{"title":"新冠肺炎疫情对金融市场的影响:来自中国和美国的证据","authors":"N. Sansa","doi":"10.2139/ssrn.3562530","DOIUrl":null,"url":null,"abstract":"Globally, the COVID - 19 shock is severe even compared to the Great Financial Crisis in 2007–08. However, the impact of the COVID - 19 on the financial markets has never been researched. The present study is undertaken to investigate the impact of the COVID - 19 on the Financial Markets from the period dated 1st March 2020 to 25th March 2020 in China and the USA. The study applied a Simple regression model to investigate the impact of the COVID - 19 on the Financial Markets during the period from dated 1st March 2020 to 25th March 2020 in China and the USA. Time series data from China COVID - 19 Statistics Reports and Trading Economics from 1st March 2020 to 25th March 2020 for China and the USA were employed by the study. The study used the Shanghai Stock Exchange as a sample for China and the New York Dow Jones as a sample for the USA. In the process of investigating the impact of the COVID - 19 on the financial markets the study assumes the COVID - 19 Confirmed cases to be the independent variable while Shanghai Stock Exchange and New York Dow Jones to be dependent variables of the study in China and USA. The study findings were in actual fact very interesting. The study findings revealed that there is a positive significant relationship between the COVID - 19 confirmed cases and all the financial markets (Shanghai stock exchange and New York Dow Jones) from 1st March 2020 to 25th March 2020 in China and the USA. That means the COVID - 19 had a significant impact on the financial markets from 1st March 2020 to 25th March 2020 in China and the USA.","PeriodicalId":162127,"journal":{"name":"HEN: Asia (Topic)","volume":"72 6 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"202","resultStr":"{\"title\":\"The Impact of the COVID-19 on the Financial Markets: Evidence from China and USA\",\"authors\":\"N. Sansa\",\"doi\":\"10.2139/ssrn.3562530\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Globally, the COVID - 19 shock is severe even compared to the Great Financial Crisis in 2007–08. However, the impact of the COVID - 19 on the financial markets has never been researched. The present study is undertaken to investigate the impact of the COVID - 19 on the Financial Markets from the period dated 1st March 2020 to 25th March 2020 in China and the USA. The study applied a Simple regression model to investigate the impact of the COVID - 19 on the Financial Markets during the period from dated 1st March 2020 to 25th March 2020 in China and the USA. Time series data from China COVID - 19 Statistics Reports and Trading Economics from 1st March 2020 to 25th March 2020 for China and the USA were employed by the study. The study used the Shanghai Stock Exchange as a sample for China and the New York Dow Jones as a sample for the USA. In the process of investigating the impact of the COVID - 19 on the financial markets the study assumes the COVID - 19 Confirmed cases to be the independent variable while Shanghai Stock Exchange and New York Dow Jones to be dependent variables of the study in China and USA. The study findings were in actual fact very interesting. The study findings revealed that there is a positive significant relationship between the COVID - 19 confirmed cases and all the financial markets (Shanghai stock exchange and New York Dow Jones) from 1st March 2020 to 25th March 2020 in China and the USA. That means the COVID - 19 had a significant impact on the financial markets from 1st March 2020 to 25th March 2020 in China and the USA.\",\"PeriodicalId\":162127,\"journal\":{\"name\":\"HEN: Asia (Topic)\",\"volume\":\"72 6 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-03-27\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"202\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"HEN: Asia (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3562530\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"HEN: Asia (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3562530","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Impact of the COVID-19 on the Financial Markets: Evidence from China and USA
Globally, the COVID - 19 shock is severe even compared to the Great Financial Crisis in 2007–08. However, the impact of the COVID - 19 on the financial markets has never been researched. The present study is undertaken to investigate the impact of the COVID - 19 on the Financial Markets from the period dated 1st March 2020 to 25th March 2020 in China and the USA. The study applied a Simple regression model to investigate the impact of the COVID - 19 on the Financial Markets during the period from dated 1st March 2020 to 25th March 2020 in China and the USA. Time series data from China COVID - 19 Statistics Reports and Trading Economics from 1st March 2020 to 25th March 2020 for China and the USA were employed by the study. The study used the Shanghai Stock Exchange as a sample for China and the New York Dow Jones as a sample for the USA. In the process of investigating the impact of the COVID - 19 on the financial markets the study assumes the COVID - 19 Confirmed cases to be the independent variable while Shanghai Stock Exchange and New York Dow Jones to be dependent variables of the study in China and USA. The study findings were in actual fact very interesting. The study findings revealed that there is a positive significant relationship between the COVID - 19 confirmed cases and all the financial markets (Shanghai stock exchange and New York Dow Jones) from 1st March 2020 to 25th March 2020 in China and the USA. That means the COVID - 19 had a significant impact on the financial markets from 1st March 2020 to 25th March 2020 in China and the USA.