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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

Žmuk, Berislav ; Jošić, Hrvoje Investigating the common features of COVID-19 highly infected countries using k-means cluster analysis // Proceedings of The International Scientific Conference Trade Perspectives 2020: The interdependence of COVID-19 pandemic and international trade / Baković, Tomislav ; Naletina, Dora ; Petljak, Kristina (ur.). Zagreb: Ekonomski fakultet Sveučilišta u Zagrebu, 2020. str. 93-108

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

Povezanost rada

Ekonomija