Multidimensional Analysis of the Number of Deaths in European Countries during the Covid-19 Pandemic in Terms of Economic Security

Abstract:

Objective: To carry out a multidimensional comparative analysis of the number of deaths in European countries during the COVID-19 pandemic in terms of economic security.

Outline/Methodology/ The subject of the study is 31 European countries while the object of the study of is the number of human deaths. The study formulates the Assumption -  following research question: Will the multidimensional comparative analysis of the number of human deaths during the COVID-19 pandemic in terms of economic security make it possible to predict the number of deaths in the future?

Conclusion: The distribution of human deaths in 31 European countries considered on a weekly basis over a period from week 9 to week 16 of 2020 is normal. In all European countries which have been discussed, the COVID-19 pandemic has led to an increase in human deaths but the strength of the growth rate in each country is at different levels.

Practical implications: Detecting upward trends in deaths in 2020 will change the regularity of human deaths from previous years (2017-2018) which, in turn, is likely to transfer to a reduction in the number of deaths in the future in proportion to their increase in 2020.

Originality: The application of multidimensional comparative analyses of 31 European countries will allow the number of deaths of people to be predicted in the future in a dynamic way.