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http://dx.doi.org/10.13160/ricns.2021.14.3.130

The Impact of Social disaster by COVID-19 on Consumer Price Index: Focused on Culture, Sports and Tourism  

Lee, Da-Hye (Department of Computer Science and Statistics, Chosun University)
Chang, In-Hong (Department of Computer Science and Statistics, Chosun University)
Publication Information
Journal of Integrative Natural Science / v.14, no.3, 2021 , pp. 130-138 More about this Journal
Abstract
The outbreak of COVID-19 has had a huge impact on human life. The World Bank group (WBG) has stated that 2020 is the worst year since World War II for economic growth. An epidemic of an infectious disease such as COVID-19 is classified as a "social disaster" by law. The social disaster caused by COVID-19 puts certain industries, occupations and vulnerable groups at risk of exclusion and isolation. This paper intends to examine the fluctuations in the consumer price index in the cultural, sports and tourism sector before and after the onset of COVID-19. In addition, it predicts the consumer price index by sector until December 2021 and reveals its implications.
Keywords
COVID-19; Social disaster; Consumer price Index; Culture; Sports; Tourism;
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