648
Views
0
CrossRef citations to date
0
Altmetric
SOCIOLOGY

Evaluation of Thailand’s COVID-19-Related policies and their impact on the stock market using a PMC Index model approach1

ORCID Icon & ORCID Icon
Article: 2285252 | Received 19 Dec 2022, Accepted 15 Nov 2023, Published online: 04 Dec 2023

References

  • Agarwal, A. (2020). Sentiment analysis of financial news. Proceedings - 2020 12th International Conference on Computational Intelligence and Communication Networks, CICN 2020 (pp. 312–13). https://doi.org/10.1109/CICN49253.2020.9242579
  • Bank of Thailand. (n.d.). Bank of Thailand | Central Bank of Thailand. https://www.bot.or.th/English/Pages/default.aspx
  • Billah, M. A., Miah, M. M., Khan, M. N., & Flacco, M. E. (2020). Reproductive number of coronavirus: A systematic review and meta-analysis based on global level evidence. PLoS ONE, 15(11), 1–17. https://doi.org/10.1371/journal.pone.0242128
  • Cairney, P. (2021). The UK government’s COVID-19 policy: Assessing evidence-informed policy analysis in real time. British Politics, 16(1), 90–116. https://doi.org/10.1057/s41293-020-00150-8
  • Council of Misters of Thai government. (2021). Labor market and businesses remedy measures (Section 33, Section 39, Section 40, and Section 9).
  • Dzator, J., Acheampong, A. O., Dzator, M., Paolucci, F., Yawe, B. L., Asmah, E. E., Andoh, F. K., Kabagenyi, A., & Gillespie, J. (2021, November). Policy stringency, handwashing and COVID-19 cases: Evidence from global dataset. Health Policy and Technology, 11(2), 100574. https://doi.org/10.1016/j.hlpt.2021.100574
  • Eggoh, J. C., & Khan, M. (2014). On the nonlinear relationship between inflation and economic growth. Research in Economics, 68(2), 133–143. https://doi.org/10.1016/j.rie.2014.01.001
  • Farooq, O., & Ahmed, N. (2018). Does inflation affect sensitivity of investment to stock prices? Evidence from emerging markets. Finance Research Letters, 25(June 2017), 160–164. https://doi.org/10.1016/j.frl.2017.10.019
  • Gao, Y., Li, Y. Y., & Wang, Y. (2021). Modular policy evaluation system: A policy evaluation framework based on text mining. 2021 IEEE 6th International Conference on Big Data Analytics, ICBDA 2021 (204–209). https://doi.org/10.1109/ICBDA51983.2021.9403142
  • Geng, J., Long, R., Chen, H., & Li, Q. (2018). Urban residents’ response to and evaluation of low-carbon travel policies: Evidence from a survey of five eastern cities in China. Journal of Environmental Management, 217, 47–55. https://doi.org/10.1016/j.jenvman.2018.03.091
  • Gokal, V., & Hanif, S. (2004). Relationship between inflation and economic growth. Working Paper, Reserve Bank of Fiji. (Vol. 04, Issue December 2004).
  • Hale, T., Angrist, N., Goldszmidt, R., Kira, B., Petherick, A., Phillips, T., Webster, S., Cameron-Blake, E., Hallas, L., Majumdar, S., & Tatlow, H. (2021). A global panel database of pandemic policies (Oxford COVID-19 government response tracker). Nature Human Behaviour, 5(4), 529–538. https://doi.org/10.1038/s41562-021-01079-8
  • Hsieh, H. S. (2020). Transport policy evaluation based on elasticity analysis with social interactions. Transportation Research Part A: Policy and Practice, 139(March 2019), 273–296. https://doi.org/10.1016/j.tra.2020.07.011
  • Kirange, D. K., & Deshmukh, R. R. (2016). Sentiment analysis of news headlines for stock price prediction. An International Journal Of Advanced Computer Technology, 1–6. https://doi.org/10.13140/RG.2.1.4606.3765
  • Kuang, B., Han, J., Lu, X., Zhang, X., & Fan, X. (2020). Quantitative evaluation of China’s cultivated land protection policies based on the PMC-Index model. Land Use Policy, 99(2020), 105062. https://doi.org/10.1016/j.landusepol.2020.105062
  • Li, Q., Wang, T., Li, P., Liu, L., Gong, Q., & Chen, Y. (2014). The effect of news and public mood on stock movements. Information Sciences, 278, 826–840. https://doi.org/10.1016/j.ins.2014.03.096
  • Lou, J., Wong, T. W., Fung, K. W. T., & Shaende, J. J. N. (2021). Stock and bond joint pricing, consumption surplus, and inflation news. Research in International Business and Finance, 58(June), 101426. https://doi.org/10.1016/j.ribaf.2021.101426
  • Ministry of Public Health of Thailand. (2018). Royal Thai Government Gazette. Royal Thai Government, 136, 5–133. https://www.thaigov.go.th/
  • Naseer, M., & Bin Tariq, Y. (2015). The Efficient market hypothesis: A critical review of the literature capital budgeting view project the Efficient market hypothesis: A critical review of the literature view project. IUP Journal of Financial Risk Management, 12(4), 48–63. https://www.researchgate.net/publication/289952213
  • Office of the International Parliamentary Organization. (2021). The Summary of Measures and Operations of Thai Government on COVID-19 situation. (Issue March 2021).
  • Özer, M. (2020). Türkiye’de COVID-19 Salgını Sürecinde Milli Eğitim Bakanlığı Tarafından Atılan Politika Adımları. Kastamonu Eğitim Dergisi, 28(3), 1124–1129. https://doi.org/10.24106/kefdergi.722280
  • Ozmete, E., & Hira, T. (2011). Conceptual analysis of behavioral theories/models: Application to financial behavior. European Journal of Social Sciences, 18(2011), 386–404.
  • René Wies. (1996 September). Policy definition and Classification: Aspects, criteria, and examples policy definition and Classification: Aspects, criteria, and examples 1 introduction: Differences in policy definitions. Proceeding of the IFIP/IEEE InternationalWorkshop on Distributed Systems: Operations & Management (pp.1–12). https://www.researchgate.net/profile/Rene_Wies/publication/2784392_Policy_Definition_and_Classification_Aspects_Criteria_and_Examples/links/00b4952eb61a7acb04000000.pdf
  • Ritchie, H., Mathieu, E., Rodés-Guirao, L., Appel, C., Giattino, C., Ortiz-Ospina, E., Hasell, J., Macdonald, B., Beltekian, D., & Roser, M. (2020). Coronavirus Pandemic (COVID-19). Our World in Data. https://ourworldindata.org/coronavirus
  • Ruiz Estrada, M. A. (2012). The Policy Modeling Research Consistency Index (PMC-Index). SSRN Electronic Journal, 1–13. https://doi.org/10.2139/ssrn.1689475
  • Shah, D., Isah, H., & Zulkernine, F. (2019 May). Predicting the effects of news sentiments on the stock market. Proceedings - 2018 IEEE International Conference on Big Data, Big Data 2018 (pp. 4705–4708). https://doi.org/10.1109/BigData.2018.8621884
  • The Stock Exchange of Thailand. (n.d.). SETTRADE.COM - Leading Technology for professional investors. Retrieved August 19, 2022, from https://classic.settrade.com/settrade/home
  • Thailand Ministry of Commerce. (n.d.). Ministry of Commerce, Thailand. Retrieved November 2, 2022, from https://www.moc.go.th/en/page/item/index/id/6
  • Toraksa, S., & Saengkrod, W. (2019). Translating policy to practice in the control and prevention of covid-19: Case study of chumpae municipality. Journal of Modern Learning Development, 7(7), 248–262.
  • Vegvari, C., Abbott, S., Ball, F., Brooks-Pollock, E., Challen, R., Collyer, B. S., Dangerfield, C., Gog, J. R., Gostic, K. M., Heffernan, J. M., Hollingsworth, T. D., Isham, V., Kenah, E., Mollison, D., Panovska-Griffiths, J., Pellis, L., Roberts, M. G., Scalia Tomba, G., Thompson, R. N., & Trapman, P. (2021). Commentary on the use of the reproduction number R during the COVID-19 pandemic. Statistical Methods in Medical Research, 31(9), 1675–1685. https://doi.org/10.1177/09622802211037079
  • World Health Organization Thailand. (2022). COVID-19 Situation, Thailand Contents COVID-19 Update. (Issue 12 January 2022).