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The Impact of the SARS-CoV-2 Epidemic on World Indices: The Entropy Approach

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  • Ayşe Metin Karakaş
  • Mine Doğan
  • Sinan Çalik

Abstract

The coronavirus disease (COVID-19) outbreak started in December 2019 in Wuhan. The virus has spread around the whole world, and it has caused a strong and serious pandemic. Symptoms such as cough, respiratory distress, diarrhea, and fatigue associated with COVID-19 are typical clinical findings. Coronavirus infection has become an important public health concern because of its increasing prevalence, serious complications, and mortality. In light of this information, we examine different entropy methods for world indices (ISE 30, FTSE 100, NIKKEI 225, SP 500, and DAX 30) in the pre-COVID-19 period (02.01.2019–17.11.2019) and the post-COVID-19 period (18.11.2019–23.11.2020) in this article. Besides, we discuss the performances of entropies such as Shannon, Renyi, Tsallis, and approximate entropy (ApEn) in detail and perform the notion of entropy for volatility measure. As a result, we present the numerical results for the data set.

Suggested Citation

  • Ayşe Metin Karakaş & Mine Doğan & Sinan Çalik, 2021. "The Impact of the SARS-CoV-2 Epidemic on World Indices: The Entropy Approach," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-9, February.
  • Handle: RePEc:hin:jnlmpe:6617668
    DOI: 10.1155/2021/6617668
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