Impact of Covid-19 Pandemic on Dow Jones Index

Authors

  • Dhaval Maheta Department of Business and Industrial Management, Surat, India
  • Jaini Shah Department of Business and Industrial Management, Veer Narmad South Gujarat University, Surat, India

DOI:

https://doi.org/10.46977/apjmt.2021v01i03.003

Keywords:

Granger Causality Test, Cointegration;Pandemic, COVID 19 Impact

Abstract

Covid-19 pandemic emerged as a Black Swan event that has shaken the global economy. In the present study the researchers have tried to determine the Impact of Covid-19 pandemic on the US Stock markets using data of Covid-19 confirmed cases and closing price of Dow Jones Index over the period January 21,2020 to May 31,2020. To determine the relationship between covid-19 and US stock market Granger-Casualty test and Johnsen Co-integration test. The Study findings revealed that there is a short-term relationship between this two which means the Covid-19 pandemic has positive impact on price of stock market in a short run.

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References

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Published

2021-01-02

How to Cite

Dhaval Maheta, & Jaini Shah. (2021). Impact of Covid-19 Pandemic on Dow Jones Index. Asia-Pacific Journal of Management and Technology (AJMT), 1(3), 18-21. https://doi.org/10.46977/apjmt.2021v01i03.003

Issue

Vol. 1 No. 3 (2021): Asia-Pacific Journal of Management and Technology

Section

Original Article
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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