Effect of Qatar diplomatic and economic isolation on Qatar stock market volatility: an event study approach

dc.contributor.author Kapar, Burcu
dc.contributor.author Buigut, Steven
dc.date.accessioned 2020-07-23T04:50:23Z
dc.date.available 2020-07-23T04:50:23Z
dc.date.copyright © 2020
dc.date.issued 2020
dc.description This article is not available at CUD collection. The version of scholarly record of this article paper is published in Applied Economics (2020), available online at: https://doi.org/10.1080/00036846.2020.1781776 en_US
dc.description.abstract In this study we assess the impact of the political and economic blockade of Qatar, as well as four other events related to the blockade on Qatar’s stock market volatility. One of these events occurred before the June 5 2017 blockade while the others occurred after. We use volatility event-study approach to test the abnormal unsystematic volatility in stock returns. We reveal that stock market volatility has reacted significantly to the blockade as well as to other related events that happened before and after the blockade. Our findings highlight the importance of continuing, and even bolstering, the ongoing mediation efforts to reduce the risk of a resurgence of hostilities. As there is no resolution yet, there is still a risk of future market volatility and thus changes in portfolio allocation and investment decisions not only in Qatar but also in the GCC. © 2020, © 2020 Informa UK Limited, trading as Taylor & Francis Group. en_US
dc.identifier.citation Kapar, B. & Buigut, S. (2020). Effect of Qatar diplomatic and economic isolation on Qatar stock market volatility: an event study approach. Applied Economics. https://doi.org/10.1080/00036846.2020.1781776 en_US
dc.identifier.issn 00036846
dc.identifier.uri https://doi.org/10.1080/00036846.2020.1781776
dc.identifier.uri http://hdl.handle.net/20.500.12519/227
dc.language.iso en en_US
dc.publisher Routledge en_US
dc.relation Authors Affiliations : Kapar, B., Department of Finance, American University in Dubai, Dubai, United Arab Emirates; Buigut, S., Faculty of Management, Canadian University Dubai, Dubai, United Arab Emirates
dc.relation.ispartofseries Applied Economics
dc.rights Permission to reuse the abstract has been secured from Taylor & Francis and Copyright Clearance Center.
dc.rights.holder Copyright : © 2020 Informa UK Limited, trading as Taylor & Francis Group
dc.subject Comparative analysis en_US
dc.subject event study en_US
dc.subject Qatar blockade en_US
dc.subject volatility en_US
dc.title Effect of Qatar diplomatic and economic isolation on Qatar stock market volatility: an event study approach en_US
dc.type Article en_US
Files
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
2.01 KB
Format:
Item-specific license agreed upon to submission
Description: