Explaining COVID-19 shock wave mechanism in the European service industry using convergence clubs analysis

An Analysis of the COVID-19 Contagion Growth in European Countries

The COVID-19 pandemic has affected many people around the globe. Europe, as one of the most seriously affected continents, has been struggling with the novel coronavirus for several months. Obviously, outbreak response management plays a critical role in the impact of the disease. Therefore, in this paper, Malmquist Productivity Index is used to evaluate the performance of the most severely aff...

About regional convergence clubs in the European Union*

The goal of this research is to present the concept of convergence club within the European Union members, starting from the hypothesis that an overall convergence cannot be identified because of the high output disparities between countries and between regions. For the analysis, the concept has been used as a method of regression based on a convergence test that supposes an innovative decompos...

Industry in the fight against COVID-19 crisis

Ideas Determining Convergence Clubs Ideas Determining Convergence Clubs Ideas Determining Convergence Clubs

This paper develops a model of cross-country growth and distribution dynamics where sharing ideas is important. The model shows clusters of economies emerging from deliberate choices made in equilibrium. It characterizes how, over time, the cross-section distribution of countries stratifies into distinct income classes.

Impacts of Covid-19 on the food industry

Covid-19 pandemic has had a variety of effects on a variety of industries, including the food industry, both positive and negative [1-3]. Meanwhile, the food industry is more affected by this disease than other industries due to its wide relationship with the household and the community; because activities such as restaurants, coffee shops, hotels and schools were either closed during this peri...