O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Tipo de documento: | Dissertação |
Idioma: | por |
Título da fonte: | Manancial - Repositório Digital da UFSM |
Texto Completo: | http://repositorio.ufsm.br/handle/1/30462 |
Resumo: | This study analyzed the impacts of the COVID-19 pandemic on the stock markets of Brazil, Mexico, and Chile, using a methodological approach that combined descriptive and time series analyses. In the descriptive analysis, distinct behaviors were observed regarding the number of listed companies and the total market capitalization in each country. In the time series analysis, it was found that the number of domestic COVID-19 cases and fatalities did not have significant explanatory power on the stock market indices. However, when considering global data, Brazil and Mexico showed higher explanatory capacity, whereas Chile did not exhibit the same influence. Various factors, such as the size of the stock markets, the representation of foreign companies, and policy measures, may have influenced these results. The study suggests that the stock markets of Latin American countries reacted differently to the pandemic, however, all stock exchanges subjects to this study showed depreciation in the average capitalization value after 2020. |
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2023-11-09T14:41:28Z2023-11-09T14:41:28Z2023-09-29http://repositorio.ufsm.br/handle/1/30462This study analyzed the impacts of the COVID-19 pandemic on the stock markets of Brazil, Mexico, and Chile, using a methodological approach that combined descriptive and time series analyses. In the descriptive analysis, distinct behaviors were observed regarding the number of listed companies and the total market capitalization in each country. In the time series analysis, it was found that the number of domestic COVID-19 cases and fatalities did not have significant explanatory power on the stock market indices. However, when considering global data, Brazil and Mexico showed higher explanatory capacity, whereas Chile did not exhibit the same influence. Various factors, such as the size of the stock markets, the representation of foreign companies, and policy measures, may have influenced these results. The study suggests that the stock markets of Latin American countries reacted differently to the pandemic, however, all stock exchanges subjects to this study showed depreciation in the average capitalization value after 2020.Este estudo analisou os impactos da pandemia da COVID-19 nos mercados acionários do Brasil, México e Chile, usando uma abordagem metodológica que combinou análises descritivas e de série temporal. Na análise descritiva, foram observados comportamentos distintos em relação ao número de empresas listadas e ao valor de capitalização total em cada país. Na análise de série temporal, verificou-se que o número de casos e fatalidades internos da COVID-19 não apresentou capacidade explicativa significativa nos índices das bolsas de valores. No entanto, ao considerar os dados globais, o Brasil e o México mostraram maior capacidade explicativa, enquanto o Chile não teve a mesma influência. Diversos fatores, como o tamanho das bolsas de valores, a representatividade de empresas estrangeiras e as políticas adotadas, podem ter influenciado esses resultados. O estudo sugere que os mercados acionários dos países da América Latina reagiram de forma diferenciada à pandemia, no entanto todas as bolsas de valores objetos deste estudo apresentaram depreciação do valor de capitalização médio após 2020.porUniversidade Federal de Santa MariaCentro de Ciências Sociais e HumanasPrograma de Pós-Graduação em Economia e DesenvolvimentoUFSMBrasilEconomiaAttribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessBolsa de valoresAmérica LatinaCovid-19Stock exchangeLatin AmericaCNPQ::CIENCIAS SOCIAIS APLICADAS::ECONOMIAO impacto da pandemia da Covid-19 sobre o mercado de capitais da América LatinaThe impact of the Covid-19 pandemic on the Latin American capital marketsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisCoronel, Daniel Arrudahttp://lattes.cnpq.br/9265604274170933Bender Filho, ReisoliTeixeira, Felipe Orsolinhttp://lattes.cnpq.br/3560436052338781Lima, Camila Alessandra de600300000000600600600600600c5f7e145-5c80-4b8f-b8ac-11b99023565789ed1bce-0176-4307-9755-3f7ed1b122b3aba31154-6717-477d-af99-6e82af79f36349769d2a-61b3-41eb-a9f4-ee3a37a56668reponame:Manancial - Repositório Digital da UFSMinstname:Universidade Federal de Santa Maria (UFSM)instacron:UFSMLICENSElicense.txtlicense.txttext/plain; charset=utf-81956http://repositorio.ufsm.br/bitstream/1/30462/3/license.txt2f0571ecee68693bd5cd3f17c1e075dfMD53ORIGINALDIS_PPGED_2023_LIMA_CAMILA.pdfDIS_PPGED_2023_LIMA_CAMILA.pdfDissertaçãoapplication/pdf920314http://repositorio.ufsm.br/bitstream/1/30462/1/DIS_PPGED_2023_LIMA_CAMILA.pdfd7a431af84f8173a7581bbcd6345ddf8MD51CC-LICENSElicense_rdflicense_rdfapplication/rdf+xml; charset=utf-8805http://repositorio.ufsm.br/bitstream/1/30462/2/license_rdf4460e5956bc1d1639be9ae6146a50347MD521/304622023-11-09 11:41:28.984oai:repositorio.ufsm.br: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ório Institucionalhttp://repositorio.ufsm.br/PUBhttp://repositorio.ufsm.br/oai/requestopendoar:39132023-11-09T14:41:28Manancial - Repositório Digital da UFSM - Universidade Federal de Santa Maria (UFSM)false |
dc.title.por.fl_str_mv |
O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina |
dc.title.alternative.eng.fl_str_mv |
The impact of the Covid-19 pandemic on the Latin American capital markets |
title |
O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina |
spellingShingle |
O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina Lima, Camila Alessandra de Bolsa de valores América Latina Covid-19 Stock exchange Latin America CNPQ::CIENCIAS SOCIAIS APLICADAS::ECONOMIA |
title_short |
O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina |
title_full |
O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina |
title_fullStr |
O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina |
title_full_unstemmed |
O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina |
title_sort |
O impacto da pandemia da Covid-19 sobre o mercado de capitais da América Latina |
author |
Lima, Camila Alessandra de |
author_facet |
Lima, Camila Alessandra de |
author_role |
author |
dc.contributor.advisor1.fl_str_mv |
Coronel, Daniel Arruda |
dc.contributor.advisor1Lattes.fl_str_mv |
http://lattes.cnpq.br/9265604274170933 |
dc.contributor.referee1.fl_str_mv |
Bender Filho, Reisoli |
dc.contributor.referee2.fl_str_mv |
Teixeira, Felipe Orsolin |
dc.contributor.authorLattes.fl_str_mv |
http://lattes.cnpq.br/3560436052338781 |
dc.contributor.author.fl_str_mv |
Lima, Camila Alessandra de |
contributor_str_mv |
Coronel, Daniel Arruda Bender Filho, Reisoli Teixeira, Felipe Orsolin |
dc.subject.por.fl_str_mv |
Bolsa de valores América Latina Covid-19 |
topic |
Bolsa de valores América Latina Covid-19 Stock exchange Latin America CNPQ::CIENCIAS SOCIAIS APLICADAS::ECONOMIA |
dc.subject.eng.fl_str_mv |
Stock exchange Latin America |
dc.subject.cnpq.fl_str_mv |
CNPQ::CIENCIAS SOCIAIS APLICADAS::ECONOMIA |
description |
This study analyzed the impacts of the COVID-19 pandemic on the stock markets of Brazil, Mexico, and Chile, using a methodological approach that combined descriptive and time series analyses. In the descriptive analysis, distinct behaviors were observed regarding the number of listed companies and the total market capitalization in each country. In the time series analysis, it was found that the number of domestic COVID-19 cases and fatalities did not have significant explanatory power on the stock market indices. However, when considering global data, Brazil and Mexico showed higher explanatory capacity, whereas Chile did not exhibit the same influence. Various factors, such as the size of the stock markets, the representation of foreign companies, and policy measures, may have influenced these results. The study suggests that the stock markets of Latin American countries reacted differently to the pandemic, however, all stock exchanges subjects to this study showed depreciation in the average capitalization value after 2020. |
publishDate |
2023 |
dc.date.accessioned.fl_str_mv |
2023-11-09T14:41:28Z |
dc.date.available.fl_str_mv |
2023-11-09T14:41:28Z |
dc.date.issued.fl_str_mv |
2023-09-29 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
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info:eu-repo/semantics/masterThesis |
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masterThesis |
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publishedVersion |
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http://repositorio.ufsm.br/handle/1/30462 |
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http://repositorio.ufsm.br/handle/1/30462 |
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por |
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por |
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600300000000 |
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600 600 600 600 600 |
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Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ |
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Universidade Federal de Santa Maria Centro de Ciências Sociais e Humanas |
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Programa de Pós-Graduação em Economia e Desenvolvimento |
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UFSM |
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Brasil |
dc.publisher.department.fl_str_mv |
Economia |
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Universidade Federal de Santa Maria Centro de Ciências Sociais e Humanas |
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