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The asymmetric effects of oil price shocks and uncertainty on non-ferrous metal market: Based on quantile regression

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成果类型:
期刊论文
作者:
Chen, Ying;Zhu, Xuehong;Li, Hailing
通讯作者:
Li, HL
作者机构:
[Chen, Ying; Zhu, Xuehong] Cent South Univ, Sch Business, Changsha 410083, Peoples R China.
[Chen, Ying; Zhu, Xuehong] Cent South Univ, Inst Met Resources Strategy, Changsha 410083, Peoples R China.
[Li, Hailing] Hunan Agr Univ, Business Sch, Changsha 410125, Peoples R China.
通讯机构:
[Li, HL ] H
Hunan Agr Univ, Business Sch, Changsha 410125, Peoples R China.
语种:
英文
关键词:
Crisis;Non-ferrous metal markets;Oil price shocks;Quantile regression;Uncertainty
期刊:
Energy
ISSN:
0360-5442
年:
2022
卷:
246
基金类别:
This paper is supported by the National Social Science Foundation of China (No. 21&ZD103 ) and the National Natural Science Foundation of China (No. 72074228 , 71874210 , 71633006 and 71874207 ).
机构署名:
本校为通讯机构
院系归属:
商学院
摘要:
With the intensifying of competition among big countries and trade friction, prices of non-ferrous metal fluctuate more and more fiercely. This paper examines how asymmetric oil price shocks and different kinds of uncertainty affect non-ferrous metal market under different market conditions over the period from April 2nd, 1990 to April 7th, 2021. The results show that the nexus of non-ferrous metal prices with oil price shocks and uncertainty are distinct under different market conditions. First of all, the effects caused by oil price shocks ar...

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