{"created":"2023-07-27T12:43:08.996392+00:00","id":50374,"links":{},"metadata":{"_buckets":{"deposit":"bac99634-70a2-4adb-9e35-0d951449d004"},"_deposit":{"created_by":3,"id":"50374","owners":[3],"pid":{"revision_id":0,"type":"depid","value":"50374"},"status":"published"},"_oai":{"id":"oai:ir.ide.go.jp:00050374","sets":["3552:4093:5112"]},"author_link":["57501","57502","57504","57503"],"item_14_biblio_info_6":{"attribute_name":"収録情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2018-05","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"712","bibliographic_titles":[{"bibliographic_title":"IDE Discussion Paper"},{"bibliographic_title":"IDE Discussion Paper","bibliographic_titleLang":"en"}]}]},"item_14_description_21":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_14_description_23":{"attribute_name":"DIG_NO","attribute_value_mlt":[{"subitem_description":"IDP000712_001","subitem_description_type":"Other"}]},"item_14_description_3":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"Conflict, political uncertainty and its impact on stock market has been a subject of interest in the literature. However, no study has yet explored the impact of political strikes on stock market outcomes. Political strike -- locally known as Hartal in Bangladesh -- is a different form of conflict than war or street protest, which is recurrent in nature. Using Dhaka Stock Exchange daily trading data of firms for the period 2005-2015 and controlling for a host of variables such as day, month, year, day-of-year trend and firm fixed effects, we find that political strike has a negative and statistically significant impact on stock market return. Our results show that, on the day of a political strike, stock market return drops about 0.14% which is economically sizable. This effect gets pronounced as the frequency of strike increases, based on week, month or year count of occurrences. Impact heterogeneity reveals that large firms are affected more from hartals compared to smaller firms.","subitem_description_type":"Abstract"}]},"item_14_geolocation_18":{"attribute_name":"地域/国名","attribute_value_mlt":[{"subitem_geolocation_place":[{"subitem_geolocation_place_text":"Bangladesh"}]}]},"item_14_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.20561/00050364","subitem_identifier_reg_type":"JaLC"}]},"item_14_publisher_7":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"Institute of Developing Economies　(IDE-JETRO)"}]},"item_14_rights_5":{"attribute_name":"権利","attribute_value_mlt":[{"subitem_rights":"Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp"}]},"item_14_subject_17":{"attribute_name":"JEL分類","attribute_value_mlt":[{"subitem_subject":"JEL:D24 - Production • Cost • Capital • Capital, Total Factor, and Multifactor Productivity • Capacity","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:D74 - Conflict • Conflict Resolution • Alliances • Revolutions","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:O14 - Industrialization • Manufacturing and Service Industries • Choice of Technology","subitem_subject_scheme":"Other"}]},"item_14_subject_19":{"attribute_name":"主題(図書館用)","attribute_value_mlt":[{"subitem_subject":"Political strikes","subitem_subject_scheme":"Other"},{"subitem_subject":"Stock price","subitem_subject_scheme":"Other"},{"subitem_subject":"Impact analysis","subitem_subject_scheme":"Other"},{"subitem_subject":"Securities","subitem_subject_scheme":"Other"}]},"item_14_text_32":{"attribute_name":"著者別名","attribute_value_mlt":[{"subitem_text_value":"坪田,建明"}]},"item_14_version_type_15":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"Iqbal, Kazi"}],"nameIdentifiers":[{"nameIdentifier":"57501","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Tsubota, Kenmei"}],"nameIdentifiers":[{"nameIdentifier":"57502","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Shonchoy, Abu S"}],"nameIdentifiers":[{"nameIdentifier":"57503","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Hoque, Mainul"}],"nameIdentifiers":[{"nameIdentifier":"57504","nameIdentifierScheme":"WEKO"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2018-05-14"}],"displaytype":"detail","filename":"IDP000712_001.pdf","filesize":[{"value":"1.1 MB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"Full-text PDF","url":"https://ir.ide.go.jp/record/50374/files/IDP000712_001.pdf"},"version_id":"7c90f841-6325-46ae-a975-4a60a947a922"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report","resourceuri":"http://purl.org/coar/resource_type/c_18gh"}]},"item_title":"Political instability and stock market returns : evidence from firm-level panel data of securities in Bangladesh","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"Political instability and stock market returns : evidence from firm-level panel data of securities in Bangladesh"}]},"item_type_id":"14","owner":"3","path":["5112"],"pubdate":{"attribute_name":"公開日","attribute_value":"2018-05-14"},"publish_date":"2018-05-14","publish_status":"0","recid":"50374","relation_version_is_last":true,"title":["Political instability and stock market returns : evidence from firm-level panel data of securities in Bangladesh"],"weko_creator_id":"3","weko_shared_id":3},"updated":"2023-07-27T15:58:21.989123+00:00"}