Does COVID-19 Affect the Growth of the Fourth Industrial Revolution?

Eunju Hwang

Global Economic Review, 2023, vol. 52, issue 3, 220-235

Abstract: The COVID-19 pandemic might accelerate Fourth Industrial Revolution such as FinTech, AI and Robotics. This study explores impact of the COVID-19 on Fourth Industrial Revolution by quantifying such an impact on stock market. Stock indices and ETFs are handled to find log-return distributions via kernel estimation. Before, during and after outbreak of the COVID-19, distributions and related measures are investigated. Results reveal that E-commerce and Fourth Industrial Revolution have grown 1.5-1.7 times in increase rates of daily net returns, compared to main stock indices. A statistical test supports that AI & Robotics sector has grown under influence of the COVID-19.

Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/1226508X.2023.2217551 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:glecrv:v:52:y:2023:i:3:p:220-235

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RGER20

DOI: 10.1080/1226508X.2023.2217551

Access Statistics for this article

Global Economic Review is currently edited by Kap-Young Jeong and Taeyoon Sung

More articles in Global Economic Review from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().