Politics-Finance Nexus Under Pandemic Shock Based on DID Model: From the Modern Slavery Perspective

Xiangdong Chen, Jincheng Zuo

2022

Abstract

The COVID-19 pandemic has created uncertainty in financial conditions around the world and generated risk-based vulnerabilities for households and societies. Workers in severely affected areas may face worse work conditions and imbalances due to the pandemic. Possible potential labour exploitation in those regions is a product and manifestation of this status quo. The existing research is still on the macro impact of the pandem-ic. This article attempts to analyze the latent unfair treatment that employees may receive by constructing mod-ern slavery as a theoretical guide for analysis. There are 1760 sample observations of seven areas, running from 2016 through 2020. We used Shanghai as the treatment group it was hit hard by COVID-19 in 2020. The other six provinces, as the control group, each had less than 200 confirmed cases by comparison. Since the emergence of the pandemic is an exogenous shock, we are interested in the alterations in modern slavery before and after the experiment, the DID Model is applied for measuring the impact effect of the experimental group in this study. The parallel trend test was used to evaluate the validity of the DID model, and regression was utilized to determine the influence of pandemic shock.

Paper Citation

in Harvard Style

Chen X. and Zuo J. (2022). Politics-Finance Nexus Under Pandemic Shock Based on DID Model: From the Modern Slavery Perspective. In Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI; ISBN 978-989-758-620-0, SciTePress, pages 367-372. DOI: 10.5220/0011737100003607

in Bibtex Style

@conference{icpdi22,
author={Xiangdong Chen and Jincheng Zuo},
title={Politics-Finance Nexus Under Pandemic Shock Based on DID Model: From the Modern Slavery Perspective},
booktitle={Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI},
year={2022},
pages={367-372},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011737100003607},
isbn={978-989-758-620-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI
TI - Politics-Finance Nexus Under Pandemic Shock Based on DID Model: From the Modern Slavery Perspective
SN - 978-989-758-620-0
AU - Chen X.
AU - Zuo J.
PY - 2022
SP - 367
EP - 372
DO - 10.5220/0011737100003607
PB - SciTePress