Please use this identifier to cite or link to this item:
https://www.um.edu.mt/library/oar/handle/123456789/99759| Title: | Covid-19 pandemic lockdown vs. business cycle clock registration of new passenger cars in European countries |
| Authors: | Kufel, Tadeusz |
| Keywords: | COVID-19 Pandemic, 2020- -- Economic aspects Business cycles Automobiles -- Registration and transfer Financial crises |
| Issue Date: | 2021 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Kufel, T. (2021). Covid-19 pandemic lockdown vs. business cycle clock registration of new passenger cars in European countries. European Research Studies Journal, 24(s1), 875-890. |
| Abstract: | PURPOSE: The aim of this article is to evaluate the impact of the lockdown caused by the Covid19 pandemic on the economic situation measured by the number of new passenger cars
registered in selected European countries. DESIGN/METHODOLOGY/APPROACH: The assessment of economic changes was conducted using a business cycle clock (BCC) using the number of newly registered passenger cars. Use working day and seasonally adjusted - Car registration, a new passenger car monthly series, was estimated with a Hodrick-Prescott filter. FINDINGS: The lockdown caused by the Covid-19 pandemic had a negative impact on the economy measured by newly registered cars. PRACTICAL IMPLICATIONS: The varying effects of the lockdown can be evaluated with a business cycle clock. ORIGINALITY/VALUE: The study was based on monthly data up to October 2020 and showed the high usefulness of BCC results. |
| URI: | https://www.um.edu.mt/library/oar/handle/123456789/99759 |
| Appears in Collections: | European Research Studies Journal, Volume 24, Special Issue 1 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| ERSJ24(s1)A54.pdf | 1.26 MB | Adobe PDF | View/Open |
Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.