Oil Price Shocks and Industry Stock Returns

By Elyas Elyasiani, I. Mansur, B. Odusami. 2011

356 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/92a905702f5f7ce5077a10381c6fbe3025611ede

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. George Filis
2. Stavros Degiannakis *
3. Vipin Arora
4. Rangan Gupta
5. Yu Wei
6. Huiming Zhu
7. D. Broadstock
8. Keming Yu

In Renewable Energy, Sustainability and the Environment

1. Stavros Degiannakis *
2. George Filis
3. Huiming Zhu
4. D. Broadstock
5. Vipin Arora
6. Keming Yu
7. Sufang Li
8. Yu Wei

Citations in the corpus

• Has oil price predicted stock returns for over a century (2015, background): “…de Gracia (2014) and Asteriou and Bashmakova (2013), respectively; the effect of oil price shocks on industry/sector returns have been documented in Elyasiani et al. (2011) and Lee et al. (2012); and, there are several individual country-based studies that confirm a statistical relationship…”
• Oil price risk in the Spanish stock market: An industry perspective (2014, background): “Far fewer studies have been devoted to the impact of oil pricemovements on stock returns at the industry level (Arouri and Nguyen, 2010; Elyasiani et al., 2011; Nandha and Faff, 2008).”
• Oil price shocks and stock market returns: New evidence from the United States and China (2014, background): “…by Degiannakis et al. (2013), Scholtens and Yurtsever (2012), Arouri (2012), Broadstock et al. (2012), Narayan and Sharma (2011), Arouri (2011), Elyasiani et al. (2011), Mohanty et al. 1 It is not immediately clear why this surge of study has been within the past decade or so, but several…”
• Oil prices and stock market in China: A sector analysis using panel cointegration with multiple breaks (2012, background): “(2008), most of these studies focus on the effects of oil prices on stock markets in a few developed countries such as the UK, US and Europe (e.g., Arouri, 2011; Arouri and Nguyen, 2010; El-Sharif et al., 2005; Elyasiani et al., 2011; Ghouri, 2006; Hammoudeh and Li, 2005; Kumar et al., 2012; Lee and”
• How do the stock prices of new energy and fossil fuel companies correlate? Evidence from China (2014, background): “…such as market returns, exchange rates, interest rates, inflation and industrial production are included in the empirical models to keep the empirical results robust (e.g., Arouri, 2011; El-sharif et al., 2005; Elyasiani et al., 2011; Faff and Brailsford, 1999; Scholtens and Yurtsever, 2012).”
• Oil and stock returns: Evidence from European industrial sector indices in a time-varying environment (2013, neutral): “In addition, Elyasiani et al. (2011), using a univariate GARCH model, examine oil price shocks and industry stock returns of thirteen US industries, dividing them in four categories, namely, oil-users, oil-substitute, oil-related and financial industries.”