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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Language: | English |
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University of Pitesti
2020-12-01
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Series: | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
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Online Access: | http://economic.upit.ro/RePEc/pdf/2020_3_9.pdf |
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author | Maria Daniela BONDOC Filofteia Georgiana JUCATORU |
author_facet | Maria Daniela BONDOC Filofteia Georgiana JUCATORU |
author_sort | Maria Daniela BONDOC |
collection | DOAJ |
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 |
id | doaj-art-9a2c91a098d84b5896afd9d77e99da45 |
institution | Matheson Library |
issn | 1583-1809 2344-4908 |
language | English |
publishDate | 2020-12-01 |
publisher | University of Pitesti |
record_format | Article |
series | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
spelling | doaj-art-9a2c91a098d84b5896afd9d77e99da452025-08-02T14:46:34ZengUniversity of PitestiBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice1583-18092344-49082020-12-011937178ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITYMaria Daniela BONDOC 0Filofteia Georgiana JUCATORU 1Faculty of Economics and Law, University of Pitesti, RomaniaFaculty of Economics and Law, University of Pitesti, RomaniaFor 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.http://economic.upit.ro/RePEc/pdf/2020_3_9.pdfautomotive sectorcovid-19 economic impacteconomic indicators. |
spellingShingle | Maria Daniela BONDOC Filofteia Georgiana JUCATORU ROMANIAN AUTOMOTIVE SECTOR AMID COVID-19 PANDEMIC CRISIS: IMPACT ON PRODUCTION AND PRODUCTIVITY Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice automotive sector covid-19 economic impact economic indicators. |
title | 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_short | 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 |
topic | automotive sector covid-19 economic impact economic indicators. |
url | http://economic.upit.ro/RePEc/pdf/2020_3_9.pdf |
work_keys_str_mv | AT mariadanielabondoc romanianautomotivesectoramidcovid19pandemiccrisisimpactonproductionandproductivity AT filofteiageorgianajucatoru romanianautomotivesectoramidcovid19pandemiccrisisimpactonproductionandproductivity |