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- W4313366670 abstract "Purpose This study aims to explore empirical evidence of the impact of greenhouse gas (GHG) emissions on stock market volatility. Design/methodology/approach Using panel data of 35 Organization for Economic Co-operation and Development countries from 1992 to 2018, we conduct both fixed effects panel model and Prais-Winsten model with panel-corrected standard errors. Findings The authors document that there is a significant positive relationship between GHG emissions and stock market volatility. The results remain robust after controlling for potential endogeneity problems. Originality/value This study contributes to the literature in that it provides additional empirical evidence for the financial risk posed by climate change." @default.
- W4313366670 created "2023-01-06" @default.
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- W4313366670 date "2023-01-02" @default.
- W4313366670 modified "2023-10-03" @default.
- W4313366670 title "Greenhouse gas emissions and stock market volatility: an empirical analysis of OECD countries" @default.
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- W4313366670 doi "https://doi.org/10.1108/ijccsm-10-2021-0124" @default.
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