{"id":"https://openalex.org/W1998241333","doi":"https://doi.org/10.1353/jda.0.0041","title":"The Positive and Negative Impacts of the Sars Outbreak: A Case of the Taiwan Industries","display_name":"The Positive and Negative Impacts of the Sars Outbreak: A Case of the Taiwan Industries","publication_year":2009,"publication_date":"2009-05-10","ids":{"openalex":"https://openalex.org/W1998241333","doi":"https://doi.org/10.1353/jda.0.0041","mag":"1998241333"},"language":"en","primary_location":{"id":"doi:10.1353/jda.0.0041","doi":"https://doi.org/10.1353/jda.0.0041","is_oa":false,"landing_page_url":"https://doi.org/10.1353/jda.0.0041","pdf_url":null,"source":{"id":"https://openalex.org/S14567820","display_name":"The Journal of Developing Areas","issn_l":"0022-037X","issn":["0022-037X","1548-2278"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","jufo-1","norway-1"],"host_organization":"https://openalex.org/P4310315774","host_organization_name":"Western Illinois University","host_organization_lineage":["https://openalex.org/P4310315774"],"host_organization_lineage_names":["Western Illinois University"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Developing Areas","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5016975105","display_name":"Chun\u2010Da Chen","orcid":"https://orcid.org/0000-0001-8527-8375","observed_orcids":["https://orcid.org/0000-0001-8527-8375"]},"institutions":[{"id":"https://openalex.org/I75256744","display_name":"Tennessee State University","ror":"https://ror.org/01fpczx89","country_code":"US","type":"education","lineage":["https://openalex.org/I75256744"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Chun-Da Chen","raw_affiliation_strings":["Tennessee State University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Tennessee State University","institution_ids":["https://openalex.org/I75256744"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5033323606","display_name":"Chin-Chun Chen","orcid":"https://orcid.org/0009-0005-3780-5720","observed_orcids":["https://orcid.org/0009-0005-3780-5720"]},"institutions":[{"id":"https://openalex.org/I75256744","display_name":"Tennessee State University","ror":"https://ror.org/01fpczx89","country_code":"US","type":"education","lineage":["https://openalex.org/I75256744"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Chin-Chun Chen","raw_affiliation_strings":["Tennessee State University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Tennessee State University","institution_ids":["https://openalex.org/I75256744"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5010730138","display_name":"Wan-Wei Tang","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Wan-Wei Tang","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5043112114","display_name":"Bor-Yi Huang","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Bor-Yi Huang","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.1003,"has_fulltext":false,"cited_by_count":204,"citation_normalized_percentile":{"value":0.90467538,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":100},"biblio":{"volume":"43","issue":"1","first_page":"281","last_page":"293"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11711","display_name":"COVID-19 Pandemic Impacts","score":0.9761000275611877,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11711","display_name":"COVID-19 Pandemic Impacts","score":0.9761000275611877,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.01119999960064888,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.004800000227987766,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/sars-epidemic","display_name":"SARS epidemic","score":0.9559999704360962},{"id":"https://openalex.org/keywords/taiwan-stock-market","display_name":"Taiwan stock market","score":0.8569999933242798},{"id":"https://openalex.org/keywords/biotechnology-industry","display_name":"biotechnology industry","score":0.8230000138282776},{"id":"https://openalex.org/keywords/tourism-industry","display_name":"tourism industry","score":0.9319999814033508},{"id":"https://openalex.org/keywords/wholesale-and-retail-trade","display_name":"wholesale and retail trade","score":0.9950000047683716},{"id":"https://openalex.org/keywords/portfolio-reallocation","display_name":"portfolio reallocation","score":0.6380000114440918},{"id":"https://openalex.org/keywords/investor-behavior","display_name":"investor behavior","score":0.44600000977516174},{"id":"https://openalex.org/keywords/economic-assistance","display_name":"economic assistance","score":0.38999998569488525}],"concepts":[{"id":"https://openalex.org/C116675565","wikidata":"https://www.wikidata.org/wiki/Q3241045","display_name":"Outbreak","level":2,"score":0.6766374111175537},{"id":"https://openalex.org/C3008058167","wikidata":"https://www.wikidata.org/wiki/Q84263196","display_name":"Coronavirus disease 2019 (COVID-19)","level":4,"score":0.6301120519638062},{"id":"https://openalex.org/C3006700255","wikidata":"https://www.wikidata.org/wiki/Q81068910","display_name":"2019-20 coronavirus outbreak","level":3,"score":0.49406126141548157},{"id":"https://openalex.org/C3007834351","wikidata":"https://www.wikidata.org/wiki/Q82069695","display_name":"Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2)","level":5,"score":0.4815512001514435},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3892873525619507},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3599727749824524},{"id":"https://openalex.org/C159047783","wikidata":"https://www.wikidata.org/wiki/Q7215","display_name":"Virology","level":1,"score":0.291132390499115},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.21819594502449036},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.16378134489059448},{"id":"https://openalex.org/C524204448","wikidata":"https://www.wikidata.org/wiki/Q788926","display_name":"Infectious disease (medical specialty)","level":3,"score":0.14076095819473267},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.08810225129127502},{"id":"https://openalex.org/C2779134260","wikidata":"https://www.wikidata.org/wiki/Q12136","display_name":"Disease","level":2,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1353/jda.0.0041","doi":"https://doi.org/10.1353/jda.0.0041","is_oa":false,"landing_page_url":"https://doi.org/10.1353/jda.0.0041","pdf_url":null,"source":{"id":"https://openalex.org/S14567820","display_name":"The Journal of Developing Areas","issn_l":"0022-037X","issn":["0022-037X","1548-2278"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","jufo-1","norway-1"],"host_organization":"https://openalex.org/P4310315774","host_organization_name":"Western Illinois University","host_organization_lineage":["https://openalex.org/P4310315774"],"host_organization_lineage_names":["Western Illinois University"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Developing Areas","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:jda:journl:vol.43:year:2009:issue1:pp:281-293","doi":null,"is_oa":false,"landing_page_url":"http://muse.jhu.edu/journals/journal_of_developing_areas/v043/43.1.chen.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:muse.jhu.edu:/article/264756","doi":null,"is_oa":false,"landing_page_url":"https://muse.jhu.edu/article/264756","pdf_url":null,"source":{"id":"https://openalex.org/S4377196299","display_name":"Project Muse (Johns Hopkins University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I145311948","host_organization_name":"Johns Hopkins University","host_organization_lineage":["https://openalex.org/I145311948"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"text"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/3","display_name":"Good health and well-being","score":0.5683000087738037}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":26,"referenced_works":["https://openalex.org/W253973149","https://openalex.org/W293422862","https://openalex.org/W1510944788","https://openalex.org/W1963845511","https://openalex.org/W1991420910","https://openalex.org/W1993382235","https://openalex.org/W1994368223","https://openalex.org/W1996796857","https://openalex.org/W1999029409","https://openalex.org/W1999996900","https://openalex.org/W2005742600","https://openalex.org/W2007456310","https://openalex.org/W2023518524","https://openalex.org/W2047473957","https://openalex.org/W2056070619","https://openalex.org/W2063668342","https://openalex.org/W2066901894","https://openalex.org/W2101718392","https://openalex.org/W2108677674","https://openalex.org/W2128778916","https://openalex.org/W2131741144","https://openalex.org/W2141592294","https://openalex.org/W2162100342","https://openalex.org/W2162619581","https://openalex.org/W2163125640","https://openalex.org/W2328664579"],"related_works":["https://openalex.org/W1963845511","https://openalex.org/W4320518331","https://openalex.org/W3106523883","https://openalex.org/W2215189446","https://openalex.org/W2000839837","https://openalex.org/W4380878333","https://openalex.org/W253973149","https://openalex.org/W2046077245","https://openalex.org/W7137610176","https://openalex.org/W2052686342"],"abstract_inverted_index":{"In":[0],"this":[1],"paper":[2],"we":[3],"employ":[4],"an":[5],"event":[6],"study":[7],"approach":[8],"with":[9],"GARCH":[10],"process":[11],"to":[12,90,107,117,153],"uncover":[13],"whether":[14],"there":[15],"were":[16,105],"positive":[17,70],"impacts":[18,42,74],"on":[19,43],"the":[20,25,36,46,66,73,76,83,129,141,155],"Taiwan\u2019s":[21],"stock":[22],"market":[23],"during":[24,128],"SARS":[26,37,77,87,130],"outbreak":[27,88,131],"period":[28,132],"in":[29,133],"2003.":[30],"The":[31,135],"empirical":[32],"results":[33],"indicate":[34],"that":[35,65,82,103],"crisis":[38],"did":[39],"bring":[40],"negative":[41],"tourism":[44],"and":[45,48,100,109,113,147,158],"wholesale":[47],"retail":[49],"sectors.":[50],"This":[51],"result":[52],"has":[53],"been":[54],"confirmed":[55],"by":[56],"many":[57],"previous":[58],"studies,":[59],"but":[60],"it":[61],"is":[62,80],"most":[63],"important":[64],"biotechnology":[67,111],"sector":[68],"saw":[69],"shocks":[71],"from":[72],"of":[75,86,137,143,165],"crisis.":[78],"It":[79],"clear":[81],"value":[84],"effect":[85],"seems":[89],"be":[91],"asymmetrical":[92],"within":[93],"our":[94],"sample":[95],"firms.":[96],"Therefore,":[97],"fund":[98],"managers":[99],"investors":[101],"at":[102],"time":[104],"able":[106],"buy":[108],"hold":[110],"stocks":[112],"rearrange":[114],"their":[115],"portfolios":[116],"obtain":[118],"investment":[119,126],"profits,":[120],"maintain":[121],"portfolio":[122],"returns,":[123],"or":[124],"lower":[125],"risks":[127],"Taiwan.":[134],"government":[136],"Taiwan":[138],"should":[139],"support":[140],"developments":[142],"each":[144],"industry":[145],"sufficiently,":[146],"then":[148],"these":[149],"industries":[150],"could":[151],"help":[152],"protect":[154],"nation\u2019s":[156],"economy":[157],"residents\u2019":[159],"health":[160],"against":[161],"any":[162],"possible":[163],"impact":[164],"disease,":[166],"such":[167],"as":[168],"SARS.":[169]},"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":16},{"year":2023,"cited_by_count":29},{"year":2022,"cited_by_count":49},{"year":2021,"cited_by_count":68},{"year":2020,"cited_by_count":33},{"year":2018,"cited_by_count":2},{"year":2015,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}