The Dynamic Relationship among Domestic Stock Returns Volatility, Oil Prices, Exchange Rate and Macroeconomic Factors of Investment
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Tarih
2023
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Econjournals
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This study investigates the impact of oil price variations, exchange rates, macroeconomic factors and domestic stock volatility in selected south Asian countries. This study employs a general autoregressive heteroskedastic (GARCH) model using quarterly data from 2001 to 2021. The results reveal that there is a significant relationship between the domestic stock of credit and macroeconomic factors. We find surprising results for the set of the countries; there is a negative impact of asset portfolio investment in the domestic stock for Bangladesh, and Pakistan. There is a positive impact on the economic growth in the majority of countries with the exception of Pakistan and Bangladesh. Inflation seems to increase while there is an increase in the credit in the economy. © 2023, Econjournals. All rights reserved.
Açıklama
Anahtar Kelimeler
Domestic Stock Returns, Energy Sources, Exchange Rate, Macroeconomic Factors, Oil Prices
Kaynak
International Journal of Energy Economics and Policy
WoS Q Değeri
Scopus Q Değeri
Q1
Cilt
13
Sayı
3
