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Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective

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  • Emon Kalyan Chowdhury

    (Chittagong Independent University)

Abstract

This study aims to explore the consequence of COVID-19 pandemic on the income flow of individuals in Bangladesh from sociodemographic perspective. Multinomial logistic regression model has been applied to achieve the objectives using primary data which were collected from respondents covering different professions, income levels, education, marital status, age and area. The results indicate employees of informal sectors and daily labors are the worst sufferers having no income followed by private sector employees with partial income loss and public sector employees with either slight or no income loss. It is further observed that individuals with higher education and people living in rural areas are less affected. This study recommends a few short-term policies to resolve immediate crisis caused by pandemic and long-term policies to alleviate inequality by providing necessary facilities to the marginalized and vulnerable population in the society.

Suggested Citation

  • Emon Kalyan Chowdhury, 2022. "Disastrous consequence of coronavirus pandemic on the earning capacity of individuals: an emerging economy perspective," SN Business & Economics, Springer, vol. 2(10), pages 1-16, October.
    • Handle: RePEc:spr:snbeco:v:2:y:2022:i:10:d:10.1007_s43546-022-00333-z
    DOI: 10.1007/s43546-022-00333-z
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    References listed on IDEAS

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    1. Warwick McKibbin & Roshen Fernando, 2020. "Global macroeconomic scenarios of the COVID-19 pandemic," CAMA Working Papers 2020-62, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    2. Andy Sumner & Eduardo Ortiz-Juarez & Christopher Hoy, 2020. "Precarity and the pandemic: COVID-19 and poverty incidence, intensity, and severity in developing countries," WIDER Working Paper Series wp-2020-77, World Institute for Development Economic Research (UNU-WIDER).
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