2023
DOI: 10.1016/j.resourpol.2022.103200
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Green finance and natural resources commodities prices: Evidence from COVID-19 period

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Cited by 28 publications
(7 citation statements)
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“…In the literature, studies assessing renewables markets were divided into two groups. The first group of studies primarily analysed the connectedness between natural gas and renewable energy markets, focusing on event-based approaches [ [85] , [86] , [87] , [88] , [89] , [90] , [91] ]. Empirical tools such as quantile-based regression, quantile-on-quantile, and causality-in-quantiles were present in the studies.…”
Section: Literature Reviewmentioning
confidence: 99%
“…In the literature, studies assessing renewables markets were divided into two groups. The first group of studies primarily analysed the connectedness between natural gas and renewable energy markets, focusing on event-based approaches [ [85] , [86] , [87] , [88] , [89] , [90] , [91] ]. Empirical tools such as quantile-based regression, quantile-on-quantile, and causality-in-quantiles were present in the studies.…”
Section: Literature Reviewmentioning
confidence: 99%
“… Explore the potential of machine learning algorithms in assessing the impacts of various variables on green bond returns. (Chen et al [11] , Mohsin and Jamaani [34] , Gyamerah et al [19] ) …”
Section: Conclusion and Recommendationsmentioning
confidence: 99%
“…is high, green bonds have better performance and lower credit risk, so they can be included in diversified investment portfolios for risk hedging; The study of Cicchiello et al (2022) showed an increase in the credit spreads of green bonds compared with conventional ones in the aftermath of pandemic's outbreak. Secondly, in terms of financial markets, based on the theory of financial contagion, Tiwari et al (2023a) found that price fluctuations in the fintech market exacerbate the fragility of green bonds, and the development of fintech can increase the credit spread of green bonds to some extent; Mishra et al (2023) studied the contemporaneous Y. Yu, Z. D. Cai Open Journal of Business and Management growth of green bonds and sever S&P sectoral indices; Tiwari et al (2023b) found the relatively weak impact of green stocks on green bonds, so under bear market conditions, green bonds can serve as an effective tool for risk diversification and hedging of environmental portfolios; Jin et al (2020) found that the green bond index is the best hedge for carbon futures; Xiang and Cao (2023) found a long-term high correlation between green bond performance and oil prices; Wei et al (2023) observed positive effects of both supply-driven and demand-driven oil shocks on the green bond market at most quantile levels, indicating that the impact of oil prices has increased the risk of the green bond market presented as an overall increase in the credit spread.…”
Section: Literature Review and Research Assumptionsmentioning
confidence: 99%