Volatility transmission from critical minerals prices to green investments
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27360%2F23%3A10253607" target="_blank" >RIV/61989100:27360/23:10253607 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/abs/pii/S0301420723002076?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/abs/pii/S0301420723002076?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.resourpol.2023.103499" target="_blank" >10.1016/j.resourpol.2023.103499</a>
Alternative languages
Result language
angličtina
Original language name
Volatility transmission from critical minerals prices to green investments
Original language description
Green investments offer a promising market-based approach to combating global climate change, yet they are susceptible to risk transmission from various assets. While existing literature has primarily focused on the volatility implications among green investments, traditional stock returns, energy, and precious metals markets, it has overlooked the potential for volatility transmission from critical minerals markets to green investments. This is because the clean production process involves both eco-friendly stock and mineral markets, so fluctua-tions in mineral prices can result in volatility spillover to green investments. In this study, we examine the volatility transmission from critical mineral prices (such as copper, nickel, and lead) to green bonds and green equities in a global context. Using cross-quantilogram and cross-quantile spectrum analysis, we analyse daily data from October 31, 2014, to October 5, 2022, taking into account short-, medium-, and long-term investment horizons. Our findings indicate strong short-and long-term connections between green financial and mineral markets during market booms and busts. Conversely, under normal market conditions, both markets tend to behave independently. Our results provide valuable insights for green project managers, investors, and policy -makers, highlighting the efficiency of green investments in achieving environmental goals.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Resources Policy
ISSN
0301-4207
e-ISSN
1873-7641
Volume of the periodical
82
Issue of the periodical within the volume
Neuveden
Country of publishing house
US - UNITED STATES
Number of pages
18
Pages from-to
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UT code for WoS article
000958445200001
EID of the result in the Scopus database
2-s2.0-85151794691