Geopolitical Risk and Energy Market
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F23%3A97815" target="_blank" >RIV/60460709:41110/23:97815 - isvavai.cz</a>
Výsledek na webu
<a href="https://www.degruyter.com/document/doi/10.1515/peps-2022-0033/html" target="_blank" >https://www.degruyter.com/document/doi/10.1515/peps-2022-0033/html</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1515/peps-2022-0033" target="_blank" >10.1515/peps-2022-0033</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Geopolitical Risk and Energy Market
Popis výsledku v původním jazyce
The fundamental aim of this paper is to test the symmetric and asymmetric effects of geopolitical risk on the five selected prices of energy commodities, consisting of coal, crude oil, gasoline, heating oil, and natural gas, during the period 2 January 2020-29 July 2022 by application of linear and nonlinear ARDL models. Moreover, we also study the impact of anticipated financial volatility on energy commodities. Our results suggest that, over the long term, there is no linear relationship between geopolitical risk, financial volatility, and energy prices. On the other hand, we find statistically significant asymmetrical effects of geopolitical risk and financial volatility on crude oil, gasoline, and heating oil prices in the long and short run. We also identify that coal and natural gas prices do not respond to changes in geopolitical risk during the analysed period.
Název v anglickém jazyce
Geopolitical Risk and Energy Market
Popis výsledku anglicky
The fundamental aim of this paper is to test the symmetric and asymmetric effects of geopolitical risk on the five selected prices of energy commodities, consisting of coal, crude oil, gasoline, heating oil, and natural gas, during the period 2 January 2020-29 July 2022 by application of linear and nonlinear ARDL models. Moreover, we also study the impact of anticipated financial volatility on energy commodities. Our results suggest that, over the long term, there is no linear relationship between geopolitical risk, financial volatility, and energy prices. On the other hand, we find statistically significant asymmetrical effects of geopolitical risk and financial volatility on crude oil, gasoline, and heating oil prices in the long and short run. We also identify that coal and natural gas prices do not respond to changes in geopolitical risk during the analysed period.
Klasifikace
Druh
J<sub>imp</sub> - Článek v periodiku v databázi Web of Science
CEP obor
—
OECD FORD obor
50202 - Applied Economics, Econometrics
Návaznosti výsledku
Projekt
—
Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2023
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Peace Economics, Peace Science and Public Policy
ISSN
1079-2457
e-ISSN
1079-2457
Svazek periodika
29
Číslo periodika v rámci svazku
2
Stát vydavatele periodika
CZ - Česká republika
Počet stran výsledku
17
Strana od-do
171-187
Kód UT WoS článku
000960626300001
EID výsledku v databázi Scopus
2-s2.0-85151812224