Education, Science, Technology, Innovation and Life
Open Access
Sign In

Analysis of the impact of epidemic situation on economic production loss

Download as PDF

DOI: 10.23977/ferm.2021.040306 | Downloads: 12 | Views: 1076

Author(s)

Fei Tong 1, Yiran Wang 1

Affiliation(s)

1 Chengdu University of Technology, Chengdu, Sichuan 610000

Corresponding Author

Fei Tong

ABSTRACT

Under the background of increasing economic development pressure in China, this paper evaluates the impact of COVID-19 in 2020 from the perspective of economic losses. Entropy method model was used to evaluate the impact of the current epidemic on all walks of life in China through entropy weighting method for selected indicators. Among them, residents' consumption capacity, industrial capacity, general trade import and export capacity, and fixed asset investment capacity have a certain negative impact. With the gradual increase of the outbreak time, the data reflected from January 2019 to December 2020 are studied and analyzed.

KEYWORDS

epidemic, Entropy value method, logistics, economic

CITE THIS PAPER

Fei Tong, Yiran Wang. Research on the Game of Crossing Desert based on Dijkstra algorithm and dynamic programming algorithm. Financial Engineering and Risk Management (2021) 4: 41-44. DOI: http://dx.doi.org/10.23977/ferm.2021.040306

REFERENCES

[1] Liang Y. Analysis on the path of government financial stability and economic operation under the epidemic situation [J]. Chinese market, 2021(13): 55-56+72.
[2] Xie Shanshan. The impact of COVID-19 epidemic on the private economy in Nantong [J]. Cooperative economy and science and technology, 2021(10): 38-39.
[3] Zhang Yadong. The epidemic poses the biggest challenge to India's economic recovery [N]. China Business Times, 2021-04-27(001).
[4] Combat the epidemic situation, steady recovery of economic operation, sustainable development, reform and innovation -- a summary of the operation situation of machinery industry in 2020 and the "13th Five-Year" period [J]. China Instruments, 2021(02): 16-19.
[5] Wang Jinbin. Global Financial Market Turbulence and Reflections on Future Financial Changes in the Context of the Epidemic [J]. New finance, 2020 (09): 8-13.

Downloads: 16571
Visits: 339510

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.