How does Covid-19 affect global equity markets?

作     者：Eddie C.M.Hui Ka Kwan Kevin Chan 

作者机构：ZN744Department of Building and Real EstateThe Hong Kong Polytechnic UniversityHung HomHong KongChina 

出 版 物：《Financial Innovation》 (金融创新（英文）)

年 卷 期：2022年第8卷第1期

页      面：624-642页

核心收录：

学科分类：1202[管理学-工商管理] 1004[医学-公共卫生与预防医学(可授医学、理学学位)] 100401[医学-流行病与卫生统计学] 0701[理学-数学] 10[医学] 

主　　题：Covid-19 Confirmed cases Panel regression Equity index 

摘      要：This study applies OLS,panel regression and Granger causality test to investigate the impact of the Coronavirus disease 2019(Covid-19)outbreak on the global equity markets during the early stage of the *** find that the Covid-19 outbreak has a significant negative impact on the overall equity index return of the eight economies even at 0.1%significance ***,the pandemic has a more significant impact on the European countries than on the East Asian *** results have three main ***,policy makers should react fast to mitigate the impact of a ***,investors should be aware of an outbreak of disease or other risks and adjust their investments ***,the Covid-19 outbreak results in a shift of power from the west to the east.