Quantile granger causality between clean energy and tourism stock indices: Evidence from regional markets

Basit Öğe Kaydı
dc.authorid0000-0002-4227-3934
dc.contributor.authorDemirkale, Ozge
dc.contributor.authorDuran, Naime Irem
dc.date.accessioned2026-01-31T15:08:52Z
dc.date.available2026-01-31T15:08:52Z
dc.date.issued2025
dc.departmentİstanbul Beykent Üniversitesi
dc.description.abstractAs two pillars of the green transition, clean energy and tourism have gained growing strategic prominence in the landscape of sustainable finance, warranting a deeper investigation into their financial interdependencies. However, empirical research exploring their interaction in financial markets, particularly from a regional perspective, remains relatively limited. This study contributes to that objective by examining the predictive relationships between the WILDERHILL Clean Energy Index and tourism indices from the United States, Europe, China, and Australia. Using monthly data from 2010 to 2023, the analysis applies quantile Granger causality and wavelet coherence methods to capture asymmetric and time-varying dynamics. Additionally, a structural VAR model is used to assess region-specific responses to clean energy shocks. While conventional Granger tests do not indicate significant linkages, quantile-based approaches uncover heterogeneous connections that emerge under extreme market conditions. The findings reveal increasing co-movement between clean energy and tourism sectors and emphasize the importance of distribution-sensitive and regionally contextualized approaches in guiding investment and policy-making strategies.
dc.identifier.doi10.1371/journal.pone.0326256
dc.identifier.issn1932-6203
dc.identifier.issue6
dc.identifier.pmid40549668
dc.identifier.scopus2-s2.0-105009578803
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org./10.1371/journal.pone.0326256
dc.identifier.urihttps://hdl.handle.net/20.500.12662/10775
dc.identifier.volume20
dc.identifier.wosWOS:001513865300034
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakPubMed
dc.language.isoen
dc.publisherPublic Library Science
dc.relation.ispartofPlos One
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WoS_20260128
dc.titleQuantile granger causality between clean energy and tourism stock indices: Evidence from regional markets
dc.typeArticle

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
PubMed İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu