M. Khurshid, Muhammad Azeem, Nisar Ahmad, J. U. Rehman, Sajjad Umar
{"title":"Diaspora of Energy: A Case of Oil Production and Consumption","authors":"M. Khurshid, Muhammad Azeem, Nisar Ahmad, J. U. Rehman, Sajjad Umar","doi":"10.32479/ijeep.15376","DOIUrl":null,"url":null,"abstract":"The study evaluates the nexus among oil prices, macro-economic indicators and stock returns of three Asian emerging oil-importing and three Asian emerging oil-exporting economies over a period from 2014 to 2019 on monthly observations. The study has made use of measure of association by applying VAR methodology. The results of the study indicate that oil prices movements have substantial impact on stock market trends whereas, the said impact varies depending upon the inherited macroeconomic condition of county. As regarding the oil-exporting countries the movement of oil prices is also equally important for the stock market behavior.","PeriodicalId":38194,"journal":{"name":"International Journal of Energy Economics and Policy","volume":" 7","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Energy Economics and Policy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.32479/ijeep.15376","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
The study evaluates the nexus among oil prices, macro-economic indicators and stock returns of three Asian emerging oil-importing and three Asian emerging oil-exporting economies over a period from 2014 to 2019 on monthly observations. The study has made use of measure of association by applying VAR methodology. The results of the study indicate that oil prices movements have substantial impact on stock market trends whereas, the said impact varies depending upon the inherited macroeconomic condition of county. As regarding the oil-exporting countries the movement of oil prices is also equally important for the stock market behavior.
期刊介绍:
International Journal of Energy Economics and Policy (IJEEP) is the international academic journal, and is a double-blind, peer-reviewed academic journal publishing high quality conceptual and measure development articles in the areas of energy economics, energy policy and related disciplines. The journal has a worldwide audience. The journal''s goal is to stimulate the development of energy economics, energy policy and related disciplines theory worldwide by publishing interesting articles in a highly readable format. The journal is published bimonthly (6 issues per year) and covers a wide variety of topics including (but not limited to): Energy Consumption, Electricity Consumption, Economic Growth - Energy, Energy Policy, Energy Planning, Energy Forecasting, Energy Pricing, Energy Politics, Energy Financing, Energy Efficiency, Energy Modelling, Energy Use, Energy - Environment, Energy Systems, Renewable Energy, Energy Sources, Environmental Economics, Oil & Gas .