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.
引用
收藏
页码:1603 / 1612
页数:10
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