This study aims to investigate the impact of COVID-19 pandemic on the stock markets of sixteen countries. Pooled OLS regression, conventional t-test and Mann-Whitney test are used to estimate the results of the study. We construct a weekly panel data of COVID-19 new cases and stock returns. Pooled OLS estimation result shows that the growth rate of weekly new cases of COVID-19 negatively predicts the return in stock market. Next, the returns on leading stock indices of these countries during the COVID-19 outbreak period are compared with returns during the non-COVID period. We use a t-test and Mann-Whitney test to compare the returns. The results reveal that investors in these countries do not react to the media news of COVID-19 at the early stage of the pandemic. However, once the human-to-human transmissibility had been confirmed, all of the stock market indices negatively reacted to the news in the short- and long-event window. Interestingly, we noticed that the Shanghai Composite Index, which was severely affected during the short-event window, bounced back during the long-event window. This indicates that the Chinese government’s drastic measures to contain the spread of the pandemic regained the confidence of investors in the Shanghai Stock Market.

The research investigates the impact of the lockdown period caused by the COVID-19 to the stock market of India. The study examines the extent of the influence of the lockdown on the Indian stock market and whether the market reaction would be the same in pre- and post-lockdown period caused by COVID-19. Market Model Event study methodology is used. A sample of 31 companies listed on Bombay Stock Exchange (BSE) are selected at random for the purpose of the study. The sample period taken for the study is 35 days (24 February-17 April, 2020). An event window of 35 days was taken with 20 days prior to the event and 15 days during the event. The event (t1) being the official announcement of the lockdown. The results indicate that the market reacted positively with significantly positive Average Abnormal Returns during the present lockdown period, and investors anticipated the lockdown and reacted positively, whereas in the pre-lockdown period investors panicked and it was reflected in negative AAR. The study finds evidence of a positive AR around the present lockdown period and confirms that lockdown had a positive impact on the stock market performance of stocks till the situation improves in the Indian context.

The Coronavirus disease (COVID-19), first identified in China in December 2019, has widely spread worldwide and is an ongoing pandemic. It is expected that the ripple effect of COVID-19 on the global economy including the agricultural sector will increase substantially if not properly controlled shortly. This study examines the potential impact of COVID-19 on the Korean beef cattle sector and farm labor demand for Korean beef cattle using a dynamic partial equilibrium model. The agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming pessimistic GDP growth rate (-1.2% in 2020) with no direct supply shocks fell by up to 4.00% and 0.67%, respectively, compared to the baseline which represents the future without COVID-19 outbreak. On the other hand, the agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming both pessimistic GDP growth rate and supply shocks (-12.7% beef imports and + 2.4% feed cost in 2020) increased by up to 12.08% and 1.99%, respectively, compared to the baseline.

목적: 본 연구는 코로나19에 의한 노인 운동행동 변화를 탐색하는 데 목적이 있다. 방법: 이를 위해 서울 및 경기권에 거주하며 운동경력이 3년 이상인 60세 이상 남녀 노인 70명을 선정하였다. 온라인을 활용한 개방형질문지와 심층면담을 통해 코로나19로 인해 체험한 운동행동 변화 사례를 탐색하였다. 수집된 자료는 귀납적 내용분석을 통해 범주화하였으며, 범주화된 각 주제는 연역적 전개를 통하여 구체화하였다. 결과: 원자료의 귀납적 내용분석 결과, 운동패턴의 변화, 운동 제약 강화, 운동 불안감 증폭, 운동 포기의 4개 상위범주와 8개의 하위범주가 도출되었다. 범주화 결과를 토대로 진행한 심층면담 결과, 코로나19로 인해 운동 종류나 운동 패턴 등 기존의 운동 방법 변화를 체험하였으며, 마스크 착용이나 사회적 거리 두기, 야외활동 자제 등의 사회적 지침에 의한 운동 제약, 노인 사망률이 높았던 코로나19의 메스컴 보도 등으로 인한 운동 불안감 증폭, 그리고 기초적인 활동량과 의도가 줄어듦으로 인한 운동 포기 등을 체험하였다. 결론: 코로나19 사태에 따라 온라인 학습 활성화, 사회적 거리 두기 등 여러 국책이 발표되고 있고, 이는 노인 뿐 아니라 전 계층의 운동행동과 운동참여에도 영향을 미칠 것이다. 추후 체육학계에서는 이러한 사회적 현상과 변화에 대비한 지속적 탐색과 관심이 요구된다.