Application of Regression Analyses and Marginal Analyses for Assessing the Effectiveness of COVID-19 Pandemic Mitigation Measures in Bulgaria

Regression analysis is a popular method for determining multiple variables' relationships. We can use it to quantify this dependence between economic measures and the harmful effects of the COVID-19 pandemic. In addition, we can predict change in future periods. The problem with applying the method is the development of hypotheses about the dependence and accuracy of the data. This problem is discussed in this study, as one of the examples we have given is the "real" level of unemployment and the fastened digitalisation of society. On the other hand, we have the definition of the positive and negative effects of dependent variables on measures that are independent variables. We apply marginal analysis to measure the positive effect and determine when a measure is ineffective. The aim and logic of this study are to reduce the "falsification" of the scientific product so that it is based on objective facts and events and not on the feelings and interpretations of the researcher.

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Publication Details

Journal
Journal of Global Economy Business and Finance
Published
2024-08-29
DOI
https://doi.org/10.53469/jgebf.2024.06(08).06
Primary Topic
Banking, Crisis Management, COVID-19 Impact
Type
article
Field-Weighted Citation Impact
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article

Application of Regression Analyses and Marginal Analyses for Assessing the Effectiveness of COVID-19 Pandemic Mitigation Measures in Bulgaria

Kuyu John Alfred
Journal of Global Economy Business and Finance
Banking, Crisis Management, COVID-19 Impact
article

Application of Regression Analyses and Marginal Analyses for Assessing the Effectiveness of COVID-19 Pandemic Mitigation Measures in Bulgaria

Kuyu John Alfred
article en

Abstract

Regression analysis is a popular method for determining multiple variables' relationships. We can use it to quantify this dependence between economic measures and the harmful effects of the COVID-19 pandemic. In addition, we can predict change in future periods. The problem with applying the method is the development of hypotheses about the dependence and accuracy of the data. This problem is discussed in this study, as one of the examples we have given is the "real" level of unemployment and the fastened digitalisation of society. On the other hand, we have the definition of the positive and negative effects of dependent variables on measures that are independent variables. We apply marginal analysis to measure the positive effect and determine when a measure is ineffective. The aim and logic of this study are to reduce the "falsification" of the scientific product so that it is based on objective facts and events and not on the feelings and interpretations of the researcher.

Journal of Global Economy Business and FinanceVol. 6(8)
University of National and World Economy (BG)
Openalex Percentile: Top 75%
Banking, Crisis Management, COVID-19 Impact
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