Journal Article

EXPLORING THE LOCKDOWN EFFECT ON THE HEALTH ECONOMY. CASE STUDY ON ROMANIA

MARIANA MAN, MARIA-MĂDĂLINA BOGEANU-POPA

2023

Overview

Worldwide, the COVID-19 pandemic had a major impact on the economic and health systems, areas that were most affected by the emergency measures imposed. This paper focuses on the health economy in Romania, evaluating and analysing reports on public spending during the lockdown period. To study this aspect, the expenses from the lockdown intended to combat the pandemic in Romania at the level of the 42 counties, including the capital, were taken into account. The article contains theoretical aspects and a case study. Econometric calculation models were used by establishing a dependent variable represented by public expenditure reports used by institutions as a means of communication (R) and four independent variables represented by: donations and sponsorships (S), health expenditure (M), quarantine expenses (C), sanitation fees (D) and other types of expenses (T). The results of the study showed that for the reduction of the pandemic during the COVID-19 lockdown period, the public authorities allocated large sums of money for the health economy.

• Publisher: University of Petrosani
• Subject: covid-19 / economic impact / health industry / lockdown / public funds