2021, Volume 74 - Issue 1
Citationi RSS feed: At RePEc
Data di pubblicazione: 17 febbraio 2021
EFFECTS OF SINO FDI ON THE GROWTH OF SUB-SAHARAN AFRICALeggi l'articolo
CRUDE OIL PRICE MOVEMENTS AND STOCK TRADING ACTIVITY: EVIDENCE FROM INDONESIALeggi l'articolo
THE EFFECT OF WATER CONSERVATION ON RESIDENTIAL FRESH WATER CONSUMPTION: EVIDENCE FROM KUWAITLeggi l'articolo
SHORT AND LONG RUN ASYMMETRIC EFFECTS OF MONETARY AND FISCAL POLICY UNCERTAINTY ON ECONOMIC ACTIVITY IN THE U.S.Leggi l'articolo
FOREIGN OWNERSHIP AND OPTIMAL DISCRIMINATORY TARIFFS UNDER OLIGOPOLISTIC COMPETITIONLeggi l'articolo
Indra DARMAWAN, School of Business, IPB University, Bogor, Indonesia and Indonesia Banking School, Jakarta, Indonesia
Dedi Budiman HAKIM, School of Business, IPB University, Bogor, Indonesia and Faculty of Economics and Management, IPB University, Bogor, Indonesia
Adler Haymans MANURUNG, School of Business, IPB University, Bogor, Indonesia and Faculty of Economics and Management, IPB University, Bogor, Indonesia
Hermanto SIREGAR, School of Business, IPB University, Bogor, Indonesia and Faculty of Economics and Management, IPB University, Bogor, Indonesia
I movimenti del prezzo del petrolio crudo e le contrattazioni azionarie: studio del caso Indonesia
L’attività di negoziazione azionaria riflette la dinamica di un comportamento del mercato azionario stesso e diventa un indicatore importante del suo sviluppo. Questo articolo osserva gli effetti dei movimenti del prezzo del petrolio crudo sulle contrattazioni azionarie in Indonesia, registrate tramite il Jakarta composite index (JCI), il volume delle transazioni azionarie (VolT), il valore delle transazioni azionarie (ValT) e la capitalizzazione del mercato (MCap). È stato applicato un approccio VECM per osservarne gli effetti. I risultati evidenziano che i movimenti del prezzo del petrolio crudo hanno un effetto significativo su questi indicatori. L’analisi IRF (Impulse Response Functions) mostra che quegli indicatori danno risposte significative ai movimenti del prezzo del petrolio crudo e l’analisi di decomposizione di varianza (FEVD) mostra che tali movimenti contribuiscono alla variabilità delle attività di contrattazione azionaria in Indonesia.
C58, F65, G12, Q43
Crude Oil Price Movement, Stock Trading Activity, Time Series Analysis, VECM
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