Investigating the common features of COVID-19 highly infected countries using k-means cluster analysis (CROSBI ID 697288)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Žmuk, Berislav ; Jošić, Hrvoje
engleski
Investigating the common features of COVID-19 highly infected countries using k-means cluster analysis
One could ask what are the common features of COVID-19 highly infected countries. Various researchers have tackled this research problem taking into account a range of different variables. This paper investigates the properties of COVID-19 highly infected countries using k-means cluster analysis. The optimum number of clusters was identified using the two-step cluster procedure according to the Schwarz's Bayesian Information Criterion (BIC) with the log-likelihood distance measure. Results of the analysis have shown that developed, tourism-oriented countries with elderly population structure, improved human rights and index of freedom are more vulnerable to the risk of COVID-19 contagion. Limitation of the paper is related to the fact that data for COVID-19 common features were not available for the year 2020 but have been provided for the most recent year, mostly 2018. The results obtained from this analysis have important policy implications for economic and health care policy makers.
COVID-19 ; K-means cluster analysis ; International tourism
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Podaci o prilogu
93-108.
2020.
objavljeno
Podaci o matičnoj publikaciji
Proceedings of The International Scientific Conference Trade Perspectives 2020: The interdependence of COVID-19 pandemic and international trade
Baković, Tomislav ; Naletina, Dora ; Petljak, Kristina
Zagreb: Ekonomski fakultet Sveučilišta u Zagrebu
978-953-346-149-6
Podaci o skupu
Trade Perspectives 2020: The interdependence of COVID-19 pandemic and international trade
predavanje
26.11.2020-27.11.2020
Zagreb, Hrvatska