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Impact of the COVID-19 Pandemic on EU Convergence

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26482789%3A_____%2F22%3A10152396" target="_blank" >RIV/26482789:_____/22:10152396 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.mdpi.com/1911-8074/15/9/384" target="_blank" >https://www.mdpi.com/1911-8074/15/9/384</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.3390/jrfm15090384" target="_blank" >10.3390/jrfm15090384</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Impact of the COVID-19 Pandemic on EU Convergence

  • Original language description

    The effects of the COVID-19 pandemic were global and led to an economic decline in most countries of the EU. The development and values of economic indicators varied from country to country and showed significant regional differences. The study evaluates the coverage of selected economic indicators in the Member States of the EU in the period 2010-2020. The analytical part is based on empirical statistical data. As a methodological procedure for testing the convergence of the EU, we compared the results of the coefficient of variation of GDP per capita in PPP and the unemployment rate. The findings of this study confirm the predicted development trends. The pandemic has reversed major convergence trends. Divergence within the EU was affected by a lower decline in GDP in the developed countries of the EU. The tendencies of social disparities in the unemployment rate were different from the development of the coefficient of variation of GDP per capita. The first year of the pandemic marked a decline in disparities between the countries of the EU. For future research, we recommend monitoring the development of convergence in the next pandemic period.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2022

  • 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

  • Volume of the periodical

    15

  • Issue of the periodical within the volume

    9

  • Country of publishing house

    CH - SWITZERLAND

  • Number of pages

    14

  • Pages from-to

    1-14

  • UT code for WoS article

    000858692100001

  • EID of the result in the Scopus database

    2-s2.0-85138746489