Measuring economic diplomacy using event study method: the case of EU-China summit talks and Airbus stock price changes.
Economic diplomacy receives growing interest in the field of international relations research ever since the end of the cold war. Despite the vast number of literature on economic diplomacy, there are not many studies measuring the effect of economic diplomacy quantitatively. The purpose of this pap...
| Publicado en: | Asia Europe Journal Vol. 21; no. 2; pp. 155 - 172 |
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| Formato: | Artículo |
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Springer Nature
Jun2023
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=163729303&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 163729303 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 16102932 V96 jtl: Asia Europe Journal issn: 16102932 maglogo: N pubinfo: dt: Jun2023 vid: 21 iid: 2 pid: 237 pub: Springer Nature artinfo: ui: 163729303 10.1007/s10308-023-00660-2 ppf: 155 ppct: 17 formats: fmt: – @attributes: type: T – @attributes: type: P size: 639KB tig: atl: Measuring economic diplomacy using event study method: the case of EU-China summit talks and Airbus stock price changes. aug: au: Choi, Sunkung affil: Faculty of Economics and Business, University of Groningen, Groningen, the Netherlands su: China Airbus SE Diplomacy International relations Cold War, 1945-1991 Stock prices sug: subj: Diplomacy International relations Cold War, 1945-1991 China Airbus SE Foreign affairs International Affairs Stock prices ab: Economic diplomacy receives growing interest in the field of international relations research ever since the end of the cold war. Despite the vast number of literature on economic diplomacy, there are not many studies measuring the effect of economic diplomacy quantitatively. The purpose of this paper is to propose a method to measure economic diplomacy using the event study method that observes the influence of specific events on stock prices. In this study, the summit talks between the EU and China are selected as specific events that are considered as a form of economic diplomacy, and Airbus stock price, the proxy of the reaction to the economic diplomacy, was observed to verify the influence of it. The study categorized the summit talks by the type of participants whether the top politicians were included or not. The result shows that, among all summit talks, the summit talks between top politicians between the EU and China influence the stock price of Airbus positively, and it is statistically significant. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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