Geopolitical Risks’ Spillovers Across Countries and on Commodity Markets: A Dynamic Analysis
Year: 2024
Type: article
Abstract: We investigate the transmission of geopolitical risks between G7-BRICS countries and commodity futures prices. We find geopolitical instability after the outbreak of the Russia-Ukraine conflict. In a context where the G7 countries geopolitically influence the BRICS and vice versa, the United States, Germany, India, and Russia emerge as the predominant sources of spillovers. The commodity futures prices most influenced by geopolitical risks are those relating to energy.
Source: Energy RESEARCH LETTERS
DOI: 10.46557/001c.121262
Authors: Giulio Palomba, Marco Tedeschi
Institution: Marche Polytechnic University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402131207