The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors

Authors

DOI:

https://doi.org/10.18778/2391-6478.1.37.01

Keywords:

Covid-19, Coronavirus, Stock Prices, EU Countries, ARDL

Abstract

The purpose of the article/hypothesis: The purpose of the article is to analyse the relationship between stock prices of selected companies and COVID-19 cases in those countries where the tourism and banking sectors have a high share of national income, such as Croatia, Italy and Spain.

Methodology: The methods used are Breakpoint Unit Root Tests to determine whether a time series is stationary or not, and ARDL cointegration technique for cointegration testing.

Results of the research: It was found that the number of COVID-19 cases negatively impacted the tourism and banking market in surveyed EU countries.

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Published

2023-03-27

How to Cite

Dayan, V., Bolek, M., & Trinidad-Segovia, J. E. (2023). The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors. Journal of Finance and Financial Law, 1(37), 7–31. https://doi.org/10.18778/2391-6478.1.37.01

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