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Socioeconomic impact and sufficiency of government financial support during COVID-19 pandemic: A retrospective study.
Lau, Wee Yeap; Ke, Guek Nee; Yip, Tien Ming; Wong, Rachel Mei Ming; Kamal, Khalil Anwar; Lee, Shen Ching; Carter, Stephen; Khairudin, Rozainee; Grajfoner, Dasha.
Afiliación
  • Lau WY; Department of Decision Science, Faculty of Business and Economics, Universiti Malaya, Kuala Lumpur, Malaysia.
  • Ke GN; Department of Psychology, School of Social Sciences, Heriot-Watt University Malaysia, Putrajaya, Malaysia.
  • Yip TM; Department of Decision Science, Faculty of Business and Economics, Universiti Malaya, Kuala Lumpur, Malaysia.
  • Wong RMM; Department of Psychology, School of Social Sciences, Heriot-Watt University Malaysia, Putrajaya, Malaysia.
  • Kamal KA; Malaysian Institute of Economic Research (MIER), Kuala Lumpur, Malaysia.
  • Lee SC; Malaysian Institute of Economic Research (MIER), Kuala Lumpur, Malaysia.
  • Carter S; Edinburgh Business School, Heriot-Watt University Edinburgh, Scotland, United Kingdom.
  • Khairudin R; National University of Malaysia, Bangi, Malaysia.
  • Grajfoner D; DOBA Business School, Maribor, Slovenia.
PLoS One ; 19(5): e0302979, 2024.
Article en En | MEDLINE | ID: mdl-38781248
ABSTRACT
This study examines the socioeconomic impact of the COVID-19 pandemic and the sufficiency of government support. Based on an online survey with 920 respondents, the cross-tabulation and binary logistic regression results show firstly, in terms of loss of income, male respondents are more likely to have a loss of income as compared to female counterparts, and secondly, among different categories of employment status, the self-employed respondents are the most vulnerable group, given that more than 20 percent of them experienced loss of income due to the COVID-19 pandemic. Moreover, respondents working in small-and-medium enterprises (SMEs) and the informal sector are more likely to face loss of income as compared to respondents working in other sectors of employment. Likewise, respondents without tertiary education level are more likely to have a loss of income as compared to respondents with university certification. The baseline results highlight the insufficiency of government financial support programs based on the perspective of Malaysians from different demographic backgrounds. As a policy implication, the findings could guide the State in formulating the right policies for target groups who need more assistance than others in the community.
Asunto(s)

Texto completo: 1 Colección: 01-internacional Base de datos: MEDLINE Asunto principal: Factores Socioeconómicos / Pandemias / COVID-19 Límite: Adult / Female / Humans / Male / Middle aged Idioma: En Revista: PLoS One Asunto de la revista: CIENCIA / MEDICINA Año: 2024 Tipo del documento: Article País de afiliación: Malasia Pais de publicación: Estados Unidos

Texto completo: 1 Colección: 01-internacional Base de datos: MEDLINE Asunto principal: Factores Socioeconómicos / Pandemias / COVID-19 Límite: Adult / Female / Humans / Male / Middle aged Idioma: En Revista: PLoS One Asunto de la revista: CIENCIA / MEDICINA Año: 2024 Tipo del documento: Article País de afiliación: Malasia Pais de publicación: Estados Unidos