COVID-19's Impact on Stock Prices Across Different Sectors-An Event Study Based on the Chinese Stock Market

被引:444
作者
He, Pinglin [1 ]
Sun, Yulong [1 ]
Zhang, Ying [1 ]
Li, Tao [1 ]
机构
[1] North China Elect Power Univ, Sch Econ & Management, Beijing 102206, Peoples R China
关键词
COVID-19; industry heterogeneity; event study; stock price; VOLATILITY; RETURNS;
D O I
10.1080/1540496X.2020.1785865
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this article, we use an event study approach to empirically study the market performance and response trends of Chinese industries to the COVID-19 pandemic. The study found that transportation, mining, electricity & heating, and environment industries have been adversely impacted by the pandemic. However, manufacturing, information technology, education and health-care industries have been resilient to the pandemic.
引用
收藏
页码:2198 / 2212
页数:15
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