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1.
Tourism Economics ; 29(4):986-1004, 2023.
Article in English | CAB Abstracts | ID: covidwho-20241154

ABSTRACT

This is the first study to examine the differential impact of Croatian and European economic policy uncertainty indices while controlling for the real effective exchange rate and industrial production on international tourist arrivals for the seven coastal counties of Croatia and the country as a whole. The Toda-Yamamoto long-run causality modeling approach with a Fourier approximation is employed to capture structural shifts. This approach is particularly useful in light of the disruption from the COVID-19 pandemic on the tourism sector. The results show unidirectional causality from both Croatian and European economic policy uncertainty indices to international tourist arrivals with the impact of the economic policy uncertainty indices negative and statistically significant across the respective coastal counties. Moreover, the findings show that European economic policy uncertainty exhibits a greater adverse impact on international tourist arrivals relative to Croatian economic policy uncertainty.

2.
IFPRI - Discussion Papers 2023 (2178):52 pp many ref ; 2023.
Article in English | CAB Abstracts | ID: covidwho-20239525

ABSTRACT

Irrigation is increasingly being called upon to help stabilize and grow food and water security in the face of multiple crises;these crises include climate change, but also recent global food and energy price crises, including the 2007/08 food and energy price crises, and the more recent crises triggered by the COVID-19 pandemic and the war on Ukraine. While irrigation development used to focus on public, large-scale, surface- and reservoir-fed systems, over the last several decades, private small-scale investments in groundwater irrigation have grown in importance and are expected to see rapid future growth, particularly in connection with solar-powered pumping systems. But is irrigation 'fit-for-purpose' to support population growth, economic development, and multiple food, energy and climate crises? This paper reviews how fit-for-purpose irrigation is with a focus on economies of scale of surface and groundwater systems, and a particular examination of systems in Sub-Saharan Africa where the need for expansion is largest. The review finds challenges for both larger surface and smaller groundwater systems in the face of growing demand for irrigated agriculture and dwindling and less reliable water supplies. To support resilience of the sector, we propose both a holistic design and management improvement agenda for larger surface systems, and a series of suggestions to improve sustainability concerns of groundwater systems.

3.
Magyar Allatorvosok Lapja ; 145(4):211-221, 2023.
Article in Hungarian | CAB Abstracts | ID: covidwho-20238078

ABSTRACT

Background: In the past few decades the animal keeping culture and habits have changed a lot internationally, some animals have become family members. The COVID-19 pandemic has created an unprecedented situation in the world, including Hungary. In many places, the quarantine period was associated with Isolation and, therefore, an increase in the number of companion animals. Objectives: Our aims were to (1) survey the animal keeping culture and habits, (2) examine the motivation of the owners and (3) explore the attitudes about adoption, neutering, breeding and the use of livestock animals in Hungary. Materials and Methods: Specialized surveys were conducted among 843 persons through social media and personal interviews from 20 June to 30 August 2021 by using a questionnaire including 16 questions. The chosen groups were compared with Fisher's Exact test and Chi-square test. Results and Discussion: 97.0% of the respondents regard their dog as a family member. Nearly 25% of the respondents do not wish to neuter their dogs, because they want to breed the dogs or they find it unnecessary. The primary reason for cat keepers not to neuter their pet is the financial issue. Animal keepers and women are significantly more likely to consider their animal as a family member (p < 0.001). Men, the elderly, people who live in the countryside and those who have only elementary education think that neutering is of less importance (p < 0.001). Non-animal keepers, elderly people and men think more negatively about adoption. Buying an animal from a breeder is more important to the younger age groups (p < 0.001) arid those who live in Budapest (p < 0.01). 42.3% of the respondents gave the lowest evaluation scores to the assessment of the livestock units. Women, people from younger age groups (p < 0.05) and those who have higher education (p < 0.001) think more negatively about the use of farm animals. Non-animal keepers, the elderly and people of lower education consider the livestock animals' emotional intelligence lower (p < 0.05). Men (p < 0.001), people over 65 years of age (p < 0.001) and of lower education (p < 0:01), and also non-animal keepers (p < 0.001) accept significantly easier the use of livestock animals.

4.
Guncel Turizm Arastirmalari Dergisi ; 7(1):149-171, 2023.
Article in Turkish | CAB Abstracts | ID: covidwho-20237650

ABSTRACT

The main purpose of this research is to analyze the using of bank loans provided by the banking sector in accommodation companies traded in Borsa Istanbul in terms of type, maturity and cost. The study also examined the impact of the Covid-19 outbreak on the accommodation companies' use of bank loans. In this context, the level of bank loan usage, the type of bank loans, interest rates, maturity and their distribution in currency between the years 2009 and 2021 were tried to be determined by ratio and document analysis. As a result of the analysis, it was determined that 10,84% of the assets in accommodation companies are financed by bank loans, the use of bank loans in total liabilities is 19.92% and short-term bank loans are preferred. It was also detected that accommodation companies mainly benefit from business loans, daily spot loans, revolving loans, current account loans, foreign exchange earning loans, vehicle loans and investment loans in Turkish Lira, Dollar, Euro and Sterling with interest rates varying every year. However, compared to the pre-Covid-19 outbreak period, it was observed that the level of bank loans used by accommodation companies first decreased, but then increased again.

5.
International Journal of Sports Science and Coaching ; 18(3):889-901, 2023.
Article in English | CAB Abstracts | ID: covidwho-20234450

ABSTRACT

The purpose of this study was to contribute to the understanding of innovation and crowdfunding of International Olympic Sport Federations (IFs), which are the world governing bodies of their respective sports. Three research questions were addressed: the perceptions of the IFs on the implementation of their innovation programmes during the last four years (2016-2020), the impact of COVID-19 on the IFs capability to innovate, and the crowdfunding strategies of the IFs. A mixed method combining qualitative and quantitative approaches was used. An online semi-structured questionnaire which included an open answer section was completed by IFs executives (n = 22) and an analysis of the information provided by IFs through various content sources was conducted. Results showed that IFs with less funding had a significantly more innovative approach that their counterparts, that the perception of the impact of COVID-19 on the innovative capability was not unanimous, that they identified sport-specific programmes as the most innovative of all initiatives delivered during the pandemic, and that crowdfunding projects were implemented in their sport but mostly at individual and local levels. From a research perspective, since this is the first study that investigates the innovation and crowdfunding strategies of IFs, future directions include the need for further research with national and regional federations on these topics. Practical implications are suggested for IFs to deliver innovative programmes to satisfy their stakeholder needs and to consider new funding methods such as crowdfunding as part of their strategies.

6.
Ottoman: Journal of Tourism and Management Research ; 8(1):1112-1124, 2023.
Article in English | CAB Abstracts | ID: covidwho-20234210

ABSTRACT

One of the most important sectors of tourism globally is cruise tourism, as is giving a leisure experience to cruisers who are traveling across different destinations. It is also one of the most growing sectors in the tourism industry as is becoming increasingly popular. In this review study, conducted employing thematic analysis and thematic synthesis, the authors aim to approach the COVID-19 crisis era financial investments of dominant cruise companies as a component of global economic growth. Nowadays, the cruise industry operates big cruise ships as is contrary to the cruise industry back in 1960s. This study finds that the biggest cruise companies line up investment plans to renew their cruise fleet with larger, more modern, and environmentally friendly ships, borrowing from favorable financing sources. In other words, the companies are trying to introduce specific strategies to maintain their business growth, by investing in building new vessels with the target of expanding their current fleet with cruise ships with better capacity.

7.
Revista Brasileira de Ecoturismo ; 16(2):218-229, 2023.
Article in Portuguese | CAB Abstracts | ID: covidwho-20232855

ABSTRACT

Tourists' preference for ecological attractions was boosted in the post-Covid-19 period and reinforced the importance of ecotourism around the world, with the appreciation of domestic trips to destinations marketed as sustainable. Therefore, the general objective of this article is to reflect on potentialities and challenges for ecotourism in the municipality of Rancharia (SP, Brazil). It should be noted that Rancharia is part of the "Sol do Oeste" and "Oeste Rios" Circuits, so there is a regional articulation focused on a tourism policy. The research methodology consisted of a theoretical review on the topic of ecotourism, tourism planning and tourism sustainability, highlighting study concepts and perspectives. Documents provided by the municipal government were consulted, such as the Master Plan, the Master Plan for Tourism Development and the Urbanistic and Environmental Master Plan. To complement the analyses, an interview was conducted with the Director of the Municipal Department of Tourism, the main activity management sector on a local scale. The results show that Rancharia has the potential to perpetuate ecotourism practices, especially when it is verified the presence of expressive natural resources in its territory and the title of Municipality of Tourist Interest (MIT) conquered in 2007, when it started to receive funds for investments in infrastructure tourism, as well as resources from the Improvement Fund for Tourist Municipalities to benefit the activity. On the other hand, the challenges are related to the opening of private properties to public visitation, as they have natural attractions that already motivate flows of people, however, they also lack investments in infrastructure for access and permanence of visitors. Likewise, it is necessary to sensitize the community to the value of ecotourism as an alternative to socioeconomic development. From this, it would be possible to structure an ecotourism itinerary with an emphasis on practices and leisure activities in contact with nature, attracting more tourist flows to the municipality.

8.
Tourism and Hospitality ; 4(1):187-201, 2023.
Article in English | CAB Abstracts | ID: covidwho-2324893

ABSTRACT

Event venues represent a focal point for infectious disease transmission among attendees and event stakeholders, creating lasting uncertainty within the industry post-COVID-19. There is now a need to investigate emerging venue considerations for the event industry as a result of the COVID-19 pandemic. Using Ireland as a case, a quantitative questionnaire was used on a sample of event managers. Event venue monitoring for COVID-19 is lacking, while risk mitigation procedures focus more on attendees already at the venue rather than avoiding infected persons entering the venue. Risk assessments now comprise COVID-19 risk;however, a lack of resources means regular health and safety has shown signs of weakening. Government and local authority resources and financial support are required. Pre-venue procedures of symptom screening and proof of vaccination, combined with venue procedures for disinfection of venue spaces, table service, and appropriate ventilation have proven to be effective COVID-19 risk mitigation procedures. Additionally, ICT (information and communications technology) could disseminate up-to-date health guidelines through customer-centric digital environments representing enhanced information sharing to avoid uncertainty and support pro-social intentions of event attendees and compliance with event venue COVID-19 risk mitigation procedures.

9.
Indian Journal of Agricultural Economics ; 78(1):92-107, 2023.
Article in English | CAB Abstracts | ID: covidwho-2319607

ABSTRACT

The study explores the effect of recent economic shocks due to policy changes and the COVID-19 pandemic on rural employment in India. The study uses three cases;(i) demonetization, (ii) Goods and Service Tax (GST) implementation, and the recent (iii) COVID-19 pandemic to explore the resilience of employment in the rural regions of India. The study used state-level data estimates on rural employment in India provided by CMIE, employment data from NSSO, and migration data from the population census. A modified version of interrupted time series analysis within the beta regression framework was used to quantify the effect of shocks. The study shows that the rural unemployment rates increased after economic shocks as per expectations. The effects were smaller in the case of demonetization but were significantly higher in the case of GST. Early trends suggest a significant short-term effect due to COVID-19-induced shock on unemployment. The study shows that the urban sector is more resilient than the rural sector. The study highlights the need for employment guarantee programmes and direct assistance during the shocks to increase the resilience of the rural economy.

10.
Turkish Journal of Sport and Exercise ; 25(1):147-157, 2023.
Article in English | CAB Abstracts | ID: covidwho-2318823

ABSTRACT

Today, when sports have become a very important sector for the economy, football, which is one of the favorite elements of the sports sector, has a very large financial position among other sports branches. Many different organizations such as UEFA also contributed to this position. In this study, the effect of the Covid-19 epidemic, which was declared a pandemic by the World Health Organization on March 11, 2020, on football clubs was analyzed through the financial statements of football clubs. In the research, the ratio analysis method was applied through the financial statements of the three football clubs in the category of UEFA champions league leaders as of 5 May 2021 and the football companies traded in the BIST for the periods 2017, 2018, 2019, 2020, and 2021. As a result, it has been revealed that all clubs were affected negatively compared to the pre-pandemic period, but the three clubs, which are UEFA leaders, were less affected by the negative effects of the pandemic due to their strong financial resources and sporting successes. In the evaluation of the research, it has been revealed that Besiktas is the club with the best debt-paying power among the clubs in Turkey. It was evaluated that the net working capital of the other three clubs was negative. It is understood that the three clubs, which are the ranking leaders in 2021, have strong financial positions that do not differ much from each other. It is another result that the solvency and resource structures of Turkish football clubs and UEFA ranking leaders are far from each other. This situation is generally;It can be attributed to sportive success, the difference in the income balance and the increase in the exchange rate in our country.

11.
Choices The Magazine of Food, Farm, and Resources Issues ; 37(3), 2022.
Article in English | CAB Abstracts | ID: covidwho-2316991

ABSTRACT

This special issue presents six papers resulting from a two-conference series about closing the digital divide, especially for rural areas. The issue explores how to apply the best information and processes to guide effective investments of limited resources to expand broadband access in the USA. The papers specifically deal with: the need for better data to inform broadband policy decisions and targeted funding;the contribution of integrating research and extension in improving community participation in broadband projects;policy approaches for rural broadband provision;the influence of COVID-19 on telecommuting;and federal funding challenges for rural broadband.

12.
Zeszyty Naukowe Szkoly Glownej Gospodarstwa Wiejskiego w Warszawie Problemy Rolnictwa Swiatowego ; 22(4):26-34, 2022.
Article in English | CAB Abstracts | ID: covidwho-2316191

ABSTRACT

The aim of the article is to present the financial condition of selected dairy cooperatives using ratio analysis and selected discriminant models. The main objective of the paper is to assess the overall financial condition of dairy cooperatives during the COVID-19 pandemic (2020-2021) and earlier years (2017-2019). The author focused, on the one hand, on the assessment of the financial condition of a selected group and, on the other hand, on the link between the financial situation of selected dairy cooperatives and state aid during the changing economic reality caused by the SARS CoV-2 virus. The financial analysis for dairy cooperatives also reveals a broader comparative context in the time span before and during the COVID-19 pandemic. The research shows that the analysed dairy cooperatives, with the exception of OSM Jasienica Rosielna, did not have a negative financial results.

13.
Tourism ; 71(1):162-177, 2023.
Article in English | CAB Abstracts | ID: covidwho-2304082

ABSTRACT

This paper examines the role of tourism in foreign direct investment-growth relations in upper-middle-income countries. We deploy static and dynamic panel analysis to evaluate how tourism indicators influence the impact of FDI net inflows on growth using unbalanced panel data on 29 upper-middle-income countries from 2010 to 2019. The tourism indicators are receipts, arrivals, and expenditures. The results from static and dynamic analyses indicate that for the most part (1) FDI and tourism exert asymmetric effects on growth, (2) tourism indicators reduce the negative effect of FDI on growth, (4) trade openness is a positive and significant predictor of growth, and (5) domestic credit negatively contributes to growth. Deductively, results evidence that tourism indicators are critical drivers of economic growth in upper-middle-income countries. Overall, tourism receipts show the largest influence on FDI to spur the most appreciable impact on growth. Despite this, the fact that tourism indicators cannot eliminate the destructive impact of FDI on economic growth shows that tourism development policies should be based on a greener and more sustainable ground, taking into account the effects of the coronavirus.

14.
Alanya Academic Review ; 7(1):169-186, 2023.
Article in Turkish | CAB Abstracts | ID: covidwho-2301117

ABSTRACT

In this study, the effect of the Covid-19 pandemic on the financial performance and financial failure risk of the travel agency and tour operator activities sector in Turkey was examined. For this purpose, the financial performance of the sector and the risk of financial failure were analyzed using data from the real sector statistics of the Central Bank of the Republic of Turkey on the subs-sector of Travel Agencies and Tour Operators Activities for the years 2018, 2019 and 2020. While examining the financial performance of the sector by calculating liquidity ratios, asset utilization ratios, financial structure ratios and profitability ratios;financial failure risk was analyzed using Altman Z Score, Altman Z' Score, Fulmer H Score, Springate Score and Ohlson Score models. In the study, it was revealed that during the Covid-19 pandemic, the travel agency and tour operator activities sector experienced cash shortages, credit debts increased and, accordingly, its financial costs increased and losses were experienced. At the same time, it has been determined that the sector is exposed to the risk of financial failure during the Covid-19 pandemic.

15.
Sustainability ; 15(2), 2023.
Article in English | CAB Abstracts | ID: covidwho-2276669

ABSTRACT

Based on a case study in each country, this study documents the views of Mozambican and Tanzanian smallholders regarding Chinese agricultural investments and the extent to which investors abide by their legitimate land tenure rights as defined by the Voluntary Guidelines for the Responsible Governance of Tenure of Land, Forests and Fisheries in the Context of National Food Security (VGGTs). The VGGTs offer guidelines to government on how to protect the land tenure of rural communities when land is being acquired for large-scale land investments. The study also assessed the impact of the COVID-19 pandemic on smallholders. Due to COVID-19, instead of fieldwork, we conducted telephone interviews with 20 smallholders in Mozambique and 35 in Tanzania. The Mozambican case showed that even when land set aside for investors was not in dispute, smallholders still had unmet expectations, especially regarding investors' corporate social responsibility activities. In the Tanzanian case, even though the land leased by the Chinese investor had been designated as general land, it had laid fallow for a long period, and smallholders had moved back onto the land, only to be displaced in 2017. Although smallholders' views on the investment were mixed, the case underscored the need for government to assess current land use before allocating it to investors - regardless of how the land is classified and especially in areas where land shortages are creating conflict. The cases show that even if communities are consulted about proposed land investments, guidelines need to include clauses that allow for ongoing communications between investors, communities and government officials such that if communities are unsatisfied with the results of the investment, renegotiation is possible. Further, in the event of crises, such as COVID-19, investors should partner with communities and government to limit the extent of harm in communities as a result of the crisis.

16.
International Journal of Agricultural Extension ; 10(3):431-447, 2022.
Article in English | CAB Abstracts | ID: covidwho-2274998

ABSTRACT

This study analyzed the effects of the COVID-19 pandemic on household income and the determinants of coping strategies in Nigeria, using the combination of the COVID-19 National Longitudinal Phone Survey data and the fourth wave of the General Household Survey, Panel 2018-2019. The fourth wave of General Household Survey, Panel 2018-2019 data is part of the World Bank's Living Standards Measurement Study-Integrated Surveys on Agriculture (LSMS-ISA) and the National Bureau of Statistics of Nigeria collected the data in collaboration with the World Bank and funded by the Federal Government of Nigeria and the Bill and Melinda Gates Foundation. The COVID-19 National Longitudinal Phone Survey 2020, Baseline was implemented by the National Bureau of Statistics in collaboration with the World Bank. The analyses were based on multinomial logistic and multivariate probit models. Multinomial logit regression analysis shows that households that consider the pandemic a substantial threat and households with older heads were more likely to have decreased income while households that received transfer income and self-employed were more likely to have increased income. Several household characteristics exhibited different levels of influence on the choice of coping strategies during the lockdown. Therefore, policy options and support facilities should be developed to foster meaningful (wage/self) employment and coping strategies to achieve optimal results in response to the pandemic.

17.
Journal of Development and Agricultural Economics ; 14(4):117-132, 2022.
Article in English | CAB Abstracts | ID: covidwho-2274928

ABSTRACT

Coronavirus is a novel virus that hit the world starting from developed countries to under-developed countries. Ghana is amongst the countries in Africa that observed some level of confinement by their government leading to the shutdown of various institutions including schools. The resulting impact of the policy saw students being more vulnerable to food insecurity and related issues. This paper examines the effect of Coronavirus on students' food insecurity status at the University of Cape Coast. The research design adopted for this study was the cross-sectional survey design with the University of Cape Coast, Ghana being the study area. A total of 291 students were randomly selected to participate in the study. Structured questionnaire was used for data collection. The findings of the study show that socioeconomic characteristics of students and food insecurity status showed no association. Students rated the extent of the effect of the pandemic as moderate and the major area of academic life affected was the change in the academic calendar. Class attendance was the most perceived effect of the pandemic. Students also reported that they were rarely food insecure. The study further found out that the best predictors of students' food insecurity were age, current level, insurance and employment status. The major challenge faced by students during Coronavirus was difficulties in their academics. This led students to adopt mitigation strategies such as online studies, paying heel to Coronavirus protocols, and self-support to mitigate the pandemic's impact. The study concluded that the academic activities of students of the University of Cape Coast were affected moderately by the pandemic and therefore recommends that the University of Cape Coast should improve its information and communication technology infrastructure to make online classes easier and the school should increase funding opportunity to less privilege students.

18.
REACH Working Paper 2021 (12):68 pp 25 ref ; 2021.
Article in English | CAB Abstracts | ID: covidwho-2274246

ABSTRACT

The climate crisis and global pandemic have accelerated the urgency of providing safe drinking water services around the world. Global progress to safe drinking water is off-track with uncertain and limited data on the extent and performance of rural water service providers to inform policy and investment decisions. This report documents a global diagnostic survey to evaluate the status and prospects of rural water service providers from 68 countries. The service providers describe providing drinking water services to a population of around 15 million people through over 3 million waterpoints. The data provides information on the scale and sustainability of rural water services to examine: . The extent and type of professional water service provision in rural areas globally;. Self-reported metrics of operational and financial performance;and, . The size and scope of current rural service providers that could transition to resultsbased funding. Five major findings emerge. First, most service providers aim to repair broken infrastructure in three days or less. Second, almost all service providers reported at least one type of water safety activity. Third, most service providers collect payments for water services. Fourth, about one third of service providers reported major negative shocks to their operations from the COVID-19 pandemic. Fifth, non-governmental service providers in low income countries less often report receiving subsidies for operations, and more often report paying part of user fees to government, including through taxes. Most rural water service providers are working towards provision of affordable, safe and reliable drinking water services. Key barriers to progress include sustainable funding and delivery of services at scale. We propose four conditions to promote scale and sustainability based on policy alignment, public finance, professional service delivery, and verifiable data. To illustrate these conditions, we consider the differing context and service delivery approaches in the Central African Republic and Bangladesh. We conclude by identifying a group of 77 service providers delivering water services for about 5 million people in 28 countries. These 77 service providers report operational metrics consistent with a results-based contracting approach. Technical assistance might support many more to progress. We argue that government support and investment is needed to rapidly progress to the scale of 100 million people to provide evidence of pathways to universal drinking water services for billions more.

19.
Analele Universitatii din Craiova Biologie, Horticultura, Tehnologia Prelucrarii Produselor Agricole, Ingineria Mediului ; 27:269-278, 2022.
Article in English | CAB Abstracts | ID: covidwho-2274179

ABSTRACT

Agriculture sector in the Republic of Moldova is the main and strategic brunch for the national economy. During the 2020-2022 years, we studied the factors influencing the development of enterprises in the horticulture sector in the Republic of Moldova. The research was carried out within the project: "Impact of macromedia and geographical factors on bankruptcy and business performance of economic entities in the agri-food sector in the Republic of Moldova", project code 20.80009.0807.26, according to contract with NARD. The study was conducted by interviewing approx. 1000 companies from agri-food (vegetal, animal, postharvest, processing, HORECA sectors etc.), inclusive approx. 800 enterprises from Horticulture brunch. As a result of the study it was established: economic factors / risks obtained an average rating of 3,94 points on the scale of 5 pt.;technical and technological factors / risks obtained an average rating of 4.1 points on the scale of 5 pt.;ecological factors / risks obtained an average rating of 4,06 points on the scale of 5 pt.;legislative-legal factors / risks obtained an average rating of 4,05 points on the scale of 5 pt.;information factors / risks obtained an average rating of 4,02 points on the scale of 5 pt.;moral factors / risks obtained an average rating of 4.04 points on the scale of 5 pt., qualification of staff factor / risk obtained an average rating of 4.08 points on the scale of 5 pt. and other factors, such as the COVID-19 pandemic, the war in Ukraine, etc.

20.
Agricultural Economics & Development ; 36(4):353-361, 2023.
Article in English | CAB Abstracts | ID: covidwho-2272611

ABSTRACT

In addition to imposing a negative impact on public health, Covid-19 has made the world face a huge financial-economic crisis. The worldwide spread of the coronavirus has also affected the volume of transactions and the value of stocks. Since the food market is more affected under crisis conditions, this relationship has been investigated in the stock exchange in the present study. In order to investigate the effect of Covid-19 patients on the stock index value of food industry companies as well as the relationship between risk and stock index value, the official daily data of the Ministry of Health and Medical Education and the Financial Information Processing Center of Iran were collected from March 3, 2021 when the first report was announced, to June 2, 2021. Mean Conditional heteroscedasticity variance regression models were used in the current study. The statistical model specification tests showed that, first, the assumption of heteroscedasticity was rejected and the need to use heteroscedasticity models was proved. Secondly, the asymmetry assumption was accepted. Model estimation results showed a relationship between the numbers of Covid-19 patients with the stock value of the food industry that was an increase in the number of infected people causes a decrease in the stock value of the food industry. Therefore, like other economic sectors, the capital market was affected by the Covid-19 crisis, and increasing exchange rate as a competing market had a negative effect on the stock price index. Considering the relationship between risk and stock value of food industries, as expected, there was also an inverse and significant relationship between risk and stock value of food industry companies. In other words, an increase in risk leads to a decrease in the stock price of food industries.

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