Oil price risk and emerging stock markets

By S. Basher, Perry Sadorsky. 2006

966 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/147939d8a0b21c9ceaf67bbd04bad2d5a7c5643d

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In Economics and Econometrics

Citations in the corpus

The impact of oil-market shocks on stock returns in major oil-exporting countries (2018, background): “Bjørnland (2009) pointed out that Norway, a net oil exporter, has benefited from oil price increases, showing temporary increases in economic growth, whereas Canada, also a net-oil exporter, has shown instead declines in economic growth, more in line with the effects of oil price hikes in oil-import”
What has driven oil prices since 2000? A structural change perspective (2011, background): “Basher and Sadorsky (2006) found strong evidences that oil price changes had a significant effect on emerging stockmarket returns using a multifactor model that allowed for both unconditional and conditional risk factors. Through constructing the structural econometric model of the world oil market ”
Crude oil shocks and stock markets: A panel threshold cointegration approach (2011, background): “Moreover, Basher and Sadorsky (2006) provide strong evidence of the impact of oil price risk on emerging stock market returns.”
Assessing the impacts of oil price fluctuations on stock returns in emerging markets (2012, methodology): “Compared to Basher and Sadorsky (2006), we have a shorter, but a more recent dataset that allows us to consider countries such as China, Russia, Hungary and Czech Republic.”
Oil Prices and Stock Markets: A Review of the Theory and Empirical Evidence (2018, background): “6 See, for instance, Baumeister and Kilian, (2015, 2014), Baumeister et al. (2014), Manescu and Van Robays (2014), Baumeister and Kilian (2012). 7 E.”
Risk factors in oil and gas industry returns: International evidence (2011, methodology): “As Basher and Sadorsky (2006, p. 226) note “emerging economies tend to be more energy intensive than more advanced economies and are therefore more exposed to higher oil prices”. Third, we expand the literature by examining the asymmetric effects of oil price changes in the oil and gas industryworld”
The relationship between energy and equity markets: evidence from volatility impulse response functions (2014, background): “Maghyereh (2004) finds that oil shocks have no significant impact on stock index returns in 22 emerging economies; however, Basher and Sadorsky (2006) finds strong evidence that oil price risk has a significant impact on stock price returns in emerging markets.”