Matches in SemOpenAlex for { <https://semopenalex.org/work/W2798009099> ?p ?o ?g. }
- W2798009099 endingPage "472" @default.
- W2798009099 startingPage "461" @default.
- W2798009099 abstract "Using a sample of 828 oil-user firms from 14 net oil-producing countries spanning from January 2004 to December 2015, we show that stock returns of oil-user companies increase with lagged oil price returns and decrease with lagged oil price volatility. Furthermore, the evidence suggests that oil-user stocks operating in countries with larger fuel subsidies tend to be more exposed to oil returns but not oil volatility. Intuitively, when the oil price increases (decreases), oil-user stocks that operate in countries with larger oil subsidies gain (lose) more than oil-user stocks in countries with smaller fuel subsidies. However, both types of stocks experience losses when the oil market becomes more volatile, with no statistically significant difference between their losses. Our evidence implies a diversification benefit for international investors to reduce their exposure to oil risk. Our results are robust because of the use of alternative proxies, econometric methodologies, and model specifications." @default.
- W2798009099 created "2018-04-24" @default.
- W2798009099 creator A5033707183 @default.
- W2798009099 creator A5039455211 @default.
- W2798009099 creator A5080990873 @default.
- W2798009099 date "2019-06-01" @default.
- W2798009099 modified "2023-10-18" @default.
- W2798009099 title "Oil subsidies and the risk exposure of oil-user stocks: Evidence from net oil producers" @default.
- W2798009099 cites W1973809982 @default.
- W2798009099 cites W1983056091 @default.
- W2798009099 cites W1992783043 @default.
- W2798009099 cites W1995110139 @default.
- W2798009099 cites W1997529623 @default.
- W2798009099 cites W2015800048 @default.
- W2798009099 cites W2020750119 @default.
- W2798009099 cites W2020857086 @default.
- W2798009099 cites W2045564168 @default.
- W2798009099 cites W2045817470 @default.
- W2798009099 cites W2074548812 @default.
- W2798009099 cites W2076438649 @default.
- W2798009099 cites W2092440222 @default.
- W2798009099 cites W2094283948 @default.
- W2798009099 cites W2103315488 @default.
- W2798009099 cites W2104795328 @default.
- W2798009099 cites W2107787774 @default.
- W2798009099 cites W2108189421 @default.
- W2798009099 cites W2113305199 @default.
- W2798009099 cites W2127659392 @default.
- W2798009099 cites W2132417154 @default.
- W2798009099 cites W2154084173 @default.
- W2798009099 cites W2178002390 @default.
- W2798009099 cites W2351089660 @default.
- W2798009099 cites W2556485752 @default.
- W2798009099 cites W2955240740 @default.
- W2798009099 cites W3022053996 @default.
- W2798009099 cites W3121906061 @default.
- W2798009099 cites W3122136141 @default.
- W2798009099 cites W3122380305 @default.
- W2798009099 cites W3122531067 @default.
- W2798009099 cites W3122948958 @default.
- W2798009099 cites W3123974798 @default.
- W2798009099 cites W3123979702 @default.
- W2798009099 cites W3124238415 @default.
- W2798009099 cites W3125777887 @default.
- W2798009099 cites W3125929572 @default.
- W2798009099 doi "https://doi.org/10.1016/j.resourpol.2018.04.003" @default.
- W2798009099 hasPublicationYear "2019" @default.
- W2798009099 type Work @default.
- W2798009099 sameAs 2798009099 @default.
- W2798009099 citedByCount "8" @default.
- W2798009099 countsByYear W27980090992020 @default.
- W2798009099 countsByYear W27980090992021 @default.
- W2798009099 countsByYear W27980090992022 @default.
- W2798009099 countsByYear W27980090992023 @default.
- W2798009099 crossrefType "journal-article" @default.
- W2798009099 hasAuthorship W2798009099A5033707183 @default.
- W2798009099 hasAuthorship W2798009099A5039455211 @default.
- W2798009099 hasAuthorship W2798009099A5080990873 @default.
- W2798009099 hasBestOaLocation W27980090992 @default.
- W2798009099 hasConcept C106159729 @default.
- W2798009099 hasConcept C127413603 @default.
- W2798009099 hasConcept C138153592 @default.
- W2798009099 hasConcept C144133560 @default.
- W2798009099 hasConcept C162324750 @default.
- W2798009099 hasConcept C162853370 @default.
- W2798009099 hasConcept C180916674 @default.
- W2798009099 hasConcept C204036174 @default.
- W2798009099 hasConcept C2984556133 @default.
- W2798009099 hasConcept C2987168347 @default.
- W2798009099 hasConcept C34447519 @default.
- W2798009099 hasConcept C48824518 @default.
- W2798009099 hasConcept C556758197 @default.
- W2798009099 hasConcept C78519656 @default.
- W2798009099 hasConcept C78762247 @default.
- W2798009099 hasConcept C84265765 @default.
- W2798009099 hasConcept C91602232 @default.
- W2798009099 hasConceptScore W2798009099C106159729 @default.
- W2798009099 hasConceptScore W2798009099C127413603 @default.
- W2798009099 hasConceptScore W2798009099C138153592 @default.
- W2798009099 hasConceptScore W2798009099C144133560 @default.
- W2798009099 hasConceptScore W2798009099C162324750 @default.
- W2798009099 hasConceptScore W2798009099C162853370 @default.
- W2798009099 hasConceptScore W2798009099C180916674 @default.
- W2798009099 hasConceptScore W2798009099C204036174 @default.
- W2798009099 hasConceptScore W2798009099C2984556133 @default.
- W2798009099 hasConceptScore W2798009099C2987168347 @default.
- W2798009099 hasConceptScore W2798009099C34447519 @default.
- W2798009099 hasConceptScore W2798009099C48824518 @default.
- W2798009099 hasConceptScore W2798009099C556758197 @default.
- W2798009099 hasConceptScore W2798009099C78519656 @default.
- W2798009099 hasConceptScore W2798009099C78762247 @default.
- W2798009099 hasConceptScore W2798009099C84265765 @default.
- W2798009099 hasConceptScore W2798009099C91602232 @default.
- W2798009099 hasLocation W27980090991 @default.
- W2798009099 hasLocation W27980090992 @default.
- W2798009099 hasOpenAccess W2798009099 @default.
- W2798009099 hasPrimaryLocation W27980090991 @default.
- W2798009099 hasRelatedWork W1610235707 @default.