Research on determinants of Chinese pharmaceutical industry during Covid-19 –Empirical study based on 800 medical care index

Project: Other

Project Details

Project Title (In Chinese)

研究影响中国医药业的因素-800 医卫实证研究

Description

Since 2019, Covid-19 has had a great impact on various industries, especially, the pharmaceutical industry. Thus, as an important field in China, it gets plenty of attention.?This thesis takes the stock price of the pharmaceutical industry as the starting point?and after reading a large number of references, identifies influential factors selected?in terms of four aspects. Then, 800 health care index and seven determinants are?chosen for empirical research. This article collects corresponding raw data through?the official website and Wind. By R, important factors are processed, and principal?component analysis is used to obtain their relationships, analyze the influence degree?individually, and form new components. After that, use new components to construct?a model to understand the impact of different factors on the pharmaceutical industry.?After in-depth analysis, the contents are summarized, and limitations are written.

Key findings

This passage, with the object, 800 medical care index, chooses the number of infectious
cases, the number of deaths, dividend rate, health expenditure, controlling policy,
Baidu index and the consumer price index of health care as seven variables and does
research based on the whole pandemic period in China. Using PCA and R software
to study the determinants and, after optimizing the variables, get the fit model to
present the relations between variables and 800 medical care index.
Project CategoryFYP Undergraduate
AcronymFYP 23
StatusFinished
Effective start/end date1/01/2330/06/23

Keywords

  • Impact of the epidemic
  • Determinants of Chinese pharmaceutical industry
  • 800 medical care index
  • Principal Component Analysis (PCA)

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