of the research countries.
The spreading COVID – 19 can happen everywhere from high income, middle income to low-income
countries. Another finding is that late closing school will enhance spreading COVID – 19 goes more than
one thousand cases.