Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 6th International Conference on Economic Management and Green Development (ICEMGD 2022), Part Ⅰ
Series Vol. 3 , 21 March 2023
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The Time-varying Impact of COVID-19 Pandemic on Consumption: Evidence from the A-share market
* Author to whom correspondence should be addressed.
Abstract
The COVID-19 pandemic has had an impact on global economics, affecting the development of all industries, and the consumer industry is certainly one of the most obvious sectors. VAR and the ARMA-GARCH model are built based on empirical research to investigate the effects of the COVID-19 newly confirmed cases on the return rate and volatility of the consumption index. The conclusions are as follows: In the short term, global and Chinese consumption will be significantly impacted by the COVID-19 pandemic. However, tt is unclear whether COVID-19 will have a negative long-term effect on the consumer industries.
Keywords
SSE Consumption Index, Time-varying impact, Covid-19 pandemic, Yields and volatility
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 6th International Conference on Economic Management and Green Development (ICEMGD 2022), Part Ⅰ
- ISBN (Print)
- 978-1-915371-15-7
- ISBN (Online)
- 978-1-915371-16-4
- Published Date
- 21 March 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/3/2022897
- Copyright
- © 2023 The Author(s)
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited