Your search found 1 records
1 Vandone, D.; Peri, M.; Baldi, L.; Tanda, A.. 2018. The impact of energy and agriculture prices on the stock performance of the water industry. Water Resources and Economics, 23:14-27. [doi: https://doi.org/10.1016/j.wre.2018.02.002]
Water market ; Industry ; Agricultural prices ; Energy sources ; Stocks ; Price indices ; Water demand ; Macroeconomic analysis ; Financing ; Risk factors ; Models
(Location: IWMI HQ Call no: e-copy only Record No: H048912)
(1.52 MB)
Water issues are receiving increasing attention from policy-makers and international organizations due to water scarcity and global rising demand. Given that the demand for water is mainly driven by agriculture and energy, we use a multifactor market model to analyze the impact of agriculture and energy price trends on the price of listed companies operating in the water industry. Evidence highlights a sensitivity of water stocks returns to agriculture and energy price changes. Additionally, when using state space model to estimate dynamic beta coefficients, factor sensitivities show a time-varying behavior, especially during the 2008 economic and financial crisis.
Powered by DB/Text WebPublisher, from
