The Impact of Changes in Oil Price on Stock Market: Evidence from Africa
作者: unknown
刊名: International Journal of Management, Economics and Social Sciences, 2019, Vol.8 (3)
来源数据库: IJMESS Int’l Publishers
原始语种摘要: This study examined the impact of oil price on African stock markets. Using quarterly data from five selected oil producing countries with stock market presence, from Q1:2010 to Q4:2018, the study deployed dynamic panel analysis technique for a model comprising stock returns, real gross domestic product growth rate, exchange rate and OPEC basket price. From the findings, an adverse effect of oil prices existed on stock markets in Africa, attributable to fragmented and underdeveloped capital markets.
全文获取路径: IJMESS国际出版社 
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关键词翻译
关键词翻译
  • prices 行情
  • stock 岩株
  • Africa 非洲
  • returns 返回粉末
  • quarterly 每季
  • capital 首都
  • panel 
  • market 市场
  • fragmented 碎裂的
  • dynamic 动力学的