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Evaluation of the space-time effects of Covid-19 on household loans and savings in Romania

A spatial panel data approach at county level

verfasst von
Ștefana Belbe, Darie Moldovan, Alin Marius Andrieș, Philipp Otto, Codruța Mare
Abstract

This article examines the effects of the Covid-19 crisis on the banking sector of Romania using a spatial panel dataset of 21 months, from April 2020 to December 2021, among 41 counties. The empirical setup exploits the spatial and time-series variations of the banking sector during the pandemic via means of exploratory data analysis, simple linear models for each month with spatial diagnosis, and spatial panel data models with fixed effects. County-level differences and particular disturbances in the trend of banking services are highlighted against the turning points of the pandemic. We show that increasing Covid-19 infections result in higher loans and savings per capita, with significant spatial interactions given by the neighboring counties.

Organisationseinheit(en)
Institut für Kartographie und Geoinformatik
Externe Organisation(en)
BabeÈ™-Bolyai University (UBB)
Al. I. Cuza University
Rutgers - The State University of New Jersey, Newark
Typ
Artikel
Journal
Emerging markets review
Band
63
Anzahl der Seiten
14
ISSN
1566-0141
Publikationsdatum
12.2024
Publikationsstatus
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Peer-reviewed
Ja
ASJC Scopus Sachgebiete
Betriebswirtschaft und Internationales Management, Volkswirtschaftslehre und Ökonometrie
Elektronische Version(en)
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