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The US-China Trade War: Event study of stock-market responses
University West, School of Business, Economics and IT, Divison of Law, Economics, Statistics and Politics.
2020 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [sv]

Den här uppsatsen analyserar hur specifika event kopplade till handelskriget mellan USA och Kina påverkade marknadsindexet S&P 500 under 2018. En ekonometrisk metod som kallas för "event study" används för att utvärdera hur eventen påverkade marknaden samt hypotestester för att bedöma trovärdigheten av hypotesen under eventperioderna. Resultaten visar att tre av de sex eventen undersökta hade en signifikansgrad på 0.05 eller mer. Detta antyder att risken för att dra en felaktig slutsats är mindre än 5%. Slutsatsen är då att handelskriget hade en effekt på S&P 500 under 2018.

Abstract [en]

This paper analyzes how specific events during the US-China trade war affected the S&P 500 stock market index during 2018. It uses an econometric method called an event study to assess the impact of an event on and hypothesis testing to assess the plausibility of a hypothesis. The results show that three out of the six cases had a statistical significance of 0.05 or above. Indicating that the chances of wrongly concluding that a difference existed when there in actuality were no difference, were less than 5%. Our tentative conclusions from the study are that the U.S. – China trade war had an effect on the S&P 500 during 2018.

Place, publisher, year, edition, pages
2020. , p. 30
Keywords [en]
trade war, S&P 500, event study, hypothesis testing, statistical significance
National Category
Economics
Identifiers
URN: urn:nbn:se:hv:diva-15602Local ID: EXC513OAI: oai:DiVA.org:hv-15602DiVA, id: diva2:1455730
Subject / course
Nationalekonomi
Educational program
Mäklarekonomprogrammet, fastighet och finans
Supervisors
Examiners
Available from: 2020-08-24 Created: 2020-07-28 Last updated: 2020-08-24Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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  • de-DE
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