The Impact of COVID-19 Epidemic on Indian Economy Unleashed By Machine Learning

Garg, Kamal Deep; Gupta, Manik; Kumar, Munish

doi:10.1088/1757-899x/1022/1/012085

Cited by 3 publications

(2 citation statements)

References 8 publications

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“…The statistical data from esteemed and trustworthy information sources were gathered to realize the impact of the Corona Virus on the Indian economy. Based on this trusted data, analysis has been performed using the various regression models [9]. When China's economy is affected by the epidemic, and the government encourages consumption while restoring the economy.…”

Section: Related Researchmentioning

confidence: 99%

The Research on the Impact of Covid-19 on U.S. Resource Stock Market

Sun¹,

Yang²,

Yu³

et al. 2021

Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

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2020 is a challenging year for humans because the whole world was under attack of COVID-19, which is considered the most transmissible virus throughout human history. This pandemic has caused an unprecedented negative impact on people's lives and the world's economy. In addition, the impact of the pandemic on the stock market is nonnegligible, as well. This article is mainly centered on the impact of COVID-19 on the stock market of four specific resource industries, which are Coal, Oil, Mines, and Gold, by using mathematical models. The models include the CAPM model, Fama-French Three-factor model, and Fama-French Five-factor model. To obtain the impact of the COVID-19, by using the data of the expected return (Ri) of the industries, a regression analysis is performed on each factor of the Fama-French Five-factor model and the expected return of the stock market of the four industries before and after the epidemic, and obtain the impact of the epidemic on the stock market of the industry by observing the performance of the factors. The results of the multiple linear regression indicate that the epidemic has the greatest impact on the stock market of the gold industry because the four factors of the gold industry have undergone significant changes before and after the epidemic. For the Coal and the Oil industry, only the factor of HML can present the impact of the epidemic. COVID-19 contributes the least impact for the mines industry because whether the factors are significant does not change.

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Section: Related Researchmentioning

confidence: 99%

The Research on the Impact of Covid-19 on U.S. Resource Stock Market

Sun¹,

Yang²,

Yu³

et al. 2021

Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

View full text Add to dashboard Cite

show abstract

“…There are several studies related to the economic impact of the pandemic, but there are limited research that can determine when economic conditions stabilize or recover. Several studies related to the impact of the Covid-19 pandemic on the economy has been carried out, such as Supriatna (2020), Abiad (2020), Susilawati, Falefi and Purwoko (2020), Atkenson (2020), Garg, Gupta and Kumar (2021), and Kareemulla et al (2020). Several further studies to determine the long-term economic impact have also been carried out by Caballero & Valdés (2020), Jordà et al (2020), Hur and Jenuwine (2020), Cheah et al (2018), Geweke and Porter-Hudak (1983), Granger & Joyeux (1980), Morana andBeltratti (2004), andGil-Alana (2003).…”

Section: Introductionmentioning

confidence: 99%

Structural Break and The Period of Indonesia’s Post-Pandemic Economic Recovery

Handayani¹

2021

EDAJ

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The Covid-19 pandemic in 2020 caused economic contraction of 2.07 percent in Indonesia. Knowing the similar economic conditions in the past period and how long is the period of Indonesia's economic recovery after the pandemic are important. Therefore, this study aims to determine the period of economic structural break that has occurred in Indonesia and to determine the period of economic recovery. The analytical method used is the Bai-Perron, cointegration test, and VECM. The variables used are economic growth, exports, and inflation. The results of this study indicate the occurrence of structural break periods in the Indonesian economy in 1989, 1998 and 2004. Furthermore, based on the long-term VECM equation, exports have a positive but insignificant effect on economic growth. In contrast, inflation has a significant negative impact on economic growth. By using the IRF, it showed that economic growth will achieve stability or recovery after the occurrence of shocks to economic growth itself within a period of 5 to 10 years. If there is a shock to exports, economic stability can be achieved in a period of 5 to 10 years. Meanwhile, if there is a shock to inflation, stability can be achieved in less than 5 years.

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A Study of Covid-19 on Indian Economy

Fogaat

Sharma

Meena

2022

Global Journal for Research Analysis

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Objective: The COVID-19 outbreak has wreaked havoc on India's economy. This article examines how India has dealt with all of the country's severe economic problems and how it has dealt with them through various government programmes. Methods: This research article based on secondary data. Different secondary sources, such as websites, government publications, journals, magazines, and newspaper articles, are preferred for acquiring information. As a result, the utilisation of a comprehensive Literature Review approach was used to make the current research signicant. Results:All economic activity was halted as a result of the shutdown, and individuals lost their employment. Manufacturing and service industries have completely shut down. In India, during COVID-19 pandemic worker migration had begun. The covid-19 epidemic had a signicant impact on every economic sector (tourist, retail, manufacturing, aviation, infrastructure, stock markets, and etc.). Due to the COVID-19 pandemic outbreak in the rst quarter of 2020-21, India's GDP growth rate fell to -24.38 percent. However, the government's scal policies and the Reserve Bank of India's monetary policies aid India's economic recovery. India attracts foreign direct investment because major corporations have lost faith in China, and all manufacturing activity has moved to another country. India has made a concerted effort to attract these countries. Conclusions: In this COVID-19 pandemic, India implemented a strict lockdown, which resulted in higher unemployment, lower GDP growth, and starving people migrating. India faced a critical scenario during COVID-19 due to a lack of health facilities. However, new concepts were explored during Covid -19 pandemic such as work from home, digital education, and a growth in social media marketing.

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The Impact of COVID-19 Epidemic on Indian Economy Unleashed By Machine Learning

Cited by 3 publications

References 8 publications

The Research on the Impact of Covid-19 on U.S. Resource Stock Market

The Research on the Impact of Covid-19 on U.S. Resource Stock Market

Structural Break and The Period of Indonesia’s Post-Pandemic Economic Recovery

A Study of Covid-19 on Indian Economy

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