Persistence in silver prices and the influence of solar energy

被引：12
作者：
Apergis, Nicholas [1 ]
Carmona-Gonzalez, Nieves [2 ]
Gil-Alana, Luis Alberiko [2 ,3 ]
机构：
[1] Univ Derby, Derby, England
[2] Univ Francisco de Vitoria, Madrid, Spain
[3] Univ Navarra, Pamplona, Spain
来源：
RESOURCES POLICY | 2020年 / 69卷 / 69期
关键词：
Silver prices; Solar energy production; Persistence; Fractional integration; FRACTIONAL COINTEGRATION; STRUCTURAL BREAKS; LONG MEMORY; GOLD; CHINA; HEDGE; REPRESENTATION; CONSUMPTION; INFLATION; BUBBLES;
D O I：
10.1016/j.resourpol.2020.101857
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
This paper deals with the analysis of silver prices and the influence of solar energy on its behaviour. For this purpose, the analysis uses long memory methods based on fractional integration and cointegration. The results indicate that the two variables are very persistent, though any long run equilibrium relationship between them is not observed. Nevertheless, the results illustrate some short-run negative effects from solar energy capacity on silver prices.
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页数：8
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