COVID-Induced Investor Sentiments and Market Reaction under Extreme Meteorological Conditions: Evidence from Clean Energy Sector of Asia-Pacific

Bezprecedensowy globalny kryzys gospodarczy i społeczny wywołany wybuchem koronawirusa uderzył także w sektor energetyczny. Korzystając z modelu dynamicznego, zbadaliśmy wpływ COVID-19 na nastroje inwestorów i stopy zwrotu w sektorze czystej energii w regionie Azji i Pacyfiku. Odkąd COVID-19 wpłynął negatyw-nie na handel i przyczynił się do gwałtownego spadku ceny ropy, wiele gospodarek wsparło odnawialne źródła energii, aby zaspokoić zapotrzebowanie na energię. Wyniki pokazują jednak, że koronawirus negatywnie wpływa na stopy zwrotu. Stwierdzamy również negatywny wpływ zanieczyszczenia powietrza na stopy zwrotu. Z drugiej strony nie widzimy istotnego wpływu zmian temperatury ani na nastroje inwestorów, ani na stopy zwrotu z czystej energii. Akcje czystej energii były postrzegane jako bardziej zrównoważone i mniej podatne na wstrząsy zewnętrzne, jednak strach i pesymizm inwestorów wywołany koronawirusem może wpłynąć nega-tywnie na sektor energii odnawialnej.

Słowa kluczowe:

COVID-19, nastroje inwestorów, zanieczyszczenia powietrza, temperatura, rynek energii odnawialnej

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Nastroje inwestorów wywołane przez COVID-19 i reakcje rynku w ekstremalnych warunkach meteorologicznych: dowody z sektora czystej energii w regionie Azji i Pacyfiku. (2021). Problemy Ekorozwoju , 16(1), 7-15. https://doi.org/10.35784/pe.2021.1.01

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Numer Tom 16 Nr 1 (2021)

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