Analysis for the Impact of the COVID - 19 to the Petrol Price in China

N. Sansa
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引用次数: 20

Abstract

Recent literature evidence shows that the Oil Price trends in China is declining since the outbreak of the COVID - 19. This study is aiming to investigate the impact of the COVID - 19 Confirmed cases to the petrol price from the period dated 20 January 2020 to 23 February 2020 in China. With that regard the present study used the Simple regression linear model to evaluate the impact of the COVID - 19 Confirmed cases to the Petrol price during the period from dated 20 January to 23 February 2020 in China. Time series data from Global Petrol Prices and China daily Statistics from the period dated 20 January to 23 February 2020 for China were used to evaluate the impact of the COVID - 19 Confirmed cases to the Petrol price in China. To investigate the impact of the COVID -19 Confirmed cases to the Petrol prices in China the study assumes the COVID -19 Confirmed cases to be the independent variable while the petrol price to be an dependent variable of the study. The findings of the study were in actual fact catching up the attention. The study findings revealed that there is a negative and insignificant impact of the COVID - 19 Confirmed cases to the petrol prices from the period dated 20 January 2020 to 23 February 2020 in China.
新冠肺炎疫情对中国汽油价格的影响分析
最近的文献证据表明,自新冠肺炎疫情爆发以来,中国的油价趋势呈下降趋势。本研究旨在调查2020年1月20日至2020年2月23日期间中国COVID - 19确诊病例对汽油价格的影响。为此,本研究使用简单回归线性模型评估了2020年1月20日至2月23日期间中国COVID - 19确诊病例对汽油价格的影响。使用2020年1月20日至2月23日期间中国全球汽油价格和中国每日统计数据的时间序列数据来评估COVID - 19确诊病例对中国汽油价格的影响。为了调查COVID -19确诊病例对中国汽油价格的影响,该研究假设COVID -19确诊病例为自变量,而汽油价格为研究的因变量。事实上,这项研究的发现引起了人们的注意。研究结果显示,2020年1月20日至2020年2月23日期间,COVID - 19确诊病例对中国汽油价格的负面影响微不足道。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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