文章基本信息

标题：Covid-19, oil price and UK economic policy uncertainty: evidence from the ARDL approach
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作者：M.Iqbal Prawira-Atmaja ; Shabri ; Sugeng Harianto 等
期刊名称：Quantitative Finance and Economics
电子版ISSN：2573-0134
出版年度：2020
卷号：4
期号：3
页码：503-514
DOI：10.3934/QFE.2020023
语种：English
出版社：AIMS Press
摘要：This study attempts to investigate how the spread of coronavirus (COVID-19) influence the UK economic policy uncertainty. Using daily data ranging from 11 March 2020 to 7 May 2020, an ARDL model has been applied in this study to capture both the short-run and long-run impact of COVID-19 on economic policy uncertainty. Additionally, the influence of Brent oil price on economic policy uncertainty is also examined. Based on the ARDL result, it is found that both COVID-19 new cases and new deaths reported in the UK have a strong and positive association with the UK economic policy uncertainty in the long-run. However, Brent oil price shows an inverse connection with economic policy uncertainty in the long run.
关键词：COVID-19;oil price;economic policy uncertainty;short-run;long-run;ARDL