Article Open Access November 09, 2022

Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities

1
Department of Economics, Wollega University, Ethiopia
2
Departments of Accounting and Finance, Wollega University, Ethiopia
Page(s): 52-70
Received
August 20, 2022
Revised
October 30, 2022
Accepted
November 07, 2022
Published
November 09, 2022
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright: Copyright © The Author(s), 2022. Published by Scientific Publications
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APA Style
Ayana, I. D. , Ayana, I. D. Goshu, F. B. , Goshu, F. B. Deressa, D. E. , Deressa, D. E. Geleta, M. W. , Geleta, M. W. Ebissa, T. T. , Ebissa, T. T. Gofe, T. E. , & Gofe, T. E. (2022). Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities. Universal Journal of Gastroenterology and Hepatology, 2(1), 52-70. https://doi.org/10.31586/ujfe.2022.502
ACS Style
Ayana, I. D. ; Ayana, I. D. Goshu, F. B. ; Goshu, F. B. Deressa, D. E. ; Deressa, D. E. Geleta, M. W. ; Geleta, M. W. Ebissa, T. T. ; Ebissa, T. T. Gofe, T. E. ; Gofe, T. E. Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities. Universal Journal of Gastroenterology and Hepatology 2022 2(1), 52-70. https://doi.org/10.31586/ujfe.2022.502
Chicago/Turabian Style
Ayana, Isubalew Daba, Isubalew Daba Ayana. Firdisa Birru Goshu, Firdisa Birru Goshu. Desalegn Eticha Deressa, Desalegn Eticha Deressa. Melkamu Wolde Geleta, Melkamu Wolde Geleta. Tarekegn Tariku Ebissa, Tarekegn Tariku Ebissa. Tesfaye Eresso Gofe, and Tesfaye Eresso Gofe. 2022. "Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities". Universal Journal of Gastroenterology and Hepatology 2, no. 1: 52-70. https://doi.org/10.31586/ujfe.2022.502
AMA Style
Ayana ID, Ayana IDGoshu FB, Goshu FBDeressa DE, Deressa DEGeleta MW, Geleta MWEbissa TT, Ebissa TTGofe TE, Gofe TE. Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities. Universal Journal of Gastroenterology and Hepatology. 2022; 2(1):52-70. https://doi.org/10.31586/ujfe.2022.502
@Article{ujgh502,
AUTHOR = {Ayana, Isubalew Daba and Goshu, Firdisa Birru and Deressa, Desalegn Eticha and Geleta, Melkamu Wolde and Ebissa, Tarekegn Tariku and Gofe, Tesfaye Eresso and Olana, Dugasa Rafisa},
TITLE = {Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities},
JOURNAL = {Universal Journal of Gastroenterology and Hepatology},
VOLUME = {2},
YEAR = {2022},
NUMBER = {1},
PAGES = {52-70},
URL = {https://www.scipublications.com/journal/index.php/UJFE/article/view/502},
ISSN = {ISSN Pending},
DOI = {10.31586/ujfe.2022.502},
ABSTRACT = {This research is conducted with main aim of assessing the economic consequences of Covid-19 pandemic in Western Ethiopia. Primary data is collected through questionnaire and interview from 320 respondents living in three zones of Western Ethiopia. The study areas (zones) are selected purposively from Oromia region; however, the respondents are sampled by employing random sampling technique. The respondents were stratified as community members, daily laborer, business owners, government sector and NGOs employees. Exploratory research design was adopted to achieve the research objectives. Simple descriptive statistics and ordinary least square regression model are used to analyze and interpret the collected data. The study results disclose that majority of community have good awareness about the pandemic and social interaction is reduced due to social distancing. Majority of respondents realize the negative impact of Covid-19 on their economy; reduction of office services; and reduced access to market; and absence of strong support from the government. The great severity of Covid-19 impacts is failed on daily laborers. The regression result shows that sales, experience in business, education level in years, employment status of the respondent, number of workers in the business and work hours per week are positively and significantly influencing daily income of business owner before and after the pandemic outbreak. It is advised the stakeholders to give frequent follow-up and support particularly for daily laborers and small business holders to reduce the future socio-economic impacts of Covid-19 pandemic.},
}
%0 Journal Article
%A Ayana, Isubalew Daba
%A Goshu, Firdisa Birru
%A Deressa, Desalegn Eticha
%A Geleta, Melkamu Wolde
%A Ebissa, Tarekegn Tariku
%A Gofe, Tesfaye Eresso
%A Olana, Dugasa Rafisa
%D 2022
%J Universal Journal of Gastroenterology and Hepatology

%@ ISSN Pending
%V 2
%N 1
%P 52-70

%T Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities
%M doi:10.31586/ujfe.2022.502
%U https://www.scipublications.com/journal/index.php/UJFE/article/view/502
TY  - JOUR
AU  - Ayana, Isubalew Daba
AU  - Goshu, Firdisa Birru
AU  - Deressa, Desalegn Eticha
AU  - Geleta, Melkamu Wolde
AU  - Ebissa, Tarekegn Tariku
AU  - Gofe, Tesfaye Eresso
AU  - Olana, Dugasa Rafisa
TI  - Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities
T2  - Universal Journal of Gastroenterology and Hepatology
PY  - 2022
VL  - 2
IS  - 1
SN  - ISSN Pending
SP  - 52
EP  - 70
UR  - https://www.scipublications.com/journal/index.php/UJFE/article/view/502
AB  - This research is conducted with main aim of assessing the economic consequences of Covid-19 pandemic in Western Ethiopia. Primary data is collected through questionnaire and interview from 320 respondents living in three zones of Western Ethiopia. The study areas (zones) are selected purposively from Oromia region; however, the respondents are sampled by employing random sampling technique. The respondents were stratified as community members, daily laborer, business owners, government sector and NGOs employees. Exploratory research design was adopted to achieve the research objectives. Simple descriptive statistics and ordinary least square regression model are used to analyze and interpret the collected data. The study results disclose that majority of community have good awareness about the pandemic and social interaction is reduced due to social distancing. Majority of respondents realize the negative impact of Covid-19 on their economy; reduction of office services; and reduced access to market; and absence of strong support from the government. The great severity of Covid-19 impacts is failed on daily laborers. The regression result shows that sales, experience in business, education level in years, employment status of the respondent, number of workers in the business and work hours per week are positively and significantly influencing daily income of business owner before and after the pandemic outbreak. It is advised the stakeholders to give frequent follow-up and support particularly for daily laborers and small business holders to reduce the future socio-economic impacts of Covid-19 pandemic.
DO  - Economic Consequences of Covid-19 in Western Ethiopia: Challenges and Opportunities
TI  - 10.31586/ujfe.2022.502
ER  -