Effect of COVID-19 on Trade in Case of Afar Regional State

Dagmawe Menelek Asfaw; Abdurhman Kedir Ali; Mohammed Adem Ali

doi:doi:10.11648/j.ijebo.20221002.14

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Effect of COVID-19 on Trade in Case of Afar Regional State

Dagmawe Menelek Asfaw, Abdurhman Kedir Ali, Mohammed Adem Ali

Published in International Journal of Economic Behavior and Organization (Volume 10, Issue 2)

Received: 28 February 2022 Accepted: 6 April 2022 Published: 14 April 2022

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Abstract

The COVID-19 pandemic will not only suppress economic growth, it will also adversely impact sustainable development, trade in the short run generally in the world and particular in Ethiopia, Afar. This study analyzed effect of COVID-19 on social welfare in case of Afar regional state, Ethiopia using panel data collected from a sample of 120 in Asyaita, Dubti Samara-logia and Awash town. To address the objective of the study, both descriptive statistics and econometric models were used to analyze the data. The descriptive analysis results revealed that the main source of income was emanated from self-employee (81.67%), from the total households 70% of them were engaged in service sector, due to COVID-19 the income trends of 81% households were decrease, increase expenditure on food & food items (13%) and on service delivering (15%). The econometrics model was based on panel data analysis from February 13, 2020 to June 13, 2020 to investigate the effect of COVID-19 on social welfare in the case of afar regional stated. After conducting necessary pre and post estimation test, we had found the following results. The econometrics model found that the three basic policy variables (number of COVID-19 victim, number of days with COVID-19 disease and transportation ban) were adversely affect welfare of the society by decreasing the income of households and increasing their expenditures. Finally, considering regional experience, econometric and descriptive results, this study recommends that the government and the concerned policy maker could undertake:- the government should give more attentions to service sector, supported those self-employee and daily laborer, make awareness to the society about COVID-19 epidemic, place alternative mechanism to fill potential trade gaps.

Published in	International Journal of Economic Behavior and Organization (Volume 10, Issue 2)
DOI	10.11648/j.ijebo.20221002.14
Page(s)	64-71
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

COVID-19, Social Welfare, Panel Data Analysis, Fixed Effect, Random Effect

References

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[5]	WHO, W., WHO Director-General's opening remarks at the media briefing on COVID-19. www.who.int, 2020.
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[8]	McKibbin, W. and R. Fernando, The global macroeconomic impacts of COVID-19: Seven scenarios. Asian Economic Papers, 2021. 20 (2): p. 1-30.
[9]	Annex, I. and V. I. Fiches, Mitigating the socio-economic impacts of COVID-19 in Ethiopia, with a focus on vulnerable groups.
[10]	Beyene, L. M., T. Ferede, and G. Diriba, The economywide impact of the COVID-19 in Ethiopia: Policy and Recovery options. 2020.
[11]	Nechifor, V., et al., COVID-19: socioeconomic impacts and recovery in Ethiopia. 2020: Publications Office of the European Union.
[12]	Asegie, A. M., S. T. Adisalem, and A. A. Eshetu, The effects of COVID-19 on livelihoods of rural households: South Wollo and Oromia Zones, Ethiopia. Heliyon, 2021. 7 (12): p. e08550.
[13]	Harris, D., et al., The Impact of COVID-19 in Ethiopia: Policy Brief. 2021.
[14]	Barbero, J., J. J. de Lucio, and E. Rodríguez-Crespo, Effects of COVID-19 on trade flows: Measuring their impact through government policy responses. PloS one, 2021. 16 (10): p. e0258356.
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[16]	Liu, X., E. Ornelas, and H. Shi, The trade impact of the Covid-19 pandemic. 2021.
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[18]	Baye, K., COVID-19 prevention measures in Ethiopia: current realities and prospects. Vol. 141. 2020: Intl Food Policy Res Inst.
[19]	Wooldridge, J. M., Introductory econometrics: A modern approach. 2015: Cengage learning.
[20]	Asfaw, D. M., Analysis of technical efficiency of smallholder tomato producers in Asaita district, Afar National Regional State, Ethiopia. PloS one, 2021. 16 (9): p. e0257366.
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APA Style

Dagmawe Menelek Asfaw, Abdurhman Kedir Ali, Mohammed Adem Ali. (2022). Effect of COVID-19 on Trade in Case of Afar Regional State. International Journal of Economic Behavior and Organization, 10(2), 64-71. https://doi.org/10.11648/j.ijebo.20221002.14

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ACS Style

Dagmawe Menelek Asfaw; Abdurhman Kedir Ali; Mohammed Adem Ali. Effect of COVID-19 on Trade in Case of Afar Regional State. Int. J. Econ. Behav. Organ. 2022, 10(2), 64-71. doi: 10.11648/j.ijebo.20221002.14

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AMA Style

Dagmawe Menelek Asfaw, Abdurhman Kedir Ali, Mohammed Adem Ali. Effect of COVID-19 on Trade in Case of Afar Regional State. Int J Econ Behav Organ. 2022;10(2):64-71. doi: 10.11648/j.ijebo.20221002.14

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@article{10.11648/j.ijebo.20221002.14,
  author = {Dagmawe Menelek Asfaw and Abdurhman Kedir Ali and Mohammed Adem Ali},
  title = {Effect of COVID-19 on Trade in Case of Afar Regional State},
  journal = {International Journal of Economic Behavior and Organization},
  volume = {10},
  number = {2},
  pages = {64-71},
  doi = {10.11648/j.ijebo.20221002.14},
  url = {https://doi.org/10.11648/j.ijebo.20221002.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20221002.14},
  abstract = {The COVID-19 pandemic will not only suppress economic growth, it will also adversely impact sustainable development, trade in the short run generally in the world and particular in Ethiopia, Afar. This study analyzed effect of COVID-19 on social welfare in case of Afar regional state, Ethiopia using panel data collected from a sample of 120 in Asyaita, Dubti Samara-logia and Awash town. To address the objective of the study, both descriptive statistics and econometric models were used to analyze the data. The descriptive analysis results revealed that the main source of income was emanated from self-employee (81.67%), from the total households 70% of them were engaged in service sector, due to COVID-19 the income trends of 81% households were decrease, increase expenditure on food & food items (13%) and on service delivering (15%). The econometrics model was based on panel data analysis from February 13, 2020 to June 13, 2020 to investigate the effect of COVID-19 on social welfare in the case of afar regional stated. After conducting necessary pre and post estimation test, we had found the following results. The econometrics model found that the three basic policy variables (number of COVID-19 victim, number of days with COVID-19 disease and transportation ban) were adversely affect welfare of the society by decreasing the income of households and increasing their expenditures. Finally, considering regional experience, econometric and descriptive results, this study recommends that the government and the concerned policy maker could undertake:- the government should give more attentions to service sector, supported those self-employee and daily laborer, make awareness to the society about COVID-19 epidemic, place alternative mechanism to fill potential trade gaps.},
 year = {2022}
}

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TY  - JOUR
T1  - Effect of COVID-19 on Trade in Case of Afar Regional State
AU  - Dagmawe Menelek Asfaw
AU  - Abdurhman Kedir Ali
AU  - Mohammed Adem Ali
Y1  - 2022/04/14
PY  - 2022
N1  - https://doi.org/10.11648/j.ijebo.20221002.14
DO  - 10.11648/j.ijebo.20221002.14
T2  - International Journal of Economic Behavior and Organization
JF  - International Journal of Economic Behavior and Organization
JO  - International Journal of Economic Behavior and Organization
SP  - 64
EP  - 71
PB  - Science Publishing Group
SN  - 2328-7616
UR  - https://doi.org/10.11648/j.ijebo.20221002.14
AB  - The COVID-19 pandemic will not only suppress economic growth, it will also adversely impact sustainable development, trade in the short run generally in the world and particular in Ethiopia, Afar. This study analyzed effect of COVID-19 on social welfare in case of Afar regional state, Ethiopia using panel data collected from a sample of 120 in Asyaita, Dubti Samara-logia and Awash town. To address the objective of the study, both descriptive statistics and econometric models were used to analyze the data. The descriptive analysis results revealed that the main source of income was emanated from self-employee (81.67%), from the total households 70% of them were engaged in service sector, due to COVID-19 the income trends of 81% households were decrease, increase expenditure on food & food items (13%) and on service delivering (15%). The econometrics model was based on panel data analysis from February 13, 2020 to June 13, 2020 to investigate the effect of COVID-19 on social welfare in the case of afar regional stated. After conducting necessary pre and post estimation test, we had found the following results. The econometrics model found that the three basic policy variables (number of COVID-19 victim, number of days with COVID-19 disease and transportation ban) were adversely affect welfare of the society by decreasing the income of households and increasing their expenditures. Finally, considering regional experience, econometric and descriptive results, this study recommends that the government and the concerned policy maker could undertake:- the government should give more attentions to service sector, supported those self-employee and daily laborer, make awareness to the society about COVID-19 epidemic, place alternative mechanism to fill potential trade gaps.
VL  - 10
IS  - 2
ER  -

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Author Information

Dagmawe Menelek Asfaw

Department of Economics, College of Business and Economics, Samara University, Samara, Ethiopia
Abdurhman Kedir Ali

Department of Economics, College of Business and Economics, Samara University, Samara, Ethiopia
Mohammed Adem Ali

Department of Economics, College of Business and Economics, Samara University, Samara, Ethiopia

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APA Style

Dagmawe Menelek Asfaw, Abdurhman Kedir Ali, Mohammed Adem Ali. (2022). Effect of COVID-19 on Trade in Case of Afar Regional State. International Journal of Economic Behavior and Organization, 10(2), 64-71. https://doi.org/10.11648/j.ijebo.20221002.14

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ACS Style

Dagmawe Menelek Asfaw; Abdurhman Kedir Ali; Mohammed Adem Ali. Effect of COVID-19 on Trade in Case of Afar Regional State. Int. J. Econ. Behav. Organ. 2022, 10(2), 64-71. doi: 10.11648/j.ijebo.20221002.14

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AMA Style

Dagmawe Menelek Asfaw, Abdurhman Kedir Ali, Mohammed Adem Ali. Effect of COVID-19 on Trade in Case of Afar Regional State. Int J Econ Behav Organ. 2022;10(2):64-71. doi: 10.11648/j.ijebo.20221002.14

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@article{10.11648/j.ijebo.20221002.14,
  author = {Dagmawe Menelek Asfaw and Abdurhman Kedir Ali and Mohammed Adem Ali},
  title = {Effect of COVID-19 on Trade in Case of Afar Regional State},
  journal = {International Journal of Economic Behavior and Organization},
  volume = {10},
  number = {2},
  pages = {64-71},
  doi = {10.11648/j.ijebo.20221002.14},
  url = {https://doi.org/10.11648/j.ijebo.20221002.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20221002.14},
  abstract = {The COVID-19 pandemic will not only suppress economic growth, it will also adversely impact sustainable development, trade in the short run generally in the world and particular in Ethiopia, Afar. This study analyzed effect of COVID-19 on social welfare in case of Afar regional state, Ethiopia using panel data collected from a sample of 120 in Asyaita, Dubti Samara-logia and Awash town. To address the objective of the study, both descriptive statistics and econometric models were used to analyze the data. The descriptive analysis results revealed that the main source of income was emanated from self-employee (81.67%), from the total households 70% of them were engaged in service sector, due to COVID-19 the income trends of 81% households were decrease, increase expenditure on food & food items (13%) and on service delivering (15%). The econometrics model was based on panel data analysis from February 13, 2020 to June 13, 2020 to investigate the effect of COVID-19 on social welfare in the case of afar regional stated. After conducting necessary pre and post estimation test, we had found the following results. The econometrics model found that the three basic policy variables (number of COVID-19 victim, number of days with COVID-19 disease and transportation ban) were adversely affect welfare of the society by decreasing the income of households and increasing their expenditures. Finally, considering regional experience, econometric and descriptive results, this study recommends that the government and the concerned policy maker could undertake:- the government should give more attentions to service sector, supported those self-employee and daily laborer, make awareness to the society about COVID-19 epidemic, place alternative mechanism to fill potential trade gaps.},
 year = {2022}
}

Copy | Download

TY  - JOUR
T1  - Effect of COVID-19 on Trade in Case of Afar Regional State
AU  - Dagmawe Menelek Asfaw
AU  - Abdurhman Kedir Ali
AU  - Mohammed Adem Ali
Y1  - 2022/04/14
PY  - 2022
N1  - https://doi.org/10.11648/j.ijebo.20221002.14
DO  - 10.11648/j.ijebo.20221002.14
T2  - International Journal of Economic Behavior and Organization
JF  - International Journal of Economic Behavior and Organization
JO  - International Journal of Economic Behavior and Organization
SP  - 64
EP  - 71
PB  - Science Publishing Group
SN  - 2328-7616
UR  - https://doi.org/10.11648/j.ijebo.20221002.14
AB  - The COVID-19 pandemic will not only suppress economic growth, it will also adversely impact sustainable development, trade in the short run generally in the world and particular in Ethiopia, Afar. This study analyzed effect of COVID-19 on social welfare in case of Afar regional state, Ethiopia using panel data collected from a sample of 120 in Asyaita, Dubti Samara-logia and Awash town. To address the objective of the study, both descriptive statistics and econometric models were used to analyze the data. The descriptive analysis results revealed that the main source of income was emanated from self-employee (81.67%), from the total households 70% of them were engaged in service sector, due to COVID-19 the income trends of 81% households were decrease, increase expenditure on food & food items (13%) and on service delivering (15%). The econometrics model was based on panel data analysis from February 13, 2020 to June 13, 2020 to investigate the effect of COVID-19 on social welfare in the case of afar regional stated. After conducting necessary pre and post estimation test, we had found the following results. The econometrics model found that the three basic policy variables (number of COVID-19 victim, number of days with COVID-19 disease and transportation ban) were adversely affect welfare of the society by decreasing the income of households and increasing their expenditures. Finally, considering regional experience, econometric and descriptive results, this study recommends that the government and the concerned policy maker could undertake:- the government should give more attentions to service sector, supported those self-employee and daily laborer, make awareness to the society about COVID-19 epidemic, place alternative mechanism to fill potential trade gaps.
VL  - 10
IS  - 2
ER  -

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