The Impact of the Infectious diseases and Commodity on Stock Markets

We investigate short and long-run effects of commodities and the EMVID indices in stocks. It pre-dominantly compares the magnitude of the effect in China and the USA and analyzes the differences utilizing the QARDL method. It becomes evident that the impacts of the EMVID and commodity indexes vary depending on the stock market developments. The short-run results reveal that the US stocks are negatively affected by the extreme quantiles, while almost all quantiles are negatively affected by commodity shocks in the long-run before pandemic. During the COVID-19 outbreak, the EMVID index is positively correlated with the stocks for both countries.

• Publication year

  2022

• Venue

  Finance Research Letters

• Publication date

  2022-04-01

• Fields of study

  Medicine, Economics, Environmental Science

• Identifiers
  DOI 10.1016/j.frl.2022.102848
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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