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Impact of the COVID-19 Pandemic on Economic Sentiment: A Cross-Country Study
被引:12
|作者:
Zhang, Hongyuan
[1
]
Ding, Yibing
[1
]
Li, Jing
[1
]
机构:
[1] Jilin Univ, Sch Econ, Changchun 130012, Peoples R China
基金:
中国国家自然科学基金;
关键词:
COVID-19;
pandemic;
economic sentiment;
consumer confidence;
industrial confidence;
services confidence;
INDEX;
D O I:
10.1080/1540496X.2021.1897005
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
This paper empirically analyzes the impact of the COVID-19 pandemic on economic sentiment by constructing an econometric model using monthly data from 36 countries from December 2019 to October 2020. The results of this study show: (1) After the outbreak of the COVID-19 pandemic, economic sentiment fluctuated greatly, and even turned pessimistic. (2) It has a significant negative impact on economic sentiment. (3) It, however, has a substantial positive impact on consumer confidence, a major negative impact on industrial confidence, and no significant impact on services confidence.
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页码:1603 / 1612
页数:10
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