Artikel
Stock prices of renewable energy firms: Are there asymmetric responses to oil price changes?
This article revisits the question of whether crude oil prices have a positive effect on stock the prices of renewable energy firms. To examine this question carefully, we allow for the asymmetric effects of oil price changes in our modeling process, using the nonlinear autoregressive distributed lag (ARDL) approach. We find that changes in oil prices indeed have a significant, positive short-run effect on renewable energy stock prices in an asymmetric manner. However, this short-run effect does not appear to last in the long-run.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Economies ; ISSN: 2227-7099 ; Volume: 6 ; Year: 2018 ; Issue: 4 ; Pages: 1-8 ; Basel: MDPI
- Klassifikation
-
Wirtschaft
- Thema
-
asymmetry
nonlinear ARDL
oil prices
renewable energy
stock prices
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lee, Donggyu
Baek, Jungho
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2018
- DOI
-
doi:10.3390/economies6040059
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Lee, Donggyu
- Baek, Jungho
- MDPI
Entstanden
- 2018
Ähnliche Objekte (12)
Oil price forecasting under asymmetric loss
Asymmetric impact of oil price on inflation in Nigeria
Modelling and forecasting oil prices: The role of asymmetric cycles
Asymmetric Error Correction Models for the Oil-Gasoline Price Relationship
Oil price surprises
Explosive Oil Prices
Oil price shocks
On asymmetric reserve prices
Are There Gains from Pooling Real-Time Oil Price Forecasts?
Oil Prices, Exchange Rates and Asset Prices
Forecasting the oil price using house prices
Oil prices, exchange rates and asset prices
Oil price forecasting under asymmetric loss
Asymmetric impact of oil price on inflation in Nigeria
Modelling and forecasting oil prices: The role of asymmetric cycles
Asymmetric Error Correction Models for the Oil-Gasoline Price Relationship
Oil price surprises
Explosive Oil Prices
Oil price shocks
On asymmetric reserve prices
Are There Gains from Pooling Real-Time Oil Price Forecasts?
Oil Prices, Exchange Rates and Asset Prices
Forecasting the oil price using house prices
Oil prices, exchange rates and asset prices
Oil price forecasting under asymmetric loss
Asymmetric impact of oil price on inflation in Nigeria
Modelling and forecasting oil prices: The role of asymmetric cycles
Asymmetric Error Correction Models for the Oil-Gasoline Price Relationship
Oil price surprises
Explosive Oil Prices
Oil price shocks
On asymmetric reserve prices
Are There Gains from Pooling Real-Time Oil Price Forecasts?
Oil Prices, Exchange Rates and Asset Prices
Forecasting the oil price using house prices