H7N9 not only endanger human health but also hit stock marketing

Yan Jiang; Yi Zhang; Chunna Ma; Quanyi Wang; Chao Xu; Connor Donovan; Gholam Ali; Tan Xu; Wenjie Sun

doi:10.25196/adcp201711

H7N9 not only endanger human health but also hit stock marketing

Yan Jiang
, Yi Zhang
, Chunna Ma
, Quanyi Wang
, Chao Xu
, Connor Donovan
, Gholam Ali
, Tan Xu
, Wenjie Sun

Research output: Contribution to journal › Article › peer-review

Abstract

OBJECTIVE: This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.

METHODS: Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.

RESULTS: The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).

CONCLUSION: New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.

Original language	English
Pages (from-to)	1-7
Number of pages	7
Journal	Advances in disease control and prevention
Volume	2
Issue number	1
DOIs	https://doi.org/10.25196/adcp201711
State	Published - 30 May 2017
Externally published	Yes

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10.25196/adcp201711

Cite this

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title = "H7N9 not only endanger human health but also hit stock marketing",

abstract = "OBJECTIVE: This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.METHODS: Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.RESULTS: The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).CONCLUSION: New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.",

author = "Yan Jiang and Yi Zhang and Chunna Ma and Quanyi Wang and Chao Xu and Connor Donovan and Gholam Ali and Tan Xu and Wenjie Sun",

year = "2017",

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day = "30",

doi = "10.25196/adcp201711",

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T1 - H7N9 not only endanger human health but also hit stock marketing

AU - Jiang, Yan

AU - Zhang, Yi

AU - Ma, Chunna

AU - Wang, Quanyi

AU - Xu, Chao

AU - Donovan, Connor

AU - Ali, Gholam

AU - Xu, Tan

AU - Sun, Wenjie

PY - 2017/5/30

Y1 - 2017/5/30

N2 - OBJECTIVE: This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.METHODS: Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.RESULTS: The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).CONCLUSION: New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.

AB - OBJECTIVE: This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.METHODS: Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.RESULTS: The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).CONCLUSION: New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.

U2 - 10.25196/adcp201711

DO - 10.25196/adcp201711

M3 - Article

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SN - 2519-9641

VL - 2

SP - 1

EP - 7

JO - Advances in disease control and prevention

JF - Advances in disease control and prevention

IS - 1

ER -

H7N9 not only endanger human health but also hit stock marketing

Abstract

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