STOCK PRICE PERFORMANCE OF PHARMACEUTICAL COMPANIES: PRE-VACCINE COVID-19-POST-VACCINE COVID-19

被引:0
作者
Vera Ramirez, Henry Daniel [1 ]
Valencia Serna, Ferly Antonio [1 ]
机构
[1] SENA CSF, Bogota, Colombia
来源
REVISTA DE ESTUDIOS EMPRESARIALES-SEGUNDA EPOCA | 2022年 / 01期
关键词
pharmaceuticals; share price; portfolio; COVID-19; STATA;
D O I
10.17561/ree.n1.2022.6638
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper performs an analysis of the behaviour of the shares of the main pharmaceutical companies that research to obtain vaccines with a high degree of efficacy for COVID-19. A multiple regression econometric model is proposed, which relates stock prices to the impact of vaccine development on stock prices, including a dummy variable -over the time series- in the analysis. The results suggest significant associations between some pharmaceutical companies that developed vaccines in record time in the period analysed and an impact on the sector's earnings performance.
引用
收藏
页码:68 / 93
页数:26
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