TY  - JOUR
TI  - Investigating the impact of COVID-19 pandemic on volatility patterns and its global implication for textile industry: An empirical case study for Shanghai Stock Exchange of China
AU  - Trivedi, Jatin
AU  - Afjal, Mohd
AU  - Spulbar, Cristi
AU  - Birau, Ramona
AU  - Murthy Inumula, Krishna
AU  - Eduard Mitu, Narcis
T2  - Industria Textila
AB  - This research paper aims to examine the impact of the COVID-19 pandemic on volatility patterns and its global
implication for the textile industry in China. The COVID-19 pandemic has generated a global health crisis with profound
economic, social and financial implications, but also has triggered a ruthless global recession. The global economic
recovery as a result of the COVID-19 pandemic can also generate significant investment opportunities for the textile
industry in China. In this paper, the application of empirical methods could explain historical prices, the movement
dynamics of financial assets, and investigate various important characteristics of asset pricing that explore details of the
Chinese stock market. The econometric framework includes the following: symmetric Generalize Autoregressive
Conditional Heteroscedastic GARCH (1, 1) model, asymmetric GARCH models such as EGARCH and GJR models. The
main aim is to identify the asymmetric volatility effect, and impact of news on the SSE Composite Index and investigate
long memory properties in volatility using daily data for the sample period from 19th December 1990 to 31st December
2020. This empirical study contributes to the existing literature on the impact of the COVID-19 pandemic on international
stock markets, by investigating symmetric and asymmetric volatility patterns in the case of the Shanghai Stock
Exchange from China
DA  - 2022/08/31/
PY  - 2022
DO  - 10.35530/IT.073.04.202148
DP  - DOI.org (Crossref)
VL  - 73
IS  - 04
SP  - 365
EP  - 376
SN  - 12225347
ST  - Investigating the impact of COVID-19 pandemic on volatility patterns and its global implication for textile industry
UR  - http://www.revistaindustriatextila.ro/images/2022/4/03%20JATIN%20TRIVEDI%20INDUSTRIA%20TEXTILA%20no.4_2022.pdf
Y2  - 2022/09/01/13:55:29
ER  -