Do tradicional ao baixo carbonoÀ procura do clima para a diversificação do investimento

  1. Vítor Manuel de Sousa Gabriel 1
  2. Maria Fernanda Ludovina Inácio Matias 2
  3. María Belén Lozano García 3
  1. 1 Instituto Politécnico da Guarda
    info

    Instituto Politécnico da Guarda

    Guarda, Portugal

    ROR https://ror.org/02463v873

  2. 2 Universidade do Algarve
    info

    Universidade do Algarve

    Faro, Portugal

    ROR https://ror.org/014g34x36

  3. 3 Universidad de Salamanca
    info

    Universidad de Salamanca

    Salamanca, España

    ROR https://ror.org/02f40zc51

Libro:
XXX Jornadas Luso-Espanholas de Gestão Científica: cooperação transfronteiriça. Desenvolvimento e coesão territorial. Livro de resumos
  1. PaulaOdete Fernandes

Editorial: Instituto Politécnico de Bragança

ISBN: 978-972-745-273-6

Año de publicación: 2020

Páginas: 69

Congreso: Jornadas Hispanolusas de Gestión Científica (30. 2020. Bragança)

Tipo: Aportación congreso

Resumen

Considering the short- and long-term equilibrium between indices, the present work analyses the relationship of two segments of stock markets: low carbon investment and traditional investment. We used Bounds test and multivariate models of conditional heteroscedasticity for a time period of five years. Our result shows that in the long term, the pattern of behaviour of climate change indices differed from traditional indices, and no equilibrium relationships were identified. In the short term, the two groups of indices reported very similar behaviour, with the daily dynamics being determined fundamentally by cross-market factors