{"title":"Impact of Covid -19 Pandemic on Green Industry","authors":"M. Babu, C. Hariharan, J. Gayathri, J. Sathya","doi":"10.53550/eec.2023.v29i01.067","DOIUrl":null,"url":null,"abstract":"The paper investigates the COVID-19 Pandemic’s impact on India’s Greenex industry. For this purpose, the present study selected the BSE Greenex Index from the BSE (Bomby Stock Exchange) of India. By using the logarithm to converted daily price into the daily returns for further analysis. Descriptive Statistics, ADF Test, Q-Q Plot and GARCH (1, 1) Model were used and its results showed that the BSE Greenex index recorded positive return with the highest return. The ADF Test confirmed that the data attained the Unit root at level difference. The study also found that the BSE Greenex Index were volatile throughout the COVID 19 Pandemic Period. Thus the study concluded that COVID 19 Pandemic influenced the Indian Greenex sectors, during the study period.","PeriodicalId":11458,"journal":{"name":"Ecology, Environment and Conservation","volume":"244 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ecology, Environment and Conservation","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.53550/eec.2023.v29i01.067","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Environmental Science","Score":null,"Total":0}
引用次数: 0
Abstract
The paper investigates the COVID-19 Pandemic’s impact on India’s Greenex industry. For this purpose, the present study selected the BSE Greenex Index from the BSE (Bomby Stock Exchange) of India. By using the logarithm to converted daily price into the daily returns for further analysis. Descriptive Statistics, ADF Test, Q-Q Plot and GARCH (1, 1) Model were used and its results showed that the BSE Greenex index recorded positive return with the highest return. The ADF Test confirmed that the data attained the Unit root at level difference. The study also found that the BSE Greenex Index were volatile throughout the COVID 19 Pandemic Period. Thus the study concluded that COVID 19 Pandemic influenced the Indian Greenex sectors, during the study period.
期刊介绍：
Published Quarterly Since 1995. Ecology, Environment and Conservation is published in March, June, September and December every year. ECOLOGY, ENVIRONMENT AND CONSERVATION is one of the leading International environmental journal. It is widely subsribed in India and abroad by Institutions and Individuals in education and research as well as by Industries, Govt. Departments and Research Institutes.
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