European countries’ vulnerability to COVID-19: multicriteria decision-making techniques

References

• Altig, D., Baker, S., Barrero, J. M., Bloom, N., Bunn, P., Chen, S., Davis, S. J., Leather, J., Meyer, B., Mihaylov, E., Mizen, P., Parker, N., Renault, T., Smietanka, P., & Thwaites, G. (2020). Economic uncertainty before and during the COVID-19 pandemic. Journal of Public Economics, 191, 104274. https://doi.org/https://doi.org/10.1016/j.jpubeco.2020.104274
   PubMed Web of Science ®Google Scholar
• Anderson, M., McKee, M., & Mossialos, E. (2020). Covid-19 exposes weaknesses in European response to outbreaks. BMJ, 368, 1–2. https://doi.org/https://doi.org/10.1136/bmj.m1075.
   Google Scholar
• Baker, S., Bloom, N., Davis, S. J., & Terry, S. (2020). COVID-induced economic uncertainty [NBER Working Paper No. 26983].
   Google Scholar
• Baldwin, R., & di Mauro, B. W. (2020). Economics in the time of COVID-19. A VoxEU.org Book. Centre for Economic Policy Research.
   Google Scholar
• Balešentis, T., Balešentis, A., & Brauers, W. K. M. (2011). Multi-objective optimization of well-being in the European Union member states. Economic Research-Ekonomska Istraživanja, 24(4), 1–15. https://doi.org/https://doi.org/10.1080/1331677X.2011.11517485
   Web of Science ®Google Scholar
• Blundell, J., & Machin, S. (2020). Self-employment in the Covid-19 crisis. CEP Covid-19 analysis [Paper 003]. London School of Economics and Political Science.
   Google Scholar
• Cartaxo, A., Cartaxo, F., Bermejo, P., Figueiredo, M., & Nalder, D. (2020). The exposure risk to COVID-19 in most affected countries: A vulnerability assessment model. The Lancet. https://doi.org/https://doi.org/10.2139/ssrn.3687379.
   Google Scholar
• Codagnone, C., Bogliacino, F., Gómez, C., Charris, R., Montealegre, F., Liva, G., Lupiáñez-Villanueva, F., Folkvord, F., & Veltri, G. A. (2020). Assessing concerns for the economic consequence of the COVID-19 response and mental health problems associated with economic vulnerability and negative economic shock in Italy, Spain, and the United Kingdom. PLoS One, 15(10), e0240876. https://doi.org/https://doi.org/10.1371/journal.pone.0240876
   PubMed Web of Science ®Google Scholar
• Drake, T. L., Chalabi, Z., & Coker, R. (2012). Cost-effectiveness analysis of pandemic influenza preparedness: What’s missing? Bulletin of the World Health Organization, 90(12), 940–941. https://doi.org/https://doi.org/10.2471/BLT.12.109025
   PubMed Web of Science ®Google Scholar
• Fernandes, N. (2020). Economic effects of coronavirus outbreak (COVID-19) on the world economy [Working paper IESE Business School].
   Google Scholar
• Guerreri, V., Lorenzoni, G., Straub, L., & Werning, I. (2020). Macroeconomic implications of COVID-19: Can negative supply shocks cause demand shortages? [Working Paper], 2 April.
   Google Scholar
• Horobet, A., Simionescu, A., Dumitrescu, G., & Belascu, L. (2020). Europe’s war against COVID-19: A map of countries’ disease vulnerability using mortality indicators. International Journal of Environmental Research and Public Health, 17(18), 6565. https://doi.org/https://doi.org/10.3390/ijerph17186565
   Web of Science ®Google Scholar
• Hu, M., Liu, M., & Lan, J. (2020). Decision making with both diversity supporting and opposing membership information. Economic Research-Ekonomska Istraživanja, 33(1), 3427–3452. https://doi.org/https://doi.org/10.1080/1331677X.2020.1774790
   Web of Science ®Google Scholar
• Hwang, C. L., & Yoon, K. (1981). Multiple attribute decision making. Methods and applications a state-of-the-art survey. Springer-Verlag.
   Google Scholar
• Jorda, O., Singh, S. R., & Taylor, A. M. (2020). Longer-run economic consequences of pandemics [Covid Economics: Vetted and Real-Time Papers, 1], 3 April.
   Google Scholar
• Karabiyik, C., & Kutlu, K. B. (2018). Benchmarking international trade performance of OECD countries: TOPSIS and AHP approaches. Gaziantep University Journal of Social Sciences, 17(1), 239–251. https://doi.org/https://doi.org/10.21547/jss.267381
   Google Scholar
• Karnon, J. (2020). The case for a temporary COVID-19 income tax levy now, during the crisis. Applied Health Economics and Health Policy, 18(3), 335–337. https://doi.org/https://doi.org/10.1007/s40258-020-00585-6
   PubMed Web of Science ®Google Scholar
• Kashnitsky, I., & Aburto, J. M. (2020). COVID-19 in unequally ageing European regions. World Development, 136, 105170. https://doi.org/https://doi.org/10.1016/j.worlddev.2020.105170
   PubMed Web of Science ®Google Scholar
• Kaynak, S., Altuntas, S., & Dereli, T. (2017). Comparing the innovation performance of EU candidate countries: An entropy-based TOPSIS approach. Economic Research-Ekonomska Istraživanja, 30(1), 31–54. https://doi.org/https://doi.org/10.1080/1331677X.2016.1265895
   Web of Science ®Google Scholar
• Lenzen, M., Li, M., Malik, A., Pomponi, F., Sun, Y.-Y., Wiedmann, T., Faturay, F., Fry, J., Gallego, B., Geschke, A., Gómez-Paredes, J., Kanemoto, K., Kenway, S., Nansai, K., Prokopenko, M., Wakiyama, T., Wang, Y., & Yousefzadeh, M. (2020). Global socio-economic losses and environmental gains from the Coronavirus pandemic. PLoS One, 15(7), e0235654. https://doi.org/https://doi.org/10.1371/journal.pone.0235654
   PubMed Web of Science ®Google Scholar
• Lin, M. C., Wang, C. C., Chen, M. S., & Chang, C. A. (2008). Using AHP and TOPSIS approaches in customer driven product design process. Computers in Industry, 59(1), 17–31. https://doi.org/https://doi.org/10.1016/j.compind.2007.05.013
   Web of Science ®Google Scholar
• Lourenzutti, R., & Krohling, R. A. (2016). A generalized TOPSIS method for group decision making with heterogeneous information in a dynamic environment. Information Sciences, 330, 1–18. https://doi.org/https://doi.org/10.1016/j.ins.2015.10.005
   Web of Science ®Google Scholar
• Majumder, P., Biswas, P., & Majumder, S. (2020). Application of new TOPSIS approach to identify the most significant risk factor and continuous monitoring of death of COVID-19. Electronic Journal of General Medicine, 17(6), em234. https://doi.org/https://doi.org/10.29333/ejgm/7904
   Web of Science ®Google Scholar
• Maliszewska, M., Mattoo, A., & van der Mensbruggh, D. (2020). The potential impact of COVID-19 on GDP and trade: A preliminary assessment [Policy Research Working Paper, 9211]. World Bank.
   Google Scholar
• Mandić, K., Delibašić, B., Knežević, S., & Benković, S. (2017). Analysis of the efficiency of insurance companies in Serbia using the fuzzy AHP and TOPSIS methods. Economic Research-Ekonomska Istraživanja, 30(1), 550–565. https://doi.org/https://doi.org/10.1080/1331677X.2017.1305786
   Web of Science ®Google Scholar
• Mardani, A., Jusoh, A., Nor, K., Khalifah, Z., Zakwan, N., & Valipour, A. (2015). Multiple criteria decision-making techniques and their applications – A review of the literature from 2000 to 2014. Economic Research-Ekonomska Istraživanja, 28(1), 516–571. https://doi.org/https://doi.org/10.1080/1331677X.2015.1075139
   Web of Science ®Google Scholar
• McKibbin, W., & Fernando, R. (2020). The global macroeconomic impacts of COVID-19 [Brookings Institute], March, 1–43.
   Google Scholar
• Mogi, R., & Spijker, J. (2020). The influence of social and economic ties to the spread of COVID-19 in Europe. SocArXiv, April 14. https://doi.org/https://doi.org/10.31235/osf.io/sb8xn.
   Google Scholar
• Nicola, M., Alsafi, Z., Sohrabi, C., Kerwan, A., Al-Jabir, A., Iosifidis, C., Agha, M., & Agha, R. (2020). The socio-economic implications of the coronavirus pandemic (COVID-19): A review. International Journal of Surgery, 78, 185–193. https://doi.org/https://doi.org/10.1016/j.ijsu.2020.04.018
   PubMed Web of Science ®Google Scholar
• Noy, I., Doan, N., Ferrarini, B., & Park, D. (2020). Measuring the economic risk of COVID-19. Global Policy, 11(4), 413–423. https://doi.org/https://doi.org/10.1111/1758-5899.12851
   Web of Science ®Google Scholar
• OECD. (2020). Coronavirus: The world economy at risk. OECD Interim Economic Assessment, 1–18. https://www.oecd.org/berlin/publikationen/Interim-Economic-Assessment-2-March-2020.pdf
   Google Scholar
• Orlik, T., Rush, J., Cousin, M., & Hong, J. (2020). Coronavirus could cost the global economy $2.7 trillion. Here’s how. Bloomberg. https://www.bloomberg.com/graphics/2020-coronavirus-pandemic-global-economic-risk/#:∼:text=The%20coronavirus%20is%20going%20global,world%20economy%20to%20a%20standstill.&text=The%20economic%20fallout%20could%20include,entire%20GDP%20of%20the%20U.K.
   Google Scholar
• Saaty, T. L., & Sagir, M. (2009). An essay on rank preservation and reversal. Mathematical and Computer Modelling, 49(5-6), 1230–1243. https://doi.org/https://doi.org/10.1016/j.mcm.2008.08.001
   Google Scholar
• Shrestha, N., Shad, M. Y., Ulvi, O., Khan, M. H., Karamehic-Muratovic, A., Nguyen, U., Baghbanzadeh, M., Wardrup, R., Aghamohammadi, N., Cervantes, D., Nahiduzzaman, K., Zaki, R., & Haque, U. (2020). The impact of COVID-19 on globalization. One Health, 11, 100180. https://doi.org/https://doi.org/10.1016/j.onehlt.2020.100180
   PubMed Web of Science ®Google Scholar
• The Economist. (2020). Germany excels among its European peers. The Economist, April 25.
   Google Scholar
• Triantaphyllou, E. (2010). Multi-criteria decision making methods: A comparative study. Springer.
   Google Scholar
• Valle, E. (2020). La reacción de la Unión Europea ante el COVID-19 [Working Paper FEDEA. 2020/03].
   Google Scholar
• Wang, Y. M., & Luo, Y. (2009). On rank reversal in decision analysis. Mathematical and Computer Modelling, 49(5-6), 1221–1229. https://doi.org/https://doi.org/10.1016/j.mcm.2008.06.019
   Google Scholar
• Wong, M. C., Teoh, J. Y., Huang, J., & Wong, S. H. (2020). The potential impact of vulnerability and coping capacity on the pandemic control of COVID-19. The Journal of Infection, 81(5), 816–846. https://doi.org/https://doi.org/10.1016/j.jinf.2020.05.060
   PubMed Web of Science ®Google Scholar
• World Health Organization. (2020). Coronavirus disease 2019 (COVID-19): Situation report. 100. World Health Organization.
   Google Scholar