The Causal Nexus of Consumer and Business Confidence Indexes in Early Pandemic Period: Evidence from OECD Countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26482789%3A_____%2F21%3A10152253" target="_blank" >RIV/26482789:_____/21:10152253 - isvavai.cz</a>
Result on the web
<a href="https://mdpi-res.com/d_attachment/jrfm/jrfm-14-00311/article_deploy/jrfm-14-00311.pdf?version=1625652363" target="_blank" >https://mdpi-res.com/d_attachment/jrfm/jrfm-14-00311/article_deploy/jrfm-14-00311.pdf?version=1625652363</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Causal Nexus of Consumer and Business Confidence Indexes in Early Pandemic Period: Evidence from OECD Countries
Original language description
The COVID-19 pandemic has been shown dire consequences for the global economy, not only in the past and present but also in the future. These consequences are not only humanitarian but also financial and economic. This article raises the question of whether the state of the health system is a factor that determines the direction of changes in consumer and business sentiment during the COVID-19 or whether other factors are more significant. The goal is to find out whether there is real progress in the national health system of a particular country or a regression and on this base to answer the question: What is more important for the expectations of the population and industry during the spread of the pandemic; the dynamics of the development of the health system or other factors? To assess the dynamics of the development of the health care system in different countries, we used the annual data on individual health indicators of the OECD countries for 2006-2019. There were identified countries with dynamic development and a slowing/deteriorating health system. Based on Granger's approach in EViews, we used the Augmented Dickey-Fuller test and admit that health care systems are not a determining factor in consumer and business sentiment during a pandemic, i.e., only economic factors. The research contributes to the developed COVID-19 research by examining the impact of the changes in the mutual influence of Confidence indexes and macro indicators during the pandemic.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Risk and Financial Management
ISSN
1911-8066
e-ISSN
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Volume of the periodical
14
Issue of the periodical within the volume
7
Country of publishing house
CH - SWITZERLAND
Number of pages
14
Pages from-to
311-325
UT code for WoS article
000676191100001
EID of the result in the Scopus database
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