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Google圖書搜尋
Specific Macro Factors Affecting Economic Growth During the COVID-19 Pandemic in EAGLEs
Thach Nguyen Ngoc
Linh Nguyen
Le Dinh Hac
Thai Bao Ngoc Lam
Huu Hai Do
其他書名
New Evidence from a Bayesian Algorithm
出版
SSRN
, 2022
URL
http://books.google.com.hk/books?id=5WLjzwEACAAJ&hl=&source=gbs_api
註釋
The study was conducted to assess the impact of macro factors on economic growth in emerging and growth-leading economies (EAGLEs) during the COVID-19 pandemic. The study applied a Bayesian simulation method, and the empirical results exhibited an ambiguous impact of trade openness and the number of internet users on economic growth in these countries during theCOVID-19 outbreak. Besides, in response to the economic downturn caused by the COVID-19 pandemic, countries have loosened monetary and fiscal policies simultaneously. However, policy rate reduction was found to be less efficient in the countries previously applying low-interest rates. The evidence showed that reasonable pandemic control measures formed a basis for fastening economic recovery.
