Significant China Government Efforts Slow Down the Covid-19: Evidence from the Ordinary Least Square Method

Abstract – As dated 23 February, China’s newly recovered corona-virus patients outnumber new infections for 5th consecutive day while 18 new infections on mainland regions outside Hubei with 21 province level regions recording zero new infections. The present study is focusing on evaluating the daily and weekly percentage marginal change for the Covid-19’s Confirmed Cases, Recovered Cases, and the Death Cases from the period dated 20 January 2020 to 23 February 2020 in China. To find the desired results, the study applied the Ordinary Least Square Method (OLS) to assess the daily marginal average percentage change for the Covid-19’s Confirmed Cases, Recovered Cases and the Death Cases from the week dated 20 January 2020 to 23 February 2020 in China. Daily reported time series data from China statistics from 20 January 2020 to 23 February 2020 were used to make the study’s objective accomplished. To evaluate the percentage marginal change for the Covid-19 Confirmed cases, recovered cases, and the death cases, the study calculated the daily and weekly marginal average percentage change for the sub divided weeks that are (20 Jan 2020-26 Jan 2020), (27 Jan 2020 – 2 Feb 2020), (3 Feb 2020 – 9 Feb 2020), (10 Feb 2020 – 16 Feb 2020), and (17 Feb 2020 – 23 Feb 2020). The findings of the study were in actual fact interesting. The study findings revealed that the Covid-19 Confirmed cases and Death cases weekly marginal average percentage change is continuously declining from the week dated 20 January 2020 to 23 February 2020 in China. However, the Covid-19 recovered cases weekly marginal average change is increasing at decreasing rate. Evidence of the   study findings justified the fact that significant China Government efforts and measures to fight the battle of Covid-19 has a positive outcome and meaningful within the period dated 20 Jan 2020 to 23 February 2020 in China.

Keywords: China Government, Covid-19, Ordinary Least Square Method

[Cite as: Sansa, N. A. (2020). Significant China Government Efforts Slow Down the Covid-19: Evidence from the Ordinary Least Square Method. Diverse Journal of Multidisciplinary Research, Vol. 2, Issue 2, Pages 38-44.]

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