Work

Investigating the Impact of Energy Price Volatility on Borsa Istanbul Chemical Petroleum Plastic Index Returns#

Year: 2025

Type: article

Abstract: The study aims to investigate the impact of coal and electricity price volatility on Borsa Istanbul (BIST) chemical petroleum plastic index (CPPI) return. Sample of the study spans from August 2009 to December 2020. In this study, volatility in electricity and coal prices are modeled with autoregressive conditional heteroscedasticity models. In the regression model including the BIST CPPI return, it is investigated whether the electricity and coal price volatility coefficients are statistically significant. When we examine the models showing the impact of electricity and coal volatility on BIST CPPI return, we conclude that the electricity and coal price volatility coefficients are statistically insignificant.

Source: International Journal of Energy Economics and Policy

DOI: 10.32479/ijeep.19201

Authors: Serkan Yilmaz Kandır, Gozde Elbir Mermer

Institution: Cukurova University

Language: English

Topic: Market Dynamics and Volatility

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Affordable and clean energy

Open Access status: gold

Estimated APC paid: $590