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Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective
This study aims to explore the consequence of COVID-19 pandemic on the income flow of individuals in Bangladesh from sociodemographic perspective. Multinomial logistic regression model has been applied to achieve the objectives using primary data which were collected from respondents covering differ...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Springer International Publishing
2022
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9484711/ https://www.ncbi.nlm.nih.gov/pubmed/36158254 http://dx.doi.org/10.1007/s43546-022-00333-z |
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author | Chowdhury, Emon Kalyan |
author_facet | Chowdhury, Emon Kalyan |
author_sort | Chowdhury, Emon Kalyan |
collection | PubMed |
description | This study aims to explore the consequence of COVID-19 pandemic on the income flow of individuals in Bangladesh from sociodemographic perspective. Multinomial logistic regression model has been applied to achieve the objectives using primary data which were collected from respondents covering different professions, income levels, education, marital status, age and area. The results indicate employees of informal sectors and daily labors are the worst sufferers having no income followed by private sector employees with partial income loss and public sector employees with either slight or no income loss. It is further observed that individuals with higher education and people living in rural areas are less affected. This study recommends a few short-term policies to resolve immediate crisis caused by pandemic and long-term policies to alleviate inequality by providing necessary facilities to the marginalized and vulnerable population in the society. |
format | Online Article Text |
id | pubmed-9484711 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Springer International Publishing |
record_format | MEDLINE/PubMed |
spelling | pubmed-94847112022-09-21 Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective Chowdhury, Emon Kalyan SN Bus Econ Original Article This study aims to explore the consequence of COVID-19 pandemic on the income flow of individuals in Bangladesh from sociodemographic perspective. Multinomial logistic regression model has been applied to achieve the objectives using primary data which were collected from respondents covering different professions, income levels, education, marital status, age and area. The results indicate employees of informal sectors and daily labors are the worst sufferers having no income followed by private sector employees with partial income loss and public sector employees with either slight or no income loss. It is further observed that individuals with higher education and people living in rural areas are less affected. This study recommends a few short-term policies to resolve immediate crisis caused by pandemic and long-term policies to alleviate inequality by providing necessary facilities to the marginalized and vulnerable population in the society. Springer International Publishing 2022-09-19 2022 /pmc/articles/PMC9484711/ /pubmed/36158254 http://dx.doi.org/10.1007/s43546-022-00333-z Text en © The Author(s), under exclusive licence to Springer Nature Switzerland AG 2022, Springer Nature or its licensor holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Original Article Chowdhury, Emon Kalyan Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective |
title | Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective |
title_full | Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective |
title_fullStr | Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective |
title_full_unstemmed | Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective |
title_short | Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective |
title_sort | disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective |
topic | Original Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9484711/ https://www.ncbi.nlm.nih.gov/pubmed/36158254 http://dx.doi.org/10.1007/s43546-022-00333-z |
work_keys_str_mv | AT chowdhuryemonkalyan disastrousconsequenceofcoronaviruspandemicontheearningcapacityofindividualsanemergingeconomyperspective |