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Bibliometric Analysis of Financial and Economic Implications during the COVID-19 Pandemic Crisis

In plain language

This bibliometric study examines the global academic literature on the financial and economic effects of the COVID-19 pandemic published between 2020 and 2024. Using data from 1257 papers indexed in the SCOPUS database and analysed with VOSviewer software, the investigation maps research trends across economics, finance, business, and management. Co-occurrence network analysis revealed primary thematic clusters, including economic and financial analysis, social and corporate responsibility, regional studies, and economic policy responses. The findings document an annual publication decline of 62.94 percent alongside an average citation rate of 20.13 citations per document. Extensive international collaboration networks and co-authorships characterise the literature, which provides an evidence base to support future research, strategic financial decision-making, and crisis management frameworks.

Key takeaways

  • A bibliometric review mapped 1257 academic articles published between 2020 and 2024 on the economic and financial impacts of COVID-19.
  • Academic publishing on this topic experienced an annual decline of 62.94 percent, while maintaining an average of 20.13 citations per document.
  • Research clustered into core themes including policy responses, corporate responsibility, financial analysis, and regional impact studies.
  • The literature demonstrates high levels of global collaboration networks and co-authorship.

Why it matters

Understanding how researchers globally documented the economic fallout of COVID-19 helps organisations track the evolution of crisis management literature. Mapping these publications provides policymakers and financial planners with structured insight into existing evidence, thematic priorities, and research gaps across business, finance, and economics.

Commercialisation angle

The abstract does not indicate an application pathway or a direct commercialisation route, as it is a bibliometric literature review rather than an applied technological or commercial intervention.

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Abstract

A bibliometric study was performed to explore the financial and economic implications of the COVID-19 pandemic. The SCOPUS database was sourced, and VOSviewer version 1.6.20 was used to generate visualizations. Articles published between 2020 and 2024 were targeted, resulting in 1257 papers used in the analysis. The comprehensive bibliometric analysis conducted in this paper was guided by the keywords “COVID-19”, “pandemic”, “financial crisis”, “financial impact”, and “economic impact”, which revealed critical insights that contribute to the body of knowledge on the financial and economic implications of the COVID-19 pandemic. The outputs belong to topical areas of economics, finance, business, and management. Keyword mapping and clustering methods were employed to analyze links between the financial crisis, economic impact, and COVID-19 themes. A co-occurrence network analysis identified key thematic clusters, including economic and financial analysis; COVID-19 research and impact; social, environmental, and corporate responsibility; regional studies and disease-related research; and economic challenges and policy responses. This study reveals an annual publication decline of 62.94% and an average citation rate of 20.13 per document. The findings suggest an abundance of global collaboration networks and authorships. This study contributes to a better understanding of the multifaceted financial and economic impact of the pandemic from a bibliometric perspective, offering a foundation for future research and the application of financial strategies and effective crisis management.

Research topics

  • COVID-19 Pandemic Impacts
  • Business and Economic Development
  • Banking, Crisis Management, COVID-19 Impact

Read the original research

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DOI: 10.3390/su16072897

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