EXAMINATION OF COVID-19 DEATHS IN G-7 COUNTRIES BY PANEL DATA ANALYSIS METHOD

Year 2021, Volume: 6 Issue: 2, 550 - 562, 29.07.2021

Osman Şenol , Durmuş Gökkaya

Abstract

The Covid-19 epidemic continues today as a pandemic that affects all societies. Thousands of people have
died from the virus in question. With the cooperation of national and international organizations, a struggle
is being made to get rid of this pandemic. As part of the struggle, tests are carried out to detect infected
people, while vaccination programs are applied to ensure permanent recovery. But deaths from Covid-19
are increasing inexorably. In this context, the number of tests applied, the number of vaccine doses
administered, the number of cases encountered and the number of deaths from Covid-19 in the 7 most
developed countries of the world were analyzed by panel data analysis method. Panel data analysis method
is an econometric method that can analyze time series and cross-section data simultaneously. It was
predicted that the vaccines administered could reduce deaths from Covid-19. It was estimated that if each
dose of vaccine administered was increased, deaths from Covid-19 could decrease by 0.57 units. On the other hand, it was observed that the increase in the number of cases led to an increase in deaths from Covid19. The importance of the number of tests applied in the fight against Covid-19 was also determined. As a
result, the importance of vaccination activities in the fight against Covid-19 has been scientifically
demonstrated with the model obtained. On average, it is estimated that both vaccines can save a person's
life.

Keywords

Covid-19, Covid-19 Vaccine Number, covid-19 death number, panel data analysis, g-7 countries

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