The Analysis Effect Of Commodities Crude Oil and Coal In Indonesia Stock Exchange

H. Hersugondo, R. D. Laksana, V. Mayasari
{"title":"The Analysis Effect Of Commodities Crude Oil and Coal In Indonesia Stock Exchange","authors":"H. Hersugondo, R. D. Laksana, V. Mayasari","doi":"10.20884/1.JP.2019.26.2.1609","DOIUrl":null,"url":null,"abstract":"Crude oil is a commodity and major world needs today. Since the historic collapse of Lehman Brothers helped precipitate the global economic crisis in the spring of 2008, a strong positive correlation between the price of crude oil continues to appear and the global stock markets, including the stock exchanges in Indonesia. This happens due to capital market investors assume that rising energy prices are a sign of the increasing global demand objective of this study was to determine the effect of crude oil prices and the price of coal on JCI in the Stock Exchange in the period 2012 -2017. \n This study will use a time series data analysis tool Vector Autoregression approach. VAR model approach is considered more suitable for detecting a mutual relationship or a dynamic two-way causality between variables in world crude oil prices, the price of gold and the price of coal on the stock price index of the mining sector in the system of equations","PeriodicalId":84885,"journal":{"name":"Improving human performance quarterly","volume":"115 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Improving human performance quarterly","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.20884/1.JP.2019.26.2.1609","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

Abstract

Crude oil is a commodity and major world needs today. Since the historic collapse of Lehman Brothers helped precipitate the global economic crisis in the spring of 2008, a strong positive correlation between the price of crude oil continues to appear and the global stock markets, including the stock exchanges in Indonesia. This happens due to capital market investors assume that rising energy prices are a sign of the increasing global demand objective of this study was to determine the effect of crude oil prices and the price of coal on JCI in the Stock Exchange in the period 2012 -2017. This study will use a time series data analysis tool Vector Autoregression approach. VAR model approach is considered more suitable for detecting a mutual relationship or a dynamic two-way causality between variables in world crude oil prices, the price of gold and the price of coal on the stock price index of the mining sector in the system of equations
大宗商品原油和煤炭在印尼证券交易所的影响分析
原油是一种大宗商品,也是当今世界的主要需求。自2008年春季雷曼兄弟(Lehman Brothers)的历史性破产引发全球经济危机以来,原油价格与全球股市(包括印尼股市)之间持续呈现出强烈的正相关性。这是由于资本市场投资者认为能源价格上涨是全球需求增长的标志,本研究的目标是确定2012 -2017年期间原油价格和煤炭价格对证券交易所JCI的影响。本研究将使用时间序列数据分析工具向量自回归方法。VAR模型方法被认为更适合于在方程组中检测世界原油价格、黄金价格、煤炭价格等变量对矿业股票价格指数的相互关系或动态双向因果关系
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信