Your browser doesn't support javascript.
The asymmetric Impact of COVID-19 Pandemic on the Crude Oil-stock Markets Nexus in KSA: Evidence from a NARDL Model
International Journal of Energy Economics and Policy ; 12(6):137-145, 2022.
Article in English | Scopus | ID: covidwho-2156160
ABSTRACT
This paper estimates the asymmetric relationship between the crude oil market, stock market and COVID-19 pandemic in the case of KSA during the period of March 15, 2020–February 03, 2021. Nonlinear and long-run asymmetric cointegration were utilized for comprehensive research on this topic. Our findings are as follows positive and negative shocks to the COVID-19 pandemic reduce stock market. Moreover, positive shock to crude oil market increases stock market, but negative shock has a negative and insignificant effect. Based on the results, this study concludes with suitable policy prescription. © 2022, Econjournals. All rights reserved.
Keywords

Full text: Available Collection: Databases of international organizations Database: Scopus Type of study: Experimental Studies Language: English Journal: International Journal of Energy Economics and Policy Year: 2022 Document Type: Article

Similar

MEDLINE

...
LILACS

LIS


Full text: Available Collection: Databases of international organizations Database: Scopus Type of study: Experimental Studies Language: English Journal: International Journal of Energy Economics and Policy Year: 2022 Document Type: Article