Impact of Climate Risks and Global Uncertainties on Technology and Environmental Protection Stocks: A Study on China
Küçük Resim Yok
Tarih
2024
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Creative Publishing House
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This study aims to examine the relationship between CUM, CPU, CU, and UCT with the FTSE China Technology Index (FTXIN410) and SZSE Environmental Protection Index (SZEPI) using ARDL and NARDL methods. To test the robustness of the model, three additional parametric methods are employed: FMOLS, DOLS, and CCR. The technology and environmental protection sectors in China are crucial for the country's sustainable economic future. Understanding the impact of global and local unce rtainties on these sectors is critical for predicting sectoral trends and future market dynamics. Climate uncertainties and global uncertainties can impact investors' returns and market behaviors. In critical sectors such as technology and environmental protection, uncertainties need to be closely monitored for their implications on investment decisions and market stability. The results of the study indicate a long-term relationship between China’s climate uncertainties and global uncertainties with technology and environmental protection indices. © 2024, Creative Publishing House. All rights reserved.
Açıklama
Anahtar Kelimeler
ARDL, Climate Risks, DOLS, Financial Markets, FMOLS, Global Uncertainties, NARDL
Kaynak
Journal of Ecohumanism
WoS Q Değeri
Scopus Q Değeri
Q3
Cilt
3
Sayı
7
