Special Issue "COVID-19’s Risk Management and Its Impact on the Economy"

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Risk".

Deadline for manuscript submissions: 31 May 2021.

Special Issue Editors

Adjunct Prof. Xiao-Guang Yue
Website
Guest Editor
Department of Computer Science and Engineering, School of Sciences, European University Cyprus (EUC), Nicosia 1516, Cyprus
Interests: Data Mining; Machine Learning; Sustainability
Special Issues and Collections in MDPI journals
Dr. David Xuefeng Shao
Website
Guest Editor
Discipline of International Business, University of Sydney, Sydney, NSW, 2006, Australia
Interests: international risk management; management capabilities
Prof. Dr. Wei Liu
Website
Guest Editor
Business School, Qingdao University, Qingdao 266100, China
Interests: corporate strategy; sustainable environmental management
Special Issues and Collections in MDPI journals

Special Issue Information

Dear Colleagues:

Since its discovery in Wuhan in December 2019, the 2019 novel coronavirus (COVID-19) has rapidly spread to all provinces, municipalities, and autonomous regions in China and has been introduced to more than twenty countries in Asia Pacific, Europe, and North America. This novel virus has presented a challenge to epidemic disease prevention in many countries and regions and has had a great impact on economic, financial, and social development.

Taking China as an example, as of 12 February 2020, 42,744 people had been infected, 1017 people had died, and 21,675 people had suspected cases of the disease. At present, most provinces and cities in China have adopted closed management methods to avoid further spread of the virus and to reduce the probability of new patients being infected. However, in the past three months, because of the stagnation of most production activities in China, the vast majority of ordinary people have been isolated at home, which has caused many social and risk management problems and has also had an inestimable impact on China's economic and financial development.

The research topics of this Special Issue include: big data analysis; big data prediction; data mining; risk modelling; risk simulation; risk calculation; risk forecasting; risk assessment; risk management; epidemic prevention and control; outbreak emergency management; and the impact of the epidemic on the economy, finance, people’s psychology, education and universities, social development, companies, and people’s lives.

We think that research in this topic is very important, and we warmly encourage researchers, teachers, students, engineers, academics, and industry professionals from all over the world to present their current insights in our special issue.

Prof. Dr. Xiao-Guang Yue
Dr. David Xuefeng Shao
Dr. Wei Liu
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1200 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Big data analysis
  • Big data prediction
  • Data mining
  • Risk modeling
  • Risk simulation
  • Risk calculation
  • Risk forecasting
  • Risk assessment
  • Risk management
  • Epidemic prevention and control
  • Outbreak emergency management
  • Impact of the epidemic on the economy
  • Impact of the epidemic on finance
  • Impact of epidemic situation on people’s psychology
  • Impact of the epidemic on education and universities
  • Impact of the epidemic on social development
  • Impact of the epidemic on companies
  • Impact of the epidemic on people’s lives

Published Papers (14 papers)

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Editorial

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Open AccessEditorial
Is One Diagnostic Test for COVID-19 Enough?
J. Risk Financial Manag. 2020, 13(4), 77; https://doi.org/10.3390/jrfm13040077 - 17 Apr 2020
Cited by 4 | Viewed by 1592
Abstract
There is no doubt about the importance of diagnostic testing in an emergency; specifically, which range of tests is available, where and when they are dispensed, and who might be tested using laboratory-developed tests, or other diagnostic tests including experimental tests. This includes [...] Read more.
There is no doubt about the importance of diagnostic testing in an emergency; specifically, which range of tests is available, where and when they are dispensed, and who might be tested using laboratory-developed tests, or other diagnostic tests including experimental tests. This includes testing for the SARS-CoV-2 virus that causes the COVID-19 disease. Testing is essential to “flatten the curve” of the number of confirmed positive cases of the disease, in addition to handwashing, isolation, and social distancing, among other essential measures. Is one diagnostic test enough to obtain the correct decision about a confirmed positive outcome? Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
Open AccessEditorial
Suspending Classes Without Stopping Learning: China’s Education Emergency Management Policy in the COVID-19 Outbreak
J. Risk Financial Manag. 2020, 13(3), 55; https://doi.org/10.3390/jrfm13030055 - 13 Mar 2020
Cited by 61 | Viewed by 15016
Abstract
Against the backdrop of the COVID-19 outbreak, an emergency policy initiative called “Suspending Classes Without Stopping Learning” was launched by the Chinese government to continue teaching activities as schools across the country were closed to contain the virus. However, there is ambiguity and [...] Read more.
Against the backdrop of the COVID-19 outbreak, an emergency policy initiative called “Suspending Classes Without Stopping Learning” was launched by the Chinese government to continue teaching activities as schools across the country were closed to contain the virus. However, there is ambiguity and disagreement about what to teach, how to teach, the workload of teachers and students, the teaching environment, and the implications for education equity. Possible difficulties that the policy faces include: the weakness of the online teaching infrastructure, the inexperience of teachers (including unequal learning outcomes caused by teachers’ varied experience), the information gap, the complex environment at home, and so forth. To tackle the problems, we suggest that the government needs to further promote the construction of the educational information superhighway, consider equipping teachers and students with standardized home-based teaching/learning equipment, conduct online teacher training, include the development of massive online education in the national strategic plan, and support academic research into online education, especially education to help students with online learning difficulties. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
Open AccessEditorial
Prevention Is Better Than the Cure: Risk Management of COVID-19
J. Risk Financial Manag. 2020, 13(3), 46; https://doi.org/10.3390/jrfm13030046 - 03 Mar 2020
Cited by 23 | Viewed by 12672
Abstract
A novel coronavirus was reported to the World Health Organization (WHO) in China on 31 December 2019. The WHO named the disease COVID-19 on 11 February 2020. As of 26 February 2020, the disease has been detected on all continents, except for Antarctica. [...] Read more.
A novel coronavirus was reported to the World Health Organization (WHO) in China on 31 December 2019. The WHO named the disease COVID-19 on 11 February 2020. As of 26 February 2020, the disease has been detected on all continents, except for Antarctica. Daily updates on COVID-19 since early February 2020 have made headline news worldwide for much of 2020. This editorial evaluates risk management based on the Global Health Security (GHS) Index of global health security capabilities in 195 countries. The GHS Index lists the countries best prepared for an epidemic or pandemic. COVID-19 is compared with two related coronavirus epidemics, SARS and MERS, in terms of the number of reported human infections, deaths, countries, major country clusters, timelines, and the likelihood of discovering a safe, effective, and approved vaccine. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
Open AccessEditorial
Risk Management of COVID-19 by Universities in China
J. Risk Financial Manag. 2020, 13(2), 36; https://doi.org/10.3390/jrfm13020036 - 19 Feb 2020
Cited by 67 | Viewed by 19476
Abstract
The rapid spread of new coronaviruses throughout China and the world in 2019–2020 has had a great impact on China’s economic and social development. As the backbone of Chinese society, Chinese universities have made significant contributions to emergency risk management. Such contributions have [...] Read more.
The rapid spread of new coronaviruses throughout China and the world in 2019–2020 has had a great impact on China’s economic and social development. As the backbone of Chinese society, Chinese universities have made significant contributions to emergency risk management. Such contributions have been made primarily in the following areas: alumni resource collection, medical rescue and emergency management, mental health maintenance, control of staff mobility, and innovation in online education models. Through the support of these methods, Chinese universities have played a positive role in the prevention and control of the epidemic situation. However, they also face the problems of alumni’s economic development difficulties, the risk of deadly infection to medical rescue teams and health workers, infection of teachers and students, and the unsatisfactory application of information technology in resolving the crisis. In response to these risks and emergency problems, we propose some corresponding solutions for public dissemination, including issues related to medical security, emergency research, professional assistance, positive communication, and hierarchical information-based teaching. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
Open AccessEditorial
Risk Management Analysis for Novel Coronavirus in Wuhan, China
J. Risk Financial Manag. 2020, 13(2), 22; https://doi.org/10.3390/jrfm13020022 - 03 Feb 2020
Cited by 14 | Viewed by 7059
Abstract
Recently, a novel coronavirus pneumonia (2019–nCoV) outbreak occurred in Wuhan, China, rapidly spreading first to the whole country, and then globally, causing widespread concern. From the perspectives of early warning and identification of risk, risk monitoring, and analysis, as well as risk management [...] Read more.
Recently, a novel coronavirus pneumonia (2019–nCoV) outbreak occurred in Wuhan, China, rapidly spreading first to the whole country, and then globally, causing widespread concern. From the perspectives of early warning and identification of risk, risk monitoring, and analysis, as well as risk management and handling, we propose corresponding solutions and recommendations, which include institutional cooperation, and to inform national and international policy-makers. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)

Research

Jump to: Editorial

Open AccessArticle
Will the Aviation Industry Have a Bright Future after the COVID-19 Outbreak? Evidence from Chinese Airport Shipping Sector
J. Risk Financial Manag. 2020, 13(11), 276; https://doi.org/10.3390/jrfm13110276 - 11 Nov 2020
Viewed by 828
Abstract
Due to the lockdown regulations worldwide during the COVID-19 pandemic, the global aviation industry has been severely hit. This study focuses on the volatility estimation of stock indexes in the Chinese Airport Shipping Set (ASS) at industry-enterprise levels and identifies possible business behavior [...] Read more.
Due to the lockdown regulations worldwide during the COVID-19 pandemic, the global aviation industry has been severely hit. This study focuses on the volatility estimation of stock indexes in the Chinese Airport Shipping Set (ASS) at industry-enterprise levels and identifies possible business behavior that may cause fluctuating differences. Depending on the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) model, text mining method and Word Cloud Views, results show that (1) the holistic volatility of Airport Shipping Set Index (ASSI) increases relative to the pre-COVID period; (2) volatility of airport stocks has crucial differences, while the volatility of shipping stocks is similar; (3) there are different responses to the pandemic between Shenzhen Airport and Shanghai Airport shown in their semiannual financial reports. Compared to the latter, the former had a more positive attitude and took various measures to mitigate risks, providing evidence of the volatility differences between firms. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
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Open AccessArticle
The Impact of the COVID-19 Pandemic on the U.S. Economy: Evidence from the Stock Market
J. Risk Financial Manag. 2020, 13(10), 233; https://doi.org/10.3390/jrfm13100233 - 01 Oct 2020
Cited by 3 | Viewed by 1668
Abstract
The coronavirus crisis has damaged the U.S. economy. This paper uses the stock returns of 125 sectors to investigate its impact. It decomposes returns into components driven by sector-specific factors and by macroeconomic factors. Idiosyncratic factors harmed industries such as airlines, aerospace, real [...] Read more.
The coronavirus crisis has damaged the U.S. economy. This paper uses the stock returns of 125 sectors to investigate its impact. It decomposes returns into components driven by sector-specific factors and by macroeconomic factors. Idiosyncratic factors harmed industries such as airlines, aerospace, real estate, tourism, oil, brewers, retail apparel, and funerals. There are thus large swaths of the economy whose recovery depends not on the macroeconomic environment but on controlling the pandemic. Macroeconomic factors generated losses in industries such as production equipment, machinery, and electronic and electrical equipment. Thus, reviving capital goods spending requires not just an end to the pandemic but also a macroeconomic recovery. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
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Open AccessArticle
Assessment of Epidemiological Determinants of COVID-19 Pandemic Related to Social and Economic Factors Globally
J. Risk Financial Manag. 2020, 13(9), 194; https://doi.org/10.3390/jrfm13090194 - 01 Sep 2020
Viewed by 865
Abstract
The COVID-19 pandemic has manifested more than a health crisis and has severely impacted on social, economic, and development crises in the world. The relationship of COVID-19 with countries’ economic and other demographic statuses is an important criterion with which to assess the [...] Read more.
The COVID-19 pandemic has manifested more than a health crisis and has severely impacted on social, economic, and development crises in the world. The relationship of COVID-19 with countries’ economic and other demographic statuses is an important criterion with which to assess the impact of this current outbreak. Based on available data from the online platform, we tested the hypotheses of a country’s economic status, population density, the median age of the population, and urbanization pattern influence on the test, attack, case fatality, and recovery rates of COVID-19. We performed correlation and multivariate multinomial regression analysis with relative risk ratio (RRR) to test the hypotheses. The correlation analysis showed that population density and test rate had a significantly negative association (r = −0.2384, p = 0.00). In contrast, the median age had a significant positive correlation with recovery rate (r = 0.4654, p = 0.00) and case fatality rate (r = 0.2847, p = 0.00). The urban population rate had a positive significant correlation with recovery rate (r = 0.1610, p = 0.04). Lower-middle-income countries had a negative significant correlation with case fatality rate (r= −0.3310, p = 0.04). The multivariate multinomial logistic regression analysis revealed that low-income countries are more likely to have an increased risk of case fatality rate (RRR = 0.986, 95% Confidence Interval; CI = 0.97−1.00, p < 0.05) and recovery rate (RRR = 0.967, 95% CI = 0.95–0.98, p = 0.00). The lower-income countries are more likely to have a higher risk in case of attack rate (RRR = 0.981, 95% CI = 0.97–0.99, p = 0.00) and recovery rate (RRR = 0.971, 95% CI = 0.96–0.98, p = 0.00). Similarly, upper middle-income countries are more likely to have higher risk in case of attack rate (RRR = 0.988, 95% CI = 0.98–1.0, p = 0.01) and recovery rate (RRR = 0.978, 95% CI = 0.97–0.99, p = 0.00). The low- and lower-middle-income countries should invest more in health care services and implement adequate COVID-19 preventive measures to reduce the risk burden. We recommend a participatory, whole-of-government and whole-of-society approach for responding to the socio-economic challenges of COVID-19 and ensuring more resilient and robust health systems to safeguard against preventable deaths and poverty by improving public health outcomes. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
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Open AccessArticle
Predicting the Impact of COVID-19 on Australian Universities
J. Risk Financial Manag. 2020, 13(9), 188; https://doi.org/10.3390/jrfm13090188 - 19 Aug 2020
Cited by 5 | Viewed by 1901
Abstract
This article explores the impact of the novel coronavirus (COVID-19) upon Australia’s education industry with a particular focus on universities. With the high dependence that the revenue structures of Australian universities have on international student tuition fees, they are particularly prone to the [...] Read more.
This article explores the impact of the novel coronavirus (COVID-19) upon Australia’s education industry with a particular focus on universities. With the high dependence that the revenue structures of Australian universities have on international student tuition fees, they are particularly prone to the economic challenges presented by COVID-19. As such, this study considers the impact to total Australian university revenue and employment caused by the significant decline in the number of international students continuing their studies in Australia during the current pandemic. We use a linear regression model calculated from data published by the Australian Government’s Department of Education, Skills, and Employment (DESE) to predict the impact of COVID-19 on total Australian university revenue, the number of international student enrolments in Australian universities, and the number of full-time equivalent (FTE) positions at Australian universities. Our results have implications for both policy makers and university decision makers, who should consider the need for revenue diversification in order to reduce the risk exposure of Australian universities. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
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Open AccessArticle
The Ability of Selected European Countries to Face the Impending Economic Crisis Caused by COVID-19 in the Context of the Global Economic Crisis of 2008
J. Risk Financial Manag. 2020, 13(8), 179; https://doi.org/10.3390/jrfm13080179 - 11 Aug 2020
Cited by 1 | Viewed by 846
Abstract
This paper is devoted to the ability of selected European countries to face the potential economic crisis caused by COVID-19. Just as other pandemics in the past (e.g., SARS, Spanish influenza, etc.) have had negative economic effects on countries, the current COVID-19 pandemic [...] Read more.
This paper is devoted to the ability of selected European countries to face the potential economic crisis caused by COVID-19. Just as other pandemics in the past (e.g., SARS, Spanish influenza, etc.) have had negative economic effects on countries, the current COVID-19 pandemic is causing the beginning of another economic crisis where countries need to take measures to mitigate the economic effects. In our analysis, we focus on the impact of selected indicators on the GDP of European countries using a linear panel regression to identify significant indicators to set appropriate policies to eliminate potential negative consequences on economic growth due to the current recession. The European countries are divided into four groups according to the measures they took in the fiscal consolidation of the last economic crisis of 2008. In the analysis, we observed how the economic crisis influences GDP, country indebtedness, deficit, tax collection, interest rates, and the consumer confidence index. Our findings include that corporate income tax recorded the biggest decline among other tax collections. The interest rate grew in the group of countries most at risk from the economic crisis, while the interest rate fell in the group of countries that seemed to be safe for investors. The consumer confidence index can be considered interesting, as it fell sharply in the group of countries affected only minimally by the crisis (Switzerland, Finland). Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
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Open AccessArticle
Risk Management: Rethinking Fashion Supply Chain Management for Multinational Corporations in Light of the COVID-19 Outbreak
J. Risk Financial Manag. 2020, 13(8), 173; https://doi.org/10.3390/jrfm13080173 - 04 Aug 2020
Cited by 4 | Viewed by 5241
Abstract
Through an international business risk management lens, the widespread and catalytic implications of the 2020 COVID-19 pandemic on the supply chains (SCs) of fashion multinational corporations (MNC) are analyzed to contribute to existing research on supply chain management (SCM). While a movement towards [...] Read more.
Through an international business risk management lens, the widespread and catalytic implications of the 2020 COVID-19 pandemic on the supply chains (SCs) of fashion multinational corporations (MNC) are analyzed to contribute to existing research on supply chain management (SCM). While a movement towards agile, networked supply chain models had been in consideration for many firms prior to the outbreak, the pandemic highlights issues inherent in supply chains that employ concentrated production. We examined the current state of fashion supply chains, risks that have arisen historically and recently, and existing risk mitigation methods. We found that while lean supply chain management is primarily favored for its cost and waste reduction advantages, the structure is limited by the lack of supply chain transparency that results as well as the increasing demand volatility observed even before the COVID-19 outbreak. Although this problem might exist in the agile supply chain, agile supply chains combat this by focusing on enhancing communication and buyer-supplier relationships to improve information exchange. However, this structure also entails an associated increase in inventory and inventory costs. The COVID-19 pandemic has caused supply and demand disruptions which have resonating effects on supply chain activities and management, indicating a need to build flexibility to mitigate epidemic and demand risks. To address this, several strategies that firms can adopt to control for such risks are outlined and key areas for further research are identified which consider parties both upstream and downstream of the fashion supply chain. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
Open AccessArticle
Consumer Behaviour during Crises: Preliminary Research on How Coronavirus Has Manifested Consumer Panic Buying, Herd Mentality, Changing Discretionary Spending and the Role of the Media in Influencing Behaviour
J. Risk Financial Manag. 2020, 13(8), 166; https://doi.org/10.3390/jrfm13080166 - 30 Jul 2020
Cited by 14 | Viewed by 11102
Abstract
The novel coronavirus (COVID-19) pandemic spread globally from its outbreak in China in early 2020, negatively affecting economies and industries on a global scale. In line with historic crises and shock events including the 2002-04 SARS outbreak, the 2011 Christchurch earthquake and 2017 [...] Read more.
The novel coronavirus (COVID-19) pandemic spread globally from its outbreak in China in early 2020, negatively affecting economies and industries on a global scale. In line with historic crises and shock events including the 2002-04 SARS outbreak, the 2011 Christchurch earthquake and 2017 Hurricane Irma, COVID-19 has significantly impacted global economic conditions, causing significant economic downturns, company and industry failures, and increased unemployment. To understand how conditions created by the pandemic to date compare to the aforementioned shock events, we conducted a thorough literature review focusing on the presentation of panic buying and herd mentality behaviours, changes to discretionary consumer spending as defined by Maslow’s Hierarchy of Needs, and the impact of global media on these behaviours. The methodology utilised to analyse panic buying, herd mentality and altered patterns of consumer discretionary spending (according to Maslow’s theory) involved an analysis of consumer spending data, largely focused on Australian and American markets. Here, we analysed the volume and timing of consumer spending patterns; the volumes of spending on specific, highly-demanded consumer goods during the investigative period; and the distribution of spending on luxury and non-durable goods to identify the occurrence of these consumer behaviours. Moreover, to identify the presence of the media in influencing consumer behaviour we focused on web traffic to media sites, alongside keyword and phrase data mining. We conclude that, to date, consumer behaviour during the COVID-19 crisis appears to align with behaviours exhibited during historic shock events. We hope to contribute to the body of research on the early months of this pandemic before longer-term studies are available. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
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Open AccessCommunication
An Economic–Business Approach to Clinical Risk Management
J. Risk Financial Manag. 2020, 13(6), 135; https://doi.org/10.3390/jrfm13060135 - 23 Jun 2020
Viewed by 904
Abstract
This paper introduces risk factors in the field of healthcare and discusses the clinical risks, identification, risk management methods, and tools as well as the analysis of specific situations. Based on documentary analysis, an efficient and coherent methodological choice of an informative and [...] Read more.
This paper introduces risk factors in the field of healthcare and discusses the clinical risks, identification, risk management methods, and tools as well as the analysis of specific situations. Based on documentary analysis, an efficient and coherent methodological choice of an informative and non-interpretative approach, it relies on “unobtrusive” and “non-reactive” information sources, such that the research results are not influenced by the research process itself. To ensure objective and systematical analysis, our research involved three macro-phases: (a) the first involved a skimming (a superficial examination) of the documents collected; (b) the second reading (a thorough examination) allowed a selection of useful information; (c) the third phase involved classification and evaluation of the collected data. This iterative process combined the elements of content and thematic analysis that categorised the information into different categories which were related to the central issues for research purposes. Finally, from the perspective of safety analysis and risk management, we suggest that comprehensive control and operation should be conducted in a holistic way, including patient safety, cost consumption, and organizational responsibility. An organizational strategy that revolves around a constant and gradual risk management process is an important factor in clinical governance which focuses on the safety of patients, operators, and organizations. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
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Open AccessArticle
Risk Prediction and Assessment: Duration, Infections, and Death Toll of the COVID-19 and Its Impact on China’s Economy
J. Risk Financial Manag. 2020, 13(4), 66; https://doi.org/10.3390/jrfm13040066 - 03 Apr 2020
Cited by 9 | Viewed by 3179
Abstract
This study first analyzes the national and global infection status of the Coronavirus Disease that emerged in 2019 (COVID-19). It then uses the trend comparison method to predict the inflection point and Key Point of the COVID-19 virus by comparison with the severe [...] Read more.
This study first analyzes the national and global infection status of the Coronavirus Disease that emerged in 2019 (COVID-19). It then uses the trend comparison method to predict the inflection point and Key Point of the COVID-19 virus by comparison with the severe acute respiratory syndrome (SARS) graphs, followed by using the Autoregressive Integrated Moving Average model, Autoregressive Moving Average model, Seasonal Autoregressive Integrated Moving-Average with Exogenous Regressors, and Holt Winter’s Exponential Smoothing to predict infections, deaths, and GDP in China. Finally, it discusses and assesses the impact of these results. This study argues that even if the risks and impacts of the epidemic are significant, China’s economy will continue to maintain steady development. Full article
(This article belongs to the Special Issue COVID-19’s Risk Management and Its Impact on the Economy)
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