The Impact of COVID-19 Pandemic on Business Activities and Lifestyle: Evidence from Egypt

Document Type

Article

Publication Date

Spring 3-5-2021

Abstract

The study investigates the impact of the Covid-19 pandemic on business activities and lifestyle in Egypt. The study used daily and monthly average data from 15 February 2020 to 19 January 2021. The study found the correlation between workplaces mobility rate and residential mobility (staying at home) rate during the Covid-19 pandemic in Egypt; 77.1% of residential mobility (staying at home) reasons back to workplaces mobility rates. on another side;the difference between aspects of lifestyle (retail-recreation; grocery pharmacy; Parks; transit stations; Workplaces; Residential) at the National Level; and the difference of workplaces mobility rates between Egyptian governorates;both are significant at 1%.Finally; some business activity types have an impact on workplaces mobility rates underCovid-19, these business activities related to manufacturing and foreign tourism are significant at 1%. On the otherhand, the study didn't find this impact on Agriculture, Fishing, Domestic Tourism, and Mining. There is still a need formore future studies for both business activities and lifestyle,especially within the secondwaveofCovid-19.

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