Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

<Previous Article In Volume
Next Article In Volume>

Chinese Industries under the Impact of Pandemic Lock-down Policies: A Comparison Event Study on Wuhan and Shanghai

Authors
Chenghao Dong1, *, Yilin Pan2, Qinghe Zhou3
1School of Physical Science, University of Liverpool, Liverpool, UK
2Global Supply Chain Management, The Hong Kong Polytechnic University, Hongkong, China
3School of Business, University of Leeds, Leeds, UK
*Corresponding author. Email: sgcdong3@liverpool.ac.uk
Corresponding Author
Chenghao Dong
Available Online 31 December 2022.
DOI
10.2991/978-94-6463-036-7_73How to use a DOI?
Keywords
COVID-19; Pandemic; Event Study; Shanghai; Wuhan
Abstract

Significant impacts of the COVID-19 pandemic were detected in multiple sectors of the Chinese market during its 2020 outbreak in Wuhan, where most non-medical sectors were reported to be adversely affected. Although later, the “dynamic clearance strategy” adopted by the Chinese government produced an overall satisfactory outcome for the country's economic recovery, another large-scale outbreak of the Omicron variant took place in Shanghai, causing the local economy to suffer again from the pandemic. In this paper, we aim to examine and compare the impact of the two significant lockdowns (Wuhan & Shanghai) in China on the major sectors of the Chinese industry. Our study demonstrates an overall diminishing effect of the pandemic and the lockdown policies, which is considered to be in line with a rise in the market anticipation. The background investigation and literature review part (Section 1) was completed by Zhou; the suggestions (Section 4) were provided by Pan; the data, methodology and analysis parts (Section 2 &3) were carried out by Dong.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume
Next Article In Volume>
Volume Title
Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2022
ISBN
10.2991/978-94-6463-036-7_73
ISSN
2352-5428
DOI
10.2991/978-94-6463-036-7_73How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Chenghao Dong
AU  - Yilin Pan
AU  - Qinghe Zhou
PY  - 2022
DA  - 2022/12/31
TI  - Chinese Industries under the Impact of Pandemic Lock-down Policies: A Comparison Event Study on Wuhan and Shanghai
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 491
EP  - 500
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_73
DO  - 10.2991/978-94-6463-036-7_73
ID  - Dong2022
ER  -