The Effects of COVID-19 Spread on Oil Markets: The Case of the Top 10 Producing Countries

Alber, Nader; Abdelrhim, Mansour; Elsayed, Abdullah; Farouh, Mahmoud; Mohamed, Mahmoud

doi:10.2139/ssrn.3882083

Cited by 3 publications

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“…Various studies reported that the evolution of new cases of coronavirus and new deaths caused by it had a significant impact on the stock market. For instance, Alber [14] conducted a panel data analysis and showed that stock market for China, France, Germany, and Spain has been influenced by new cases of COVID-19 more than by deaths in the previous period from 1 March 2020 to 10 April 2020. Other authors (e.g., [4][5][6][7]15]) corroborated that the coronavirus disease negatively influences the stock markets in several countries.…”

Section: Literature Review and Research Hypothesesmentioning

confidence: 99%

The Impact of COVID-19 Pandemic on Stock Market: Evidence from Romania

Hatmanu

Căutișanu

2021

IJERPH

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The current health crisis has several socioeconomic influences that could be compared to those experienced during the 2008 economic and financial crisis. Governments around the world are making great efforts to sustain markets as there are signs showing that the health crisis will be followed by an economic crisis. In this study, we aim to investigate the impact of COVID-19 on the Romanian stock market. For this purpose, we considered the influence on the Bucharest Exchange Trading (BET) index of such variables as the number of new cases and the number of new deaths caused by COVID-19, measures taken by authorities, and the international economic context. The collected data covered the period between 11 March 2020 and 30 April 2021. The Autoregressive Distributed Lag (ARDL) Bound cointegration test was used to measure the impact of COVID-19 on the stock market. The results showed a significant long-term negative impact of the pandemic on the BET index for Romania, while the European economic context had a positive influence. Therefore, these results could be used by authorities as a good guideline for the efficient management of measures that aim to reduce the negative effects of the healthcare crisis.

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Section: Literature Review and Research Hypothesesmentioning

confidence: 99%

The Impact of COVID-19 Pandemic on Stock Market: Evidence from Romania

Hatmanu

Căutișanu

2021

IJERPH

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The Impact of COVID-19 on Amman Stock Market (ASE) Performance: An ARDL Approach

Kasasbeh

Alzoubi

Alsmadi

et al. 2022

Studies in Computational Intelligence

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Investor Attention and Global Stock Market Volatility: Evidence from COVID-19

Padungsaksawasdi

Treepongkaruna

2023

Journal of Emerging Market Finance

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This paper utilizes intraday five-minute stock market indices to investigate the causal relation between global stock market volatility and investor attention measured by the Google search volume index during the COVID-19 pandemic. Using the bi-power variation method proposed by Barndorff-Nielsen and Shephard (2004), we separate the realized volatility into two components: Continuous and Jump. Based on 5,583 stock indices-day observations, we find that investor attention is positively related to the realized volatility and its continuous component, but to a lesser extent to jumps. A growth in confirmed cases is positive to all measures of market volatility. Moreover, when the number of confirmed cases increases, more attentive investors reduce market volatility. Our findings are robust regarding various estimation approaches and are less likely to suffer from omitted variable biases and endogeneity concerns. Understanding the findings revealed in this paper is crucial to regulators and policymakers as warnings of additional risks facing retail investors around the globe over the extremely volatile periods. JEL Codes: G14; G15; G40; G41

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The Effects of COVID-19 Spread on Oil Markets: The Case of the Top 10 Producing Countries

Cited by 3 publications

References 0 publications

The Impact of COVID-19 Pandemic on Stock Market: Evidence from Romania

The Impact of COVID-19 Pandemic on Stock Market: Evidence from Romania

The Impact of COVID-19 on Amman Stock Market (ASE) Performance: An ARDL Approach

Investor Attention and Global Stock Market Volatility: Evidence from COVID-19

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