How oil prices affect East and Southeast Asian economies: Evidence from financial markets and implications for energy security

doi:10.1016/j.enpol.2019.01.044

GSTDTAP > 气候变化

DOI	10.1016/j.enpol.2019.01.044
	How oil prices affect East and Southeast Asian economies: Evidence from financial markets and implications for energy security
	Thorbecke, Willem 1,2
	2019-05-01
发表期刊	ENERGY POLICY
ISSN	0301-4215
EISSN	1873-6777
出版年	2019
卷号	128 页码:628-638
文章类型	Article
语种	英语
国家	Japan
英文摘要	Oil prices have been volatile. To investigate how oil price swings affect Asian economies, this paper examines how they affect industry and aggregate stock returns. Economic theory implies that there is a strong link between a sector's stock return and its economic activity. Evidence presented here indicates that sectors such as airlines, food, and industrial transportation are harmed by oil price increases and that sectors such as oil and gas production and exploration benefit. The findings also reveal that many industries within each country are impacted by oil prices. The paper concludes by offering several suggestions to help Asian economies weather the effects of oil price changes and increase energy security.
英文关键词	Crude oil prices East Asia Stock returns Energy security
领域	气候变化
收录类别	SCI-E ; SSCI
WOS记录号	WOS:000463688800059
WOS关键词	STOCK-MARKET ; RISK
WOS类目	Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies
WOS研究方向	Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
引用统计
文献类型	期刊论文
条目标识符	http://119.78.100.173/C666/handle/2XK7JSWQ/182767
专题	气候变化
作者单位	1.RIETI, Chiyoda Ku, 1-3-1 Kasumigaseki, Tokyo 1008901, Japan; 2.Ctr Int Dev, Chiyoda Ku, 1-3-1 Kasumigaseki, Tokyo 1008901, Japan
推荐引用方式 GB/T 7714	Thorbecke, Willem. How oil prices affect East and Southeast Asian economies: Evidence from financial markets and implications for energy security[J]. ENERGY POLICY,2019,128:628-638.
APA	Thorbecke, Willem.(2019).How oil prices affect East and Southeast Asian economies: Evidence from financial markets and implications for energy security.ENERGY POLICY,128,628-638.
MLA	Thorbecke, Willem."How oil prices affect East and Southeast Asian economies: Evidence from financial markets and implications for energy security".ENERGY POLICY 128(2019):628-638.