Characteristic attributes of the Latin American response to COVID-19 through principal component analysis
DOI:
https://doi.org/10.5281/zenodo.13749901Keywords:
COVID-19, attributes, response, Latin America, main componentsAbstract
The objective of this work was to identify the attributes that characterize the adaptation, recovery and confrontation response to the pandemic in 6 Latin American countries. Non-experimental, quantitative, documentary and analytical design study. The Principal Components Method was applied. The results indicate that the main attributes that contribute positively to explaining the variance of the data are: a) credits to the private sector, which reflect the availability of capital for the functioning of the economy; and b) gross capital formation and growth, GDP, life expectancy, balance of payments, current expenditure, unemployment, expenditure on health services and import of goods and services. While the attributes that provide a negative contribution are: foreign capital inflow, external debt, informal employment, inflation, population density, added value of industry, added value in agriculture, mortality rate and poor hygiene and health conditions.
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