媒体报道中美贸易战对部分欧盟国家的宏观经济影响

IF 2.3 3区经济学 Q2 ECONOMICS

European Journal of Political Economy Pub Date : 2024-09-25 DOI:10.1016/j.ejpoleco.2024.102611

Joscha Beckmann , Robert L. Czudaj , Michael Murach

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引用次数: 0

摘要

本文旨在分析与中美贸易冲突相关的媒体报道对欧盟部分国家宏观经济的影响。我们的主要目的是评估媒体报道是否构成宏观经济效应的相关传导渠道。我们评估了基于调查的宏观经济预期、股票价格和实际工业生产的反应。我们的分析侧重于德国、法国、意大利和西班牙，以考虑欧盟主要国家之间的异质性效应。我们发现了对预期、股票价格和工业生产的重大影响。特别是，在四个欧盟国家中的三个国家（德国、意大利和西班牙），经常账户预期受到了明显的负面影响。

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Macroeconomic effects from media coverage of the China–U.S. trade war on selected EU countries

The objective of this paper is to analyze the macroeconomic effects of media coverage related to the trade conflict between China and the U.S. for selected countries of the European Union. Our main aim is to evaluate whether media coverage constitutes a relevant transmission channel for macroeconomic effects. We evaluate the response of survey-based macroeconomic expectations, stock prices, and realized industrial production. Our analysis focuses on Germany, France, Italy, and Spain in order to allow for heterogeneous effects across major EU countries. We find significant effects on expectations, stock prices, and industrial production. Especially, a significantly negative effect on current account expectations is observed for three of the four considered EU countries (Germany, Italy, and Spain).

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来源期刊

European Journal of Political Economy Multiple-

CiteScore

3.40

自引率

10.00%

发文量

106

期刊介绍： The aim of the European Journal of Political Economy is to disseminate original theoretical and empirical research on economic phenomena within a scope that encompasses collective decision making, political behavior, and the role of institutions. Contributions are invited from the international community of researchers. Manuscripts must be published in English. Starting 2008, the European Journal of Political Economy is indexed in the Social Sciences Citation Index published by Thomson Scientific (formerly ISI).