Determinants of renewable stock returns: The role of global supply chain pressure

Title

Determinants of renewable stock returns: The role of global supply chain pressure

Creator

Hu G.; Gozgor G.; Lu Z.; Mahalik M.K.; Pal S.

Description

This study investigates the determinants of the global renewable stocks index returns from November 2003 to August 2022. The explanatory variables include global supply chain pressure measures, climate policy uncertainty, global economic activity, and crude oil prices. The long-run panel dynamic Autoregressive Distributed Lag estimations show that the global supply chain pressure, climate policy uncertainty, and global economic activity redound renewable stock returns. These results are robust enough to utilise different long-run estimation techniques. Potential policy implications are also discussed. 2023 The Authors

Source

Renewable and Sustainable Energy Reviews, Vol-191

Date

2024-01-01

Publisher

Elsevier Ltd

Subject

Climate policy uncertainty; crude oil prices; Global economic activity; Global supply chain pressure; renewable energy stocks

Coverage

Hu G., School of Business, Henan Normal University, Xinxiang, China, School of Digital Commerce, Zhejiang Yuexiu University, Shaoxing, China; Gozgor G., School of Management, University of Bradford, Bradford, United Kingdom, Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon, Faculty of Political Sciences, Istanbul Medeniyet University, Istanbul, Turkey; Lu Z., School of Management, Qingdao City University, Qingdao, China; Mahalik M.K., Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, West Bengal, India; Pal S., Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur, West Bengal, India, School of Business and Management, Christ University (Deemed to be University), Karnataka, Bangaluru, 560029, India

Rights

Restricted Access

Relation

ISSN: 13640321; CODEN: RSERF

Format

Online

Language

English

Type

Article

Identifier

https://doi.org/10.1016/j.rser.2023.114182

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85179888809&doi=10.1016%2fj.rser.2023.114182&partnerID=40&md5=6692a564989c54a016ada078af439f98