Natural resources volatility and causal associations for BRICS countries: Evidence from Covid-19 data.

Natural resource price volatility has been a major concern in recent time, especially during the COVID 19 period. Although several empirical research have looked into the oil and natural resources prices nexus with economic growth, but, our study makes a significant contribution to the present literature by estimating the long run natural resource price volatility influence on economic growth as well as the causal associations between volatility of the prices of natural resources and economic growth for BRICS economies over 1995-2020 period. To conduct empirical estimation, the study has used new and advanced (CUP-FM) continuously updated fully modified and continuously updated bias-corrected (CUP-BC) estimators for long term influences of the natural resources prices and (Dumitrescu and Hurlin, 2012) heterogeneous test for panel causality for the estimation of the causal relationship between the variables.

The Effect of COVID-19 Pandemic on Service Sector Sustainability and Growth.

Coronavirus disease (COVID-19) is having an unprecedented and unpredictable impact on the world's economy. The pandemic has driven the world toward adapting to the current circumstances regardless of the business, sector, or industry. The coronavirus epidemic (COVID19) has affected the global economy and service sector.