Transmission of shocks among health care stock index returns

Bradley T. Ewing; Jamie B. Kruse; Mark A. Thompson

doi:10.1080/17446540701416399

Transmission of shocks among health care stock index returns

Bradley T. Ewing
, Jamie B. Kruse
, Mark A. Thompson

James M. Hull College of Business

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This article examines the transmission of shocks among different sectors of the health care industry using financial market data in an excess-return model. As suggested by the nature of the reimbursement schemes, we find a significant linkage between the payor and product sectors. A significant and stronger linkage between the payor and provider sector exists. Given its competitive and well-diversified operating environment, the product sector may be better positioned to absorb shocks from the other health care sectors.

Original language	English (US)
Pages (from-to)	71-75
Number of pages	5
Journal	Applied Financial Economics Letters
Volume	4
Issue number	1
DOIs	https://doi.org/10.1080/17446540701416399
State	Published - Jan 2008

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1080/17446540701416399

Cite this

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Transmission of shocks among health care stock index returns

Abstract

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