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https://doi.org/10.18045/zbefri.2022.2.421

Emerging equity market reaction to pandemic prevention policy: Evidence from regression discontinuity design

Bora Aktan orcid id orcid.org/0000-0002-1334-3542 ; University of Bahrain, College of Business Administration, Kingdom of Bahrain.


Puni tekst: engleski pdf 2.064 Kb

str. 421-439

preuzimanja: 291

citiraj


Sažetak

The purpose of this study is both to release the effects of the current pandemic on
emerging equity markets and to examine the efficacy of the prevention policy to
lessen the plausible negative effects. In this context, Turkey, as an emerging
market, is examined by adopting the Regression Discontinuity Design which is a
robust non-experimental approach for evaluating the causal effects of
interventions. The results of the research reveal that the COVID-19 pandemic is
effective in Bourse Istanbul after a certain period when it first appeared in the
world. And therewithal, the efficiency of preventing policy taken in the country
statistically decreased the negative impact of the pandemic.

Ključne riječi

COVID-19; pandemic; emerging equity markets; Turkey; regression discontinuity

Hrčak ID:

289644

URI

https://hrcak.srce.hr/289644

Datum izdavanja:

30.12.2022.

Podaci na drugim jezicima: hrvatski

Posjeta: 942 *