COVID-19 and the quantile connectedness between energy and metal markets

被引：33

作者：

Ghosh, Bikramaditya ^{[1
]}

Pham, Linh ^{[2
]}

Teplova, Tamara ^{[3
]}

Umar, Zaghum ^{[4
]}

机构：

[1] Symbiosis Int Deemed Univ SIU, Symbiosis Inst Business Management SIBM, Hosur Rd, Bengaluru 560100, Karnataka, India

[2] Lake Forest Coll, Dept Econ Business & Finance, Lake Forest, IL 60045 USA

[3] Natl Res Univ Higher Sch Econ, Moscow, Russia

[4] Zayed Univ, Coll Business, POB 144534, Abu Dhabi, U Arab Emirates

来源：

ENERGY ECONOMICS | 2023年 / 117卷

关键词：

Clean energy; Dirty energy; Metal; Price connectedness; Covid-19; IMPULSE-RESPONSE ANALYSIS; PRICE UNCERTAINTY; OIL; SHOCKS; IMPACT; STOCKS;

D O I：

10.1016/j.eneco.2022.106420

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study analyzes the relationship between clean and dirty energy sources and energy metals during the COVID-19 pandemic. We document a sharp increase in connectedness after the COVID-19 pandemic, that is asymmetric at the lower and upper quantiles, with stronger dependence among the variables at the upper quantiles. Among the energy metals, cobalt is the least connected to the energy markets. Finally, our empirical results show a switch in the net connectedness indexes of energy metals and clean energy after January 2021. Our results have implication for investors and policy makers for energy and metal under various market conditions.

引用

页数：17

共 50 条

[41] Volatility Connectedness between Clean Energy Firms and Crude Oil in the COVID-19 Era
Foglia, Matteo
Angelini, Eliana
[J]. SUSTAINABILITY, 2020, 12 (23) : 1 - 22
[42] Quantile connectedness between China's new energy market and other key financial markets
Shi, Feng
Xiong, Hongjun
Ji, Ming
[J]. APPLIED ECONOMICS, 2024,
[43] Quantile network connectedness between oil, clean energy markets, and green equity with portfolio implications
Yousfi, Mohamed
Bouzgarrou, Houssam
[J]. ENVIRONMENTAL ECONOMICS AND POLICY STUDIES, 2024,
[44] Energy markets responds to Covid-19 pandemic
Amamou, Souhir Amri
Bargaoui, Saoussen Aguir
[J]. RESOURCES POLICY, 2022, 76
[45] Impact of COVID-19 pandemic on the energy markets
Shaikh, Imlak
[J]. ECONOMIC CHANGE AND RESTRUCTURING, 2022, 55 (01) : 433 - 484
[46] Impact of COVID-19 pandemic on the energy markets
Imlak Shaikh
[J]. Economic Change and Restructuring, 2022, 55 : 433 - 484
[47] Quantile time-frequency connectedness between cryptocurrency volatility and renewable energy volatility during the COVID-19 pandemic and Ukraine-Russia conflicts
Le, Thanh Ha
[J]. RENEWABLE ENERGY, 2023, 202 : 613 - 625
[48] Quantile Time-Frequency Connectedness between Carbon Emissions, Traditional and New Energy:Evidence from Covid-19 and the Russia-Ukraine Conflict
Jiang, Wei
Guo, Xiao Liang
Bi, Sifeng
[J]. SSRN,
[49] Dynamic spillovers between energy and stock markets and their implications in the context of COVID-19
Zhang, Hua
Chen, Jinyu
Shao, Liuguo
[J]. INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2021, 77
[50] Dynamic connectedness between stock markets in the presence of the COVID-19 pandemic: does economic policy uncertainty matter?
Youssef, Manel
Mokni, Khaled
Ajmi, Ahdi Noomen
[J]. FINANCIAL INNOVATION, 2021, 7 (01)

← 1 2 3 4 5 →