ANALYSIS OF THE EFFECT OF CORONAVIRUS SARS-CoV2 OUTPUT ON DEVELOPED COUNTRY EXCHANGES
ANALYSIS OF THE EFFECT OF CORONAVIRUS SARS-CoV2 OUTPUT ON DEVELOPED COUNTRY EXCHANGES
Author(s): Laman HAGVERDİYEVA, Nurkhodzha AkbulaevSubject(s): National Economy, Economic policy, Comparative politics, Health and medicine and law, Financial Markets
Published by: Sage Yayınları
Keywords: Stock market index; SARS-CoV2; Correlation; regression; COVID-19; G-7;
Summary/Abstract: It emerged in the Wuhan province of China in December 2019 and spread to the world from the beginning of 2020 and continued until the beginning of 2022. This epidemic has adversely affected both the health and social life of people. These negative effects made itself felt significantly on financial markets and macroeconomic indicators. In this research, it is aimed to reveal the effect of SARS-CoV2 on the stock market indices of developed countries by examining it. In other words, the main purpose of the study is to examine the effects of daily cases and daily deaths on stock market indices of 6 developed countries. In the study, the effects of the daily number of SARS-CoV2 cases and deaths on the stock market indices of the USA, England, France, Canada, Japan and Italy, which are developed countries, were analyzed statistically. In the study, daily data between 16.02.2020 and 26.12.2021 were examined. The correlation between the variables included in the analysis and the effect between the variables were determined by regression test.
Journal: TURAN-SAM
- Issue Year: 14/2022
- Issue No: Sp. Issue
- Page Range: 42-54
- Page Count: 13
- Language: English