The Impact of SARS-CoV-2 on Economic Activity of Mexico in 2020

José Antonio Núñez Mora; Leovardo Mata Mata

doi:10.1007/978-981-16-2613-5_1

The Impact of SARS-CoV-2 on Economic Activity of Mexico in 2020

José Antonio Núñez Mora, Leovardo Mata Mata

Anahuac Mexico Universtiy

Instituto Tecnologico de Estudios Superiores de Monterrey

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

1 Scopus citations

Abstract

In this document, the economic effect of Covid-19 on the economic activity of Mexico in 2020 is quantified, separating the impact of the trend that has been observed in recent years. The procedure used is an ARIMA model with an intervention that incorporates the NIG probability distribution, where it is found that the explained variance of the seasonally adjusted time series of the IGAE due to Covid-19 is 44.20% and due to the administration on duty 18.89%. These two estimates quantify that Covid-19 came to aggravate the recessionary economic situation that existed since 2019.

Original language	English
Title of host publication	The Future of Companies in the Face of a New Reality
Subtitle of host publication	Impact and Development in Latin America
Publisher	Springer Nature
Pages	1-15
Number of pages	15
ISBN (Electronic)	9789811626135
ISBN (Print)	9789811626128
DOIs	https://doi.org/10.1007/978-981-16-2613-5_1
State	Published - 1 Jan 2021

Keywords

ARIMA
Covid-19
NIG
Recession
SARS-CoV-2

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10.1007/978-981-16-2613-5_1

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The Impact of SARS-CoV-2 on Economic Activity of Mexico in 2020

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Keywords

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