TARU PUBLICATIONS
Journal of Interdisciplinary Mathematics cover
Hybrid ·Peer-reviewed·ISSN (Online): 2169-012X·ISSN (Print): 0972-0502

Monthly Journal: Publishes the methodological and theoretical role of mathematics and mathematical applications underpinning scientific research.

Issues up to 2022 co-published with and available at:Taylor & Francis Online
submissions@tarupublications.com
Open Access Research Article

Impact on GDP and the stock market during pandemics or epidemics of 21st century

, , , , , * ,

* Corresponding author · click or hover a name for details

pp. 951–971Vol. 26Issue 5August 2023DOI: 10.47974/JIM-1533XML
Received:
10 May 2022
Accepted:
10 Jun 2022
Published Online:
08 Sep 2023
Article type:
Research Article
Language:
EN
Article no.:
JIM-1533
Pages:
951–971

Abstract

In this article, we present the effect on GDP growth rate during key major pandemics in the twenty-first century. Ebola, cholera, and the most dangerous pandemic, Covid-19, are all fatal pandemics. It was said that Coronavirus started spreading from Wuhan, China. The virus then afflicted the entire human race worldwide. The major goal of this paper is to compare the most catastrophic pandemic to another pandemic in terms of its effect on GDP. This study also examined the impact of the pandemic on the stock market. We offer a descriptive examination of economic impact over the course of 19 years for different countries.

Keywords

Subject Classifications

(2010) 68-XX91B84

References

[1] K. Mishra and J. Rampal, “The COVID-19 pandemic and food insecurity: A viewpoint on India,” World Dev., vol. 135, p. 105068, 2020, doi: 10.1016/j.worlddev.2020.105068.
[2] Gupta, V., Jain, N., Sachdeva, J., Gupta, M., Mohan, S., Bajuri, M. Y., & Ahmadian, A. (2022). Improved COVID-19 detection with chest x-ray images using deep learning. Multimedia Tools and Applications, 1-24.
[3] P. Paramita Sahoo and S. Rath, “Potential Impact of Corona Virus on Agriculture Sector,” Res. Today, vol. 2, no. 4, pp. 64–65, 2020, [Online]. Available: www.bioticainternational.com.
[4] H. Kaur and S. Saxena, “Stock market sensitiveness: Impact of epidemic or pandemic,” Eur. J. Mol. Clin. Med., vol. 7, no. 8, pp. 2861–2870, 2020, [Online]. Available: https://www.embase.com/search/results?subaction=viewrecord&id=L2010514622&from=export
[5] N. Fernandes, “Economic effects of coronavirus outbreak ( COVID-19) on the world economy Nuno Fernandes Full Professor of Finance IESE Business School Spain,” SSRN Electron. Journal, ISSN 1556-5068, Elsevier BV, pp. 0–29, 2020.
[6] R. Lea, “The coronavirus crisis: economic costs mount up as the lockdown continues,” Perspect. Arbuthnot Banking, online https//www. arbuthnotlatham. co. uk/wp-content/uploads/2020/04/27-April-2020. pdf, pp. 1–15, 2020.
[7] S. Luo and K. P. Tsang, “China and World Output Impact of the Hubei Lockdown During the Coronavirus Outbreak,” Contemp. Econ. Policy, vol. 38, no. 4, pp. 583–592, 2020, doi: 10.1111/coep.12482.
[8] J. Jackson, M. Weiss, A. Schwarzenberg, and R. Nelson, “Global Economic Effects of COVID-19,” Congr. Res. Serv., no. 20, p. 78, 2020, [Online]. Available: https://crsreports.congress.gov
[9] https://www.wri.org/insights/4-investment-areas-stimulate-chinas-economy-after-covid-19
[10] https://www.reuters.com/article/us-china-economy-gdp-idUSKBN29N04S
[11] https://www.institutmontaigne.org/en/blog/chinas-mercantilist-recovery-after-covid-19
[12] Gupta, V., Santosh, K. C., Arora, R., Ciano, T., Kalid, K. S., & Mohan, S. (2022). Socioeconomic impact due to COVID-19: An empirical assessment. Information Processing & Management, 59(2), 102810.
[13] Gupta, V., Jain, N., Virmani, D., Mohan, S., Ahmadian, A., & Ferrara, M. (2022). Air and water health: industrial footprints of COVID-19 imposed lockdown. Arabian Journal of Geosciences, 15(8), 1-18.
[14] Dhingra, S., Arora, R., Katariya, P., Kumar, A., Gupta, V., & Jain, N. (2021). Understanding Emotional Health Sustainability Amidst COVID-19 Imposed Lockdown. In Sustainability Measures for COVID-19 Pandemic (pp. 211-235). Springer, Singapore.
[15] Jain, N., Gupta, V., Chakraborty, C., Madan, A., Virmani, D., Salas-Morera, L., & Garcia-Hernandez, L. (2022). Empirical Assessment of Bacillus Calmette-Guerin Vaccine to Combat. Cmc-Computers Materials & Continua, 213-231.
[16] Singh, V., Poonia, R. C., Kumar, S., Dass, P., Agarwal, P., Bhatnagar, V., & Raja, L. (2020). Prediction of COVID-19 corona virus pandemic based on time series data using Support Vector Machine. Journal of Discrete Mathematical Sciences and Cryptography, 23(8), 1583-1597.
[17] Bhatnagar, V., Poonia, R. C., Nagar, P., Kumar, S., Singh, V., Raja, L., & Dass, P. (2021). Descriptive analysis of COVID-19 patients in the context of India. Journal of Interdisciplinary Mathematics, 24(3), 489-504.
[18] Gupta, V., Jain, N., Virmani, D., Mohan, S., Ahmadian, A., & Ferrara, M. (2022). Air and water health: industrial footprints of COVID-19 imposed lockdown. Arabian Journal of Geosciences, 15(8), 1-18.
[19] Saxena, M. S., & Kaur, H. (2020). Stock market sensitiveness: impact of epidemic or pandemic. European Journal of Molecular & Clinical Medicine, 7(8), 2861-2870.
[20] Francois Godement and Viviana Zhu, (2020), China’s Mercantilist Recovery After Covid-19, Institut Montaigne. Link: https://www.institutmontaigne.org/en/analysis/chinasmercantilist-recovery-after-covid-19.
[21] Singh, Karan Deep; Goel, Vindu; Kumar, Hari; Gettleman, Jeffrey (25 March 2020). “India, Day 1: World’s Largest Coronavirus Lockdown Begins”. The New York Times. ISSN 0362-4331. 
[22] “India coronavirus: All major cities named Covid-19 ‘red zone’ hotspots”. BBC. 16 April 2020. Retrieved: https://www.bbc.com/news/world-asia-india-52306225. 
[23] COVID-19 pandemic in India. In Wikipedia, The Free Encyclopedia. Retrieved 07:54, September 28, 2022, Retrieved:https://en.wikipedia.org/w/index.php?title=COVID19_pandemic_in_India&oldid=1108130737 

Views: 350Downloads: 82Citations: 1