This fresh examination was a thought-provoking area that was required to be undertaken and to fill this gap, the researchers have examined the impact of Covid-19 and health expenditure on the global supply chain by utilizing balanced panel data for the period from January 2020 to June 2020. This study utilized a random effect, fixed effect, GMM, and FGLS approach. The outcomes of COVID-19 demonstrate a significant negative influence as per the FGLS model, whereas the health expenditure demonstrates a significant negative effect on the global supply chain under both the dynamic models i.e. GMM and FGLS. As far as manufacturing value-added is concerned it indicates a positive and significant influence on the global supply chain according to the FGLS model whereas, last but not least the logistics performance index has a significant positive effect on the global supply chain according to the results of GMM and FGLS models respectively. The global supply chain is the lifeline for the global economy; thus, it is suggested that under COVID-19 pandemic situation policymakers need to react quickly and take suitable policy actions to deal with this unprecedented pandemic driven economic crises and further the cross-border trading activities should not be stopped, rather governments should formulate smart lockdown strategies.

这项新鲜的检查是需要进行思考的发人深省的领域，并且需要填补这一空白，研究人员通过利用2020年1月以来的均衡面板数据，研究了Covid-19和卫生支出对全球供应链的影响。至2020年6月。本研究采用随机效应，固定效应，GMM和FGLS方法。根据FGLS模型，COVID-19的结果显示出显着的负面影响，而在GMM和FGLS这两种动态模型下，卫生支出显示出对全球供应链的显着负面影响。就制造业增加值而言，根据FGLS模型，它对全球供应链产生了积极而重大的影响，而 最后但同样重要的是，根据GMM和FGLS模型的结果，物流绩效指数对全球供应链具有显着的积极影响。全球供应链是全球经济的生命线。因此，建议在COVID-19大流行情况下，决策者需要迅速做出反应并采取适当的政策措施来应对这种前所未有的大流行驱动的经济危机，而且不应停止跨境贸易活动，而应由政府制定明智的封锁措施策略。