RESUMEN
Despite the significant and rising human and economic costs of the novel coronavirus disease (COVID-19), our knowledge on its epidemiology remains limited necessitating expedited research to aid public policy. This study contributes to the knowledge gap by focusing on exploring the effects of potential covariates (economic, institutional, and climatic conditions) on COVID-19 in tropical countries. Using an Ordinary Least Square (OLS) regression, our results showed a non-linear relationship between temperature and infection-to-test ratio. Specifically, temperatures warmer than 18 °C can favor the spread of the disease. In addition, strikingly, countries with better democratic principles registered more positive cases than their counterparts at high levels of corruption.
RESUMEN
This research study explores the impact of disasters on economic growth in selected Southern Africa Development Community countries. Annual data from 2005 to 2019 and panel data econometric estimation techniques are used in this study. The estimation approaches used control for both pooled and individual effects, heteroscedasticity, serial correlation, moderate levels of endogeneity and cross-sectional dependence (CSD). We found that although the impact of disasters on economic growth may be negative contemporaneously, reconstruction and recovery activities if well-resourced could facilitate building back better, which could ultimately lead to positive outcomes on economic growth a year after the disaster. We further tested the hypothesis in existing literature and confirm that quality institutions, favourable financial conditions and adequate access to international markets enhance a country's coping and adaptive capabilities to disasters, thereby reducing the country's level of risk to disasters.