Development of an IT application to assess the economic impact of COVID-19 measures

Grant number: RITA2/117

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Key facts

  • Disease

    COVID-19
  • Start & end year

    2020
    2021
  • Known Financial Commitments (USD)

    $47,141.85
  • Funder

    Estonian Research Council
  • Principal Investigator

    Võrk Andres
  • Research Location

    Estonia
  • Lead Research Institution

    University of Tartu
  • Research Priority Alignment

    N/A
  • Research Category

    Secondary impacts of disease, response & control measures

  • Research Subcategory

    Economic impacts

  • Special Interest Tags

    N/A

  • Study Type

    Non-Clinical

  • Clinical Trial Details

    N/A

  • Broad Policy Alignment

    Pending

  • Age Group

    Unspecified

  • Vulnerable Population

    Unspecified

  • Occupations of Interest

    Unspecified

Abstract

Within the framework of the project, publicly available data on enterprises and their activities are used to characterize their economic activity, their sustainability, their importance for the state budget and for regions. The economic indicators of enterprises are linked to the data of public sector institutions that provided crisis measures. Economic indicators of enterprises that received and did not receive support measures are compared before and after the COVID-19 crisis. The project will develop an analysis environment using github, R and Shiny software, where public administrators can analyze which companies should be supported by various economic measures during the COVID-19 crisis and what the potential impact of the measures has been. As a result of the project, an automated process is created, where the input data is imported, the analysis is performed and the results of the analysis are displayed as a Shiny application.