ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY

For more than eight months, the global economy has been challenged to cope with an unprecedented health crisis affecting both individuals and businesses. The pandemic generated by the COVID-19 virus has rapidly spread globally and continues to strongly threaten the entire economy. After tourism, the...

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Autores principales: Maria Daniela BONDOC, Filofteia Georgiana JUCATORU
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Lenguaje:EN
Publicado: Publishing house of University of Pitesti, Romania 2020
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Acceso en línea:https://doaj.org/article/9a2c91a098d84b5896afd9d77e99da45
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spelling oai:doaj.org-article:9a2c91a098d84b5896afd9d77e99da452021-11-04T18:04:40ZROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY1583-18092344-4908https://doaj.org/article/9a2c91a098d84b5896afd9d77e99da452020-12-01T00:00:00Zhttp://economic.upit.ro/RePEc/pdf/2020_3_9.pdfhttps://doaj.org/toc/1583-1809https://doaj.org/toc/2344-4908For more than eight months, the global economy has been challenged to cope with an unprecedented health crisis affecting both individuals and businesses. The pandemic generated by the COVID-19 virus has rapidly spread globally and continues to strongly threaten the entire economy. After tourism, the automotive sector suffers the most. The analysis proposed in this paper aims at comparisons between the level of some economic indicators in the Romanian automotive sector (production, average number of directly productive staff, productivity) in 2020 and 2019 to highlight the impact of the state of emergency and then the state of alert established at national level due to the COVID-19 pandemic. The car market has been hit hard by the crisis of this pandemic, and there has been a sharp decline in production and sales. The automotive industry is one of the key components of the global economy, and the downturn has affected and will severely affect society as a whole.Maria Daniela BONDOC Filofteia Georgiana JUCATORU Publishing house of University of Pitesti, Romaniaarticleautomotive sectorcovid-19 economic impacteconomic indicators.Economic theory. DemographyHB1-3840ENBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice, Vol 19, Iss 3, Pp 71-78 (2020)
institution DOAJ
collection DOAJ
language EN
topic automotive sector
covid-19 economic impact
economic indicators.
Economic theory. Demography
HB1-3840
spellingShingle automotive sector
covid-19 economic impact
economic indicators.
Economic theory. Demography
HB1-3840
Maria Daniela BONDOC
Filofteia Georgiana JUCATORU
ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY
description For more than eight months, the global economy has been challenged to cope with an unprecedented health crisis affecting both individuals and businesses. The pandemic generated by the COVID-19 virus has rapidly spread globally and continues to strongly threaten the entire economy. After tourism, the automotive sector suffers the most. The analysis proposed in this paper aims at comparisons between the level of some economic indicators in the Romanian automotive sector (production, average number of directly productive staff, productivity) in 2020 and 2019 to highlight the impact of the state of emergency and then the state of alert established at national level due to the COVID-19 pandemic. The car market has been hit hard by the crisis of this pandemic, and there has been a sharp decline in production and sales. The automotive industry is one of the key components of the global economy, and the downturn has affected and will severely affect society as a whole.
format article
author Maria Daniela BONDOC
Filofteia Georgiana JUCATORU
author_facet Maria Daniela BONDOC
Filofteia Georgiana JUCATORU
author_sort Maria Daniela BONDOC
title ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY
title_short ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY
title_full ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY
title_fullStr ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY
title_full_unstemmed ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY
title_sort romanian automotive sector amid covid-19 pandemic crisis: impact on production and productivity
publisher Publishing house of University of Pitesti, Romania
publishDate 2020
url https://doaj.org/article/9a2c91a098d84b5896afd9d77e99da45
work_keys_str_mv AT mariadanielabondoc romanianautomotivesectoramidcovid19pandemiccrisisimpactonproductionandproductivity
AT filofteiageorgianajucatoru romanianautomotivesectoramidcovid19pandemiccrisisimpactonproductionandproductivity
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