Abstract
The purpose of this study is to examine the relationship between the extension of globalization and coronavirus disease 2019 (COVID-19) case fatality rate (CFR) calculated on 28 July 2020 in more than 150 countries. Our regression analyses show that countries with higher levels of socio-economic globalization are exposed to higher levels of CFR. The positive association between the level of globalization of countries and their COVID-19 fatality rate remains robust, controlling for cross-country differences in economic development and demographics, health care costs, health care capacity, quality of governance and continental dummies.
Original language | English |
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Article number | 105 |
Number of pages | 10 |
Journal | Journal of Risk and Financial Management |
Volume | 14 |
Issue number | 3 |
Publication status | Published - 2021 |
Open Access - Access Right Statement
© 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/)Keywords
- COVID-19 (disease)
- economics
- globalization
- mass casualties