Market reactions to the Israel-hamas conflict: A comparative event study of the US and Chinese markets
This study examines how the US and Chinese markets reacted to the Israel-Hamas conflict using an event study method. The analysis included 2087 firms from China and 1881 firms from the US. The results show differing responses in these markets before and after the conflict was announced. However, some sectors like consumer staples, financials, real estate, and energy had similar reactions, with the energy sector showing a notably strong positive response. These results offer important insights for policymakers, firms, and investors seeking to understand how geopolitical events impact market dynamics.
Authors
- William Ginn (ORCID: https://orcid.org/0000-0001-7890-3531)
- İbrahim Halil Ekşi̇ (ORCID: https://orcid.org/0000-0002-0239-3253)
- Rizky Yudaruddin (ORCID: https://orcid.org/0000-0002-0850-9747)
- Dadang Lesmana (ORCID: https://orcid.org/0000-0002-6489-0466)
Institutions
- Indonesian Agency for Agricultural Research and Development (ID)
- Artificial Intelligence in Medicine (Canada) (CA)
- Mulawarman University (ID)
- Gaziantep University (TR)
Publication Details
- Journal
- Borsa Istanbul Review
- Published
- 2024-10-16
- DOI
- https://doi.org/10.1016/j.bir.2024.10.005
- Citations
- 15
- Primary Topic
- Economic Sanctions and International Relations
- Type
- article
- Field-Weighted Citation Impact
- 16.94