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Emerging market dynamics in H1N1 and COVID-19 pandemics
The spread of COVID-19 increased general interest in the effects of pandemics on stock markets. We believe it is interesting to analyze emerging countries due to their role in future economies. The announcement of the H1N1 and COVID-19 pandemics instigated observable effects on the stock market. Our...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier B.V.
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9338172/ https://www.ncbi.nlm.nih.gov/pubmed/35936960 http://dx.doi.org/10.1016/j.econlet.2022.110766 |
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author | Velásquez, Jorge Sepúlveda Griñen, Pablo Tapia Henríquez, Boris Pastén |
author_facet | Velásquez, Jorge Sepúlveda Griñen, Pablo Tapia Henríquez, Boris Pastén |
author_sort | Velásquez, Jorge Sepúlveda |
collection | PubMed |
description | The spread of COVID-19 increased general interest in the effects of pandemics on stock markets. We believe it is interesting to analyze emerging countries due to their role in future economies. The announcement of the H1N1 and COVID-19 pandemics instigated observable effects on the stock market. Our goal is to measure and compare the effects of these announcements, specifically for the BRIC bloc, using the event study method. We find evidence that these stock markets exhibited more negative abnormal returns at the announcement of COVID-19 than at the announcement of H1N1. However, Russia and China seem to cope better with COVID-19, having already experienced H1N1. Due to the possibility of a new pandemic and for the sake of the future participation of emerging countries, it is recommended to deepen this line of research. |
format | Online Article Text |
id | pubmed-9338172 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Elsevier B.V. |
record_format | MEDLINE/PubMed |
spelling | pubmed-93381722022-08-01 Emerging market dynamics in H1N1 and COVID-19 pandemics Velásquez, Jorge Sepúlveda Griñen, Pablo Tapia Henríquez, Boris Pastén Econ Lett Article The spread of COVID-19 increased general interest in the effects of pandemics on stock markets. We believe it is interesting to analyze emerging countries due to their role in future economies. The announcement of the H1N1 and COVID-19 pandemics instigated observable effects on the stock market. Our goal is to measure and compare the effects of these announcements, specifically for the BRIC bloc, using the event study method. We find evidence that these stock markets exhibited more negative abnormal returns at the announcement of COVID-19 than at the announcement of H1N1. However, Russia and China seem to cope better with COVID-19, having already experienced H1N1. Due to the possibility of a new pandemic and for the sake of the future participation of emerging countries, it is recommended to deepen this line of research. Elsevier B.V. 2022-09 2022-07-30 /pmc/articles/PMC9338172/ /pubmed/35936960 http://dx.doi.org/10.1016/j.econlet.2022.110766 Text en © 2022 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active. |
spellingShingle | Article Velásquez, Jorge Sepúlveda Griñen, Pablo Tapia Henríquez, Boris Pastén Emerging market dynamics in H1N1 and COVID-19 pandemics |
title | Emerging market dynamics in H1N1 and COVID-19 pandemics |
title_full | Emerging market dynamics in H1N1 and COVID-19 pandemics |
title_fullStr | Emerging market dynamics in H1N1 and COVID-19 pandemics |
title_full_unstemmed | Emerging market dynamics in H1N1 and COVID-19 pandemics |
title_short | Emerging market dynamics in H1N1 and COVID-19 pandemics |
title_sort | emerging market dynamics in h1n1 and covid-19 pandemics |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9338172/ https://www.ncbi.nlm.nih.gov/pubmed/35936960 http://dx.doi.org/10.1016/j.econlet.2022.110766 |
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