Displaying 1 publication

Abstract:
Sort:
  1. Naeem MA, Karim S, Farid S, Tiwari AK
    Econ Anal Policy, 2022 Sep;75:548-562.
    PMID: 35789957 DOI: 10.1016/j.eap.2022.06.015
    In the backdrop of the recent COVID-19 pandemic, the study examines the comparative asymmetric efficiency of dirty and clean energy markets pre and during the COVID-19 pandemic. For this purpose, we utilize an asymmetric multifractality detrended fluctuation analysis (A-MF-DFA). The study's findings uncover the presence of asymmetric multifractality in clean and dirty energy markets. In addition, multifractality in the energy markets is sensitive to trends, time horizon and major events. More importantly, the results suggest superior efficiency of clean-energy markets compared to conventional energies. We confirm the time-varying nature of market efficiency in the energy markets, and during the recent COVID-19 outbreak, market inefficiencies in the clean and dirty energy markets soared. In this way, the study holds meaningful insights for policymakers, energy policy practitioners, investors, and financial market participants to choose between clean (dirty) investments based on their asymmetric efficiency (inefficiency).
Related Terms
Filters
Contact Us

Please provide feedback to Administrator ([email protected])

External Links