Jiang Yan, Zhang Yi, Ma Chunna, Wang Quanyi, Xu Chao, Donovan Connor, Ali Gholam, Xu Tan, Sun Wenjie
Texas Health and Science University, USA.
Beijing Center for Disease Prevention and Control (CDC), China.
Adv Dis Control Prev. 2017;2(1):1-7. doi: 10.25196/adcp201711. Epub 2017 May 30.
This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.
Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.
The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).
New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.
本研究旨在探讨中国每日报告的H7N9病例数与股价指数之间的相关性。
收集了2013年2月19日至2014年3月31日期间每日报告的H7N9病例信息和股票市场板块指数。采用分布滞后非线性模型来描述股票指数的变化趋势。
每日报告的H7N9病例数与禽流感板块指数收盘价(P < 0.05)和上证综合指数开盘价(P = 0.029)相关。当日报告病例数≤4时,禽流感板块指数随每日报告病例数的增加而下降。病例数与中药板块指数、生物制品板块指数和生物医药板块指数的开盘/收盘价相关(P < 0.05)。
新出现或重新出现的传染病流行会造成经济损失,这反映在股价波动上。