The Lockdown Effect on the Health Economy in Romania: Case Study

Abstract:

The COVID-19 pandemic had a major impact globally in every domain of activity especially the health system as well as the economic one through emergency measures imposed by the state. This paper aims to assess the impact the pandemic had on the health economy in Romania using reports of public spendings during that period. The sample was composed of 42 counties, including the capital of Romania, through which a series of spendings were analyzed, spendings aimed towards fighting the pandemic. Within this study the following has been defined: a dependent variable represented by public spending reports used by institutions as a way of communication (R) and four independent variables represented by: donations and sponsorships (S), healthcare spendings (M), quarantine spendings (C), sanitizing fees (D) and other types of spendings (T). The research method consisted in qualitative as well as quantitative research, the latter using econometric calculation methods. The obtained results proved that during the COVID-19 lockdown, a considerable amount of public funds from the health economy were meant for fighting the pandemic.