新冠肺炎疫情对湖北板块股市的影响效应分析——基于事件分析法

The Analysis of COVID-19’s Impact on the Hubei Stock Market—Based on the Event Analysis Method

本文应用事件分析法对湖北板块股票市场应对新冠肺炎疫情的市场表现进行了实证研究。结果表明,新冠疫情在短期内对湖北板块股市产生了显著的冲击效应。但由于行业的异质性,疫情对不同行业的影响效应和程度是不同的,其中对旅游餐饮、批发零售、信息技术以及网娱媒体等行业造成的冲击最大,对房地产行业有轻微的冲击效应;相反,医药、运输仓储、制造和金融等行业在此次疫情中保持了较强的抵御能力。本文的研究结果在一定程度上可以为世界各国抗击传染病和恢复经济生产提供参考。

This paper is devoted to an empirical study on the market performance of Hubei stock market in response to COVID-19 epidemic by using event analysis method. The results show that COVID-19 has a significant impact on the stock market of Hubei in the short term. Due to the heterogeneity of the industry, the effect and degree of the impact on different industries are different. Among them, tourism &catering, wholesale &retail, information technology and internet entertainment media industry have been caused the greatest impact, and real estate industry has been caused a slight impact. On the contrary, pharmaceutical industry, transportation &storage industry, manufacturing, and financial industry have been resilient to the pandemic. To a certain extent, the research results in this paper can provide references for countries around the world to fight infectious diseases and restore economic production.